Our monthly Scottish labour market update is compiled from sources including the Bank of Scotland Report on Jobs (produced by Markit) and live market research.
Foreword by Mark McFall, Group MD of Change Recruitment Group
“The permanent market had slowed at the beginning of Q2 with company hesitancy around the upcoming UK general election. However, we have seen demand in the market increase at a quicker rate post election. The challenger banks, as well as professional services firms, have increased demand within the IT and change and consultancy spaces.”
Overall, the recovery of the Scottish labour market continued into the start of the second half of the year. However, that recovery was at a slower pace than prior months. July saw a rise in demand for staff, as well as an increase in starting salaries, and the permanent appointments actually increased at the fastest rate since February of this year. The market was led again with strongest growth in the IT and digital sectors. That sector, along with engineering and construction, saw temporary demand increases at a rate which was the highest since the start of the year.
- The UK showed an increase in those claiming Jobseekers Allowance for the first time in two and a half years
- Aberdeen saw a decline in both permanent and temporary placements
- Glasgow and Edinburgh both saw growth in the permanent and temporary markets, with Glasgow experiencing the sharpest deterioration in supply of temporary candidates and Edinburgh in permanent candidates