Scottish Labour Market
The Change Recruitment Group 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
Across the country July saw the steepest decline in permanent job placements in Scotland for some time. Salary growth has also slowed significantly from last month. In contrast however, we saw a rise in the number of temporary positions, and of candidates looking for work in temporary jobs. Although this decline in the number of permanent positions is concerning in the short term, we should note that it comes against strong growth in volume of placements in recent months. IT & Digital was the strongest performing sector over the last month.
The Scottish labour market suffered its biggest drop in seven years in the month of July, with a large drop in the volume of permanent placements made. The results in Scotland are marginally better than those experienced in the rest of the UK where permanent placements fell for the second month running and at the sharpest pace since 2009. The pace of growth within the temporary market is in sharp contrast, as it continues to grow at a fast rate. The strongest rise in demand for staff was within the IT & Computing sector, followed by the Engineering & Construction sector.