Hiring rebounds in August

The UK jobs market overall returned to normal patterns in August as the initial shock of the BREXIT vote result subsided. Permanent hiring returned to growth all sectors apart from Construction which saw permanent hires fall for the second month running.
There was growth in contract hires in both the Engineering and Construction sectors.

Commenting on the latest survey results, REC chief executive Kevin Green was quoted as saying: “The UK jobs market returned to pre-referendum patterns in August as the initial shock of the vote result subsided. Permanent hiring returned to growth as employers confirmed appointments that had been on hold or delayed in June and July. Starting salaries also improved, with employers having to offer more to attract candidates who might be reluctant to move jobs in the current climate. 
“Despite this month’s positive data, it is still too early to make conclusions about what impact the vote to leave the EU will have on the jobs market. For example, the fact that vacancy growth has softened is concerning, suggesting that hiring could be volatile over the coming months.

Engineers most in demand: 
Permanent: Design Engineers and Structural Engineers 
Contract: Structural Engineers

Acknowledgements: 
The Report on Jobs is a monthly publication produced by Markit and sponsored by the REC (Recruitment and Employment Confederation) and KPMG LLP.