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Economic Development

First increase in job placements at Northern companies since February, KPMG and REC report shows

A mixed picture as both permanent placements and candidate numbers see a marked increase

Permanent placements across the North picked up in September. Pictured is the Oxford Road Corridor in Manchester(Image: High Level Photography Ltd)

The North saw the first increase in permanent job placements in September for seven months, a new KPMG and REC report has shown.

Placements rose for the first time in seven months, with recruitment firms saying companies were more prepared to hire following the reopening of the economy after the effects of the Covid pandemic.

September's data also pointed to a third successive monthly increase in temp billings in the North of England - and reached its fastest rate of acceleration since October 2018.

The report, compiled by IHS Markit, is based on information obtained from 100 recruitment and employment consultancies across the entire North of England.

However it also revealed a "substantial" rise in availability at the end of the third quarter, with redundancies the "principal" factor leading to higher candidate numbers.

Euan West, office senior partner for KPMG in Leeds, said: “While it’s encouraging to see recovery in hiring activity, with growth in permanent staff appointments for the first time in seven months, it’s concerning to see another rapid rise in candidate availability.

“With increasing unease over what will happen in the coming months with the pandemic, Brexit and with the end of the furlough scheme in sight, the uncertainty for 海角视频 business is not going to dissipate anytime soon.

“The Government has got challenging times ahead to continue to offer adequate support to business, opportunities for jobs seekers to upskill while helping instil confidence in the workforce of the region.”