Labour Market Analysis – January

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?
REC Logo (2)
Recruitment and Employment Confederation

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

  • Stronger growth of permanent placements
  • Temp billings increase at sharpest rate in three months
  • Strong pay growth underpinned by tight candidate availability

 Commenting on the latest survey results: Kevin Green, REC chief executive, says:

“As we enter 2015 the jobs market continues its strong performance. Recruiters are helping an increasing number of businesses find new permanent employees, and skills shortages in most areas of the economy mean that competition for quality candidates is driving up starting salaries.

               

Sectors recruiting the highest number of permanent  staff Sectors recruiting the highest number of temporary staff
  1. Accounting/Financial
  2. IT & Computing
  3. Secretarial/Clerical
  4. Executive/Professiona
  5. lEngineering*
  6. Nursing/Medical/Care
  7. Hotel & Catering
  8. Blue Collar
  9. Construction*
  1. Nursing/Medical/Care
  2. Blue Collar
  3. Hotel & Catering
  4. Secretarial/Clerical
  5. IT & Computing
  6. Accounting/Financial
  7. Engineering
  8. Construction
  9. Executive/Professional

 

Key permanent staff skills reported in short supply:

Accountancy/Financial: Audit, Financial Planners, General Finance, Paraplanners, Tax.

Blue Collar workers: HGV Drivers

Construction: Project Managers, Rail, Traffic, Site Managers.

Engineering: Aerospace, Engineers, Mechanical.

Executive/Professional: Executives, HR, Legal, Project Leaders.

Hotels/Catering: Chefs, Hospitality.

IT/Computing: Business Analysts, Digital Marketing, Java, .Net, SAP, Security, Software, Web Developers.

Nursing/Medical/Care: Care Workers, Nurses.

Other: Account Managers, Commercial, Electronics, Manufacturing, Marketing, Product

Managers, Property, Sales, Teachers.

Where would you like to go now?

Discover Youth Friendly Employers

Email us at info@youthemployment.org.uk or call 01536 513388.

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