The data, compiled by analyst Markit, shows that there were faster rates of vacancy growth in both permanent and temporary labour markets in July, while permanent staff placements also increased at a sharper pace.
Donald MacRae, chief economist at Bank of Scotland, said that the jobs barometer reading of 55.0 was particularly impressive, when compared with the reading of 51.6 for the whole of the UK.
He elaborated: "There was a rise in the number of people placed into permanent work, bringing the current period of growth to ten months, while the rate of wage inflation remained solid, with the rate of vacancy growth rising to a three-month high."
Meanwhile, recent figures published in the Bank of Scotland Purchasing Managers Index showed that companies north of the border are reporting more orders and are also taking on more staff, including sales recruitment candidates, to cope with rising demand.
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Posted by Wayne Bly
Hat Tip To: Salespeak News
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