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The Report on Jobs survey by Markit, for December; provided good and bad news for those in Engineering and Construction. Demand for staff across almost all employment sectors continued to rise in December providing good news for the UK economy at a time of gloomy forecasts for the wider global economy.
Growth in permanent salaries also moderated to 26-month low. Worringly demand for permanent staff in Construction weakened further in December; whilst, demand for contract staff in Construction actually fell in both November and December.
Demand for Permanent Engineers weakens further
The demand across the whole of the engineering sector continued to soften with the report showing the index falling for the sixth consecutive month from a high in July 2015 when the demand for permanent engineers was at a peak and the sector was in top spot in the rankings.
Demand for Contract Engineers weakens
The news in the jobs survey on the demand for contract engineers was also disappointing with demand increasing at its slowest rate for 6months.
For Engineers key points of interest in the December report were:
Demand for both permanent and contract engineers continues to rise but at its slowest rate since July 2015.
Engineers in most in-demand
Permanent: Design Engineers.
Contract: Architectural, Designers with Revit
Acknowledgements:
The Report on Jobs is a monthly publication produced by Markit and sponsored by the REC (Recruitment and Employment Confederation) and KPMG LLP.