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The main findings for August are:
Staff appointments continued to increase at moderate pace...
Permanent staff placements rose in August at a modest pace that was identical to that recorded in the previous month. Similarly, growth of temporary/contract staff billings held broadly steady since July.
...but growth of vacancies eased further
Although demand for staff continued to rise in August, the latest increase in overall vacancies was the slowest in nine months. Weaker rates of expansion were signalled for both permanent and temporary/contract vacancies.
Subdued pay pressures...
Permanent staff salaries increased only marginally and at the slowest pace for 22 months in August. Inflation of temporary/contract staff hourly pay rates quickened to a three-month high, but remained weak compared with the survey’s historical trend.
...amid higher levels of candidate availability
Recruiters indicated another rise in the availability of staff during August. Permanent candidate supply improved at the fastest pace since January 2010, while growth of temporary/contract staff availability remained close to July’s five-month high.
To read more please download the REC report for August 2011.
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