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Permanent placements up again in Mids

Accountancy firm KPMG's Report on Jobs: Midlands is put together from monthly replies to questionnaires sent to recruitment and employment consultancies in the region.

The rate of expansion in permanent appointments in the Midlands was "much faster" than in the rest of the UK, the report said.

Some respondents indicated that changes to agency workers regulations had partly led to the rise.

Temporary billings also increased in March, ending a two-month run of reduction. The Midlands was the only UK region to record a rise in the figure.

Steve Hollis, KPMG chairman in the Midlands, said: "If growth in appointments is an indicator of improving regional economic health, we have much to be upbeat about in the Midlands given March was the third consecutive month in which the region experienced a healthy rise, above the UK average.

"Data showing that salaries in the East Midlands were the fastest growing is a further indication that the regional economy is feeling less of the pinch affecting the UK as a whole, and may benefit from a greater degree of consumer spending."

Although permanent salaries continued to increase in the Midlands during March, the rate of inflation moderated for the second successive month and was the weakest since June 2011. The rate of inflation in hourly pay rates for temporary staff in the Midlands also slowed.

Source:www.insidermedia.com|

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