The Scottish labour market strengthened in September, as firm demand for staff underpinned a rise in both permanent and temporary staff appointments, according to the latest Bank of Scotland Labour Market Report. Growth in the Scottish labour market is now significantly faster than the UK average.
Recruitment consultancies reported that the number of people they placed in permanent jobs rose at the fastest pace for eleven months in September. Panellists linked heightened growth of placements to rising business activity at client firms and fewer instances of candidate shortages. Temporary staff billings also rose at a strong rate, well above the UK average.
Wages and salaries continued to rise in September, driven by strong demand for staff. Meanwhile, the availability of staff was reported to have fallen slightly from the previous month.
IT & Computing employees were the most sought-after category of permanent staff, while Engineering & Construction workers saw the strongest demand for temporary workers.
The report’s unique ’Barometer’ signalled an improvement in Scottish job market conditions for the twenty-sixth successive month in September. The Barometer rose from August’s 57.3, to 58.2, to indicate a strong rate of labour market improvement that was again above the UK average.
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Scottish labour market retains momentum
The Scottish labour market strengthened in September, as firm demand for staff underpinned a rise in both permanent and temporary staff appointments
