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Monday 19 March 2012

Scotland's labour market 'already improves in 2012'

The labour market conditions of Scotland received a boost throughout February, if the results of a new report are anything to go by.

In its latest Report on Jobs, the Bank of Scotland has seen that both permanent and temporary work in the country has witnessed a rise in the number of successful candidates.

Furthermore, the organisation has seen average permanent salaries recording a healthy rise, as well as permanent candidate availability increasing after four months of non-activity.

Donald MacRae, a chief economist at Bank of Scotland, said: "Scotland's labour market showed an important improvement in February … the deterioration evident from April last year appears to have been arrested at the beginning of this year."

The Bank of Scotland Labour Market Barometer, which gives a snapshot of Scotland's labour market conditions, also saw a rise from 50.4 in January to 52.4 last month.

Earlier this month, the latest Report on Jobs from KPMG and the Recruitment and Employment Confederation highlighted that permanent job placements had hit a nine-month high.

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Posted by Richard Esquilant

Hat Tip To: Salespeak News

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