Recruitment News

Latest Job Market Trends

Latest Job Market Trends

Year-on-year employer demand is up 16% according to Septemberís Reed Job Index.

Demand grew in industrial and technical areas such as engineering and manufacturing, along with business services sectors like customer services and media, digital & creative.

This month’s figures also reveal that the Reed Banking Index posted a reading of 75 – the lowest since the index began in December 2009, while the Reed Public Sector Job Index reads 57.

Martin Warnes, managing director of Reed says: “...there are signs that the much-sought re-balancing of the economy is a possibility, as sustained growth has returned to job sectors like engineering and manufacturing.”

“Across the private sector as a whole new jobs are still up more than a fifth compared to this time last year, and employers have found that stable salaries make it a good time for them to invest in new talent.”

There has also been a marked rise for senior and board level candidates among employers, according to research from professional staffing specialist Barclay Meade.

The research shows in Q2 a quarter of employers were seeking senior managers and highly-skilled candidates compared to just 15% in Q1. A further 11% of employers are recruiting at board level, up 5%.

Posted on 17th Oct 11

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