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Increase in permanent job placements still on the rise

Filed under: Cyber Security — Jonathan on July 20, 2012

The number of those being placed in permanent jobs increased for the sixth month in a row last month – but growth was at its weakest since the beginning of the year. Signalling that the increase is on the wane, those seeking vacancies, especially in the IT sector, where demand was highest, should secure cyber security jobs and other vacancies while placements remain on the rise.

The Bank of Scotland Report on Jobs revealed that over one third of recruitment consultants who took the survey reported a rise in permanent placements in June, and yet 28 per cent saw a decline.

However, the rise was at its lowest rate since January, according to the report. It also revealed that temporary billings decreased in June for just the first time this year.

Demand for temporary and permanent staff was highest in the computing and IT sector, with hotel and catering as well as clerical and secretarial positions also seeing high demand.

Bank of Scotland Chief Economist, Donald MacRae, said:

“The Report on Jobs for June showed vacancies continuing to rise and an increase in the numbers of people appointed to permanent jobs. However the rate of growth slowed, showing a weakening in labour market conditions. The Scottish economy is struggling to maintain growth momentum in the face of the global slowdown.”

The bank’s barometer for the labour market, which is an indicator designed to reveal a snapshot of labour market conditions, signalled more improvement in job market conditions in Scotland. However, the barometer also showed that there was merely a modest improvement over the month.

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