Bank of Scotland

Permanent placements increase at strong, albeit weaker, rate in May

18 June 2012

  • Growth of permanent and temporary placements ease sharply from April’s highs
  • Permanent salaries increase at fastest pace in a year
  • Edinburgh sees strongest rise in permanent placements; Glasgow posts fastest increase in temp staff billings

The latest Bank of Scotland Report on Jobs signalled a further improvement to the Scottish labour market in May. Both permanent and temporary placements rose strongly over the month, but at sharply reduced rates from the highs recorded in April. Recruitment firms generally attributed higher staff placements to greater client demand, with vacancy growth strong overall. The availability of permanent staff meanwhile fell further in May, while salaries rose to the greatest extent in a year.

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