Professional Hiring Up 20% Despite Slowdown in Economic Growth

Professional recruitment firms now have 20% more vacancies on their books than this time last year according to new survey data from the Association of Professional Staffing Companies (APSCo). This annual increase has been recorded despite reports that UK economic growth slowed to 0.3% in the three months to March 2015. APSCo’s data coincides with the latest ONS figures which show that the number of people in work has increased by 248,000 in the three months to February, driving UK employment to a record-high of 31.05 million.

Engineering steams ahead as sector is hailed as key driver for growth

The latest data from APSCo reveals that year-on-year growth in the professional staffing market continues to climb across all of the trade association’s core sector groups. Permanent vacancies across finance & accounting, IT, engineering and media & marketing are all up year-on-year (13%, 20%, 20% and 7% respectively).

SOURCE: onrec.com

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