Feeds

UK jobs market: Bad but getting worse more slowly

More demand for IT staff

Application security programs and practises

The UK jobs market, for both permanent and temporary positions, is in a bad way - but it is getting worse more slowly than it has for months.

KPMG's monthly check on the jobs market found that the decline in temporary and permanent positions slowed in May, with demand for IT rising up the chart. The fall was the slowest in seven months and a sharp decline from February's record drop, which saw permanent staff positions filled fall 44 per cent.

Mike Stevens, Partner and Head of Business Services at KPMG, said: “There is now some reason to hope that the UK jobs market has overcome the worst, at least for this phase of the recession. For the third successive month we have seen a slowing in the rate of decline in both temporary and permanent staff appointments.

"Demand for staff is still falling but much less fast than at the beginning of the year."

However, Stevens said it was hard to build optimism with so much of the world still deep in recession. He said the situation was made worse by uncertainty about public sector spending because the current government is entering its last year in office and "is losing the capacity to borrow".

On the other hand, candidate availability is still rising which is keeping a downward pressure on wages.

The survey goes out to 400 recruitment firms. It found temporary billing fell 16 per cent in May compared to last month, versus falls of 42 per cent in December last year and 50 per cent in January.

Demand for permanent IT staff is up from fourth place last year to second spot this year - temporary IT staff have seen an identical jump in position.

But permanent salaries, and hourly temp pay, both fell for the eighth successive month.

The full report is available to download from here. ®

Application security programs and practises

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
prev story

Whitepapers

Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.