> >

London job market hits six-month high – but headhunters warn on bad news

City A.M. Friday, 8 December 2017
London job market hits six-month high – but headhunters warn on bad newsLondon permanent jobs hit a six-month high, according to figures released today.

But headhunter trade body the Recruitment and Employment Confederation (REC) warned businesses were increasingly struggling to fill roles in the capital.

The number of candidates placed into permanent positions in the capital increased to the greatest extent since May. Permanent placements also increased across the UK as a whole, extending a current sequence of 16 months of growth.

"Despite the current uncertainties caused by Brexit and political turmoil, employers are still hiring in significant volume," said REC chief executive Kevin Green. "What is concerning is that recruiters tell us there are fewer people to fill the roles available in the capital, especially in accounting and finance.

*Read more*: City of London job vacancies have fallen 11 per cent in a year

"Having less access to candidates can have severe effects, restricting businesses’ ability to grow which means they won’t be able to create jobs or increase pay for staff. Although some hirers are responding by raising starting salaries in an attempt to attract scarce talent, there’s no evidence yet this is leading to pay increases for the wider workforce and those who fail to hire will find themselves in dire straits."

He continued: "It is absolutely vital that the government creates certainty for EU workers already here [in London]."

*Read more*: London's jobs boom just keeps going as new roles reach 15-month high
Share on
Share on
Post on 
Share by

You Might Like

Tweets about this

Other recent news in Business

U.S. reached deal to keep Chinese telecom ZTE in business - NEW YORK TimesGlobal Economy: EUROPE and U.S. lurch closer towards trade war
IPL '18: DINESH KARTHIK is all praises for Rashid KhanELON MUSK 'exactly wrong' on AI: Ex-Google chief
Four years of NDA: Sensex gains over 41% during NARENDRA MODI-regime, leaves investors richer by Rs 72 lakh croreICICI BANK loan row: SEBI serves notice to Chanda Kochhar, lender on dealings with Videocon and NuPower Renewables

Recent related videos

News video: How did Poland’s president die? It depends which official version you believe

▶ How did Poland’s president die? It depends which official version you believe 04:47

For the last eight years, each 10th day of every month has played out in accordance with the same careful choreography for Jarosław Kaczyński, the chairman of Poland’s ruling Law and Justice party..
Source: Euronews English -

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2018 newsR / One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter