Bank of Scotland

Permanent appointments rise at fastest rate in survey history

16 December 2013

  • Permanent and temporary staff placements increase markedly
  • Demand for staff rises at fastest rate for over six years
  • Edinburgh posts strongest rise in permanent appointments, while Glasgow sees fastest increase in temporary placements

The latest Bank of Scotland Report on Jobs signalled sharp increases in both permanent and temporary staff appointments in November. Moreover, the rates of growth accelerated, with the expansion for permanent placements in particular reaching a survey-high. Scottish recruiters largely linked this to greater demand, with vacancies rising at the fastest rates for over six years. Meanwhile, permanent salaries continued to rise strongly, albeit at the slowest pace since August.

At 63.2 in November, the Bank of Scotland Labour Market Barometer – a composite indicator designed to provide a single figure snapshot of labour market conditions – rose to its second-highest level since data collection began in January 2003. The Barometer was consistent with a sharp improvement in Scottish labour market conditions and one that was stronger than the UK average.

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