REC - Report on Jobs: Hiring activity growth accelerates in August, but candidate supply drops at record pace
Thursday, 9 September 2021
The latest KPMG and REC, UK Report on Jobs survey signalled a further rapid increase in hiring activity during August, as improved confidence around the outlook led businesses to ramp up their recruitment plans. Permanent placement growth hit a fresh series high, while temp billings also rose sharply, as overall vacancies expanded at a rate that was only slightly softer than July’s record. However, an unprecedented drop in candidate availability and greater competition for workers led to a record increase in starting salaries for permanent staff and a steeper increase in pay for short-term roles.