Partly Cloudy

Partly Cloudy

max temp: 18°C

min temp: 12°C

ESTD 1874 Search

WIN A NEW HYUNDAI i10 - See the EADT on June 8 for full details

East Anglia: Markit ‘Report on Jobs’ reveals 16-year high in demand for permanent staff

06:00 08 April 2014

Steve Muncey, KPMG

Steve Muncey, KPMG

Archant

Southern England, including East Anglia, London, has seen the strongest rise in demand for permanent staff in 16 years, according to a survey of recruitment firms.

shares

Markit Economics’ The Report on Jobs: South of England found the region’s sharp increase in demand for permanent staff has outpaced the UK-wide trend, with availability of candidates falling at the fastest rate since November 1997.

The study is based on data from monthly replies to questionnaires sent to around 150 recruitment and employment consultancies across the East of England, South East England and South West England, but excluding London.

Salary growth for permanent staff is at its highest for more than 13 years. Meanwhile, in March, demand rose in the region at the fastest rate since March 1998.

Growth in demand for temporary staff remained marked, almost matching January’s record of more than 15 years.

The region’s recruitment consultants reported ongoing strong growth in candidates placed in permanent jobs in March. The rate of increase slowed to a four-month low, however.

But the supply of permanent candidates in the South of England’s labour market fell for the ninth month running in March.

All four English regions surveyed registered strong growth of permanent placements in March. The strongest increase was again seen in the north while the weakest was noted in the south.

Growth slowed in the Midlands, but picked up to a six-month high in London.

Steve Muncey, senior partner for KPMG in East Anglia said across the region, demand for candidates was continuing to outstrip supply, while the number of people looking for permanent jobs fell at the fastest rate since 1997.

“Britain may not yet be near the levels of full employment that Chancellor George Osborne committed to last week but, with permanent and temporary placements remaining strong, anyone looking for a new job must be increasingly confident that their search will soon be over,” he said.

“This mismatch between supply and demand is inevitably heating up salaries, with wage growth reaching the highest it’s been for 13 and a half years. With the number of employers searching for permanent staff in the region outpacing the UK average, this is a great time for job seekers in the south.

“The next step will be for more candidates to put themselves forward for the roles on offer – something they still seem hesitant to do.”

shares

0 comments

Amanda Bond, Visit Suffolk brand manager, at Southwold.

The eastern region’s tourism industry outperformed the rest of England last year, with average spending by visitors growing by more than twice the national average.

Nicky Dulieu joins the board at Adnams

Family-owned garden centres group Notcutts has named its new chief executive, and announced the addition of a new non-executive director to its board.

The existing A14 in Cambridgeshire which is prone to congestion.

The first contracts have been awarded for the design and construction of the £1.5billion re-routing of the A14 between Cambridge and Huntingdon.

The wind turbine at 
Ness Point, Lowestoft
.

Onshore wind power company Triodos Renewables has reported a 23% increase in annual revenue, underpinned by an 18.6% rise in electricity generation during 2014.

Some of the facilities at David Lloyd Leisure in Ipswich.

Health and fitness centre operator David Lloyd Leisure is investing more than £1million in its club at The Havens on Ransomes Europark in Ipswich.

An 
Abellio Greater Anglia train.

Three train operators are in the running for the new East Anglia rail franchise.

The  Center Parcs business in the UK has been sold.

Britain’s five Center Parcs resorts, including Elveden Forest in Suffolk, have been sold to a Canadian investment firm in a deal thought to be worth more than £2.4billion.

Neil Slaven, UK commercial manager at easyJet, centre, left, and Mark Suter, head of business development at Stansted Airport, centre, right, with easyJet crew before the airline's inaugural flight from Stansted to Monastir in Tunisia.
Photo: Tim Anderson

Budget airline easyJet has expanded its network of routes out of Stansted Airport to 25, with the launch of services to holiday destination Monastir in Tunisia.

The expanded Abberton reservoir in Essex.

The expansion of the Abberton reservoir in Essex has been described by European Investment Bank vice president Jonathan Taylor as an “essential” investment in climate change adaptation technology in the UK.

Neil Darwin, chief executive of the Greater Cambridge Greater Peterborough LEP

The Greater Cambridge Greater Peterborough Local Enterprise Partnership (LEP) has appointed Neil Darwin as chief executive.

Most read

Most commented

Topic pages