The UK jobs market suffered a dramatic freefall in July – are you coping?

The UK jobs market suffered a dramatic freefall in July – are you coping?

Key points:

  • Marked drop in permanent appointments amid heightened uncertainty
  • Temp billings continue to rise, but at slowest rate in ten months
  • Permanent salaries increase at weakest rate in over three years

Permanent placements fall at steeper rate… The number of people placed in permanent roles decreased for a second successive month in July. Moreover, the rate of contraction accelerated to the sharpest since May 2009, with panellists frequently citing Brexit-related uncertainty. A particularly marked impact was reported by consultancies based in London.

 …while temp billings growth eases further Temporary/contract staff billings continued to rise in July, with some panellists indicating that clients had shifted focus towards short-term staff amid an uncertain economic climate. However, the latest increase in billings was the weakest in ten months.

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About RSE Group

Here at the RSE Group, we are curious to understand what will give organisations the best ROI on their investment in their people.

We aren’t just about recruiting the best people but ensuring they join the best working environment, and their managers and leaders have the tools and skills to help them realise their own and others capabilities.
Whether it’s about their skills, experience, attitudes & potential, or about its organisations and their teams, management, leadership, culture and behavioural preferences, it is clearly so much more than just about getting bums on seats.

Call us today to find out how we can help you take the pain out of your people management.

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