At YEUK we think that by understanding the labour market young people can help make an informed choice about the qualifications or pathways they choose.
Young people should be asking themselves:
- Is the number of jobs available in the sector they are interested in increasing?
- Will those sectors still be recruiting when they qualify?
- Which sectors are recruiting?
- Where are the skills gaps?
The REC Labour Market Analysis offers up to date recruitment information to answer these questions.
The Recruitment and Employment Confederation (REC) is the professional body for the recruitment sector AND a supporter and member of YEUK.
The Report on Jobs is a monthly publication produced by Markit and sponsored by the Recruitment and Employment Confederation and KPMG LLP.
Key points from the summery
- Permanent and temporary appointments rise, but rate of growth slows
- Vacancies increase at stronger pace
- Rate of decline in candidate availability moderates
Kevin Green, REC chief executive, says:
“January saw more people secure a new permanent job via a recruiter than in December and the decline in the number of available candidates means competition for skilled workers is driving up pay. With record levels of employment and falling inflation, this means many workers should feel better off in 2015 than they did in 2014.
“It’s encouraging to see these positive trends aren’t focused just in the South East, with all regions reporting rises in people finding jobs and pay increases with the North and the Midlands both reporting robust growth.
“However, the rate of growth in placements is beginning to ease and while the pressure of skills shortages is benefiting new hires via more generous pay offers, in the medium and long term the situation poses real problems for sustainable business growth.” “to read the full report click here:
| Sectors recruiting the highest number of permanent staff | Sectors recruiting the highest number of temporary staff |
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- Accountancy/Financial: Banking, Credit, Finance.
- Construction: Estimators, Project Managers, Quantity
- Surveyors. Engineering: Aerospace, CAD Designers,
- Engineers. Executive/Professional: Legal. Hotels/
- Catering: Hospitality. IT/Computing: Business Analysts,
- Business Intelligence, Developers, Game Technology, Java,
- .Net, SAP, SQL Server, PHP, Web Technology. Nursing/
- Medical/Care: Care Workers, Nurses. Secretarial/Clerical:
- Administrators, PAs. Other: Buyers, Sales
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