Key findings
Data collected March 11-25
Summary
The latest KPMG and REC, UK Report on Jobs survey highlighted softer rises in hiring activity during March, as candidate shortages restricted growth of both permanent placements and temp billings. Nonetheless, expansions remained sharp by historical standards, fuelled by a further steep increase in demand for staff. The availability of candidates to fill roles continued to fall sharply, however, with overall staff supply dropping at the quickest rate for four months.
The imbalance of labour supply and demand drove further substantial increases in rates of starting pay, with salaries for new permanent joiners rising at the quickest rate on record in March.
The report is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 UK recruitment and employment consultancies.
