Scottish labour market conditions remained buoyant over the month of July, with employee appointments increasing, along with vacancy levels, according to the latest Bank of Scotland Labour Market Report. However, a lack of qualified candidates for some jobs restricted the rate of growth of staff placements.
The Bank of Scotland Labour Market Barometer was unchanged from Juneís 62.4, a level indicative of a strong rate of growth in the Scottish labour market and above the equivalent barometer for the wider UK economy.
Demand rose for all broad categories of permanent and temporary staff in July in Scotland with IT and Computing recording the strongest growth.
Commenting, Tim Crawford, Group Economist at Bank of Scotland, said: ìThe Scottish labour market has retained the strength seen in the first half of 2006 with job placements and also job vacancies rising in July. However, temp staff billings grew more quickly than permanent placements over the month as growing skill shortages amongst permanent candidates saw some firms take on short-term staff to fill vacancies. Wages continued to rise in July as employers rewarded qualified candidates.î
To view the full report, please click here
Widening skill shortages hit growth of staff placements
Scottish labour market conditions remained buoyant over the month of July, with employee appointments increasing, along with vacancy levels
