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Monday 21 May 2012

Job placements rise rapidly in Scotland

There has been another strong increase in the number of people moving into jobs in Scotland, according to the latest report.

The latest Bank of Scotland Report on Jobs shows a strong improvement in labour market conditions last month, with both permanent and temporary staff placements rising at the fastest pace since April 2011 and January 2011, respectively.

According to the study, recruitment agencies cited greater client demand, while vacancy growth also hit new highs and average pay rates increased at a modest pace.

The Bank of Scotland Labour Market Barometer, which is a composite indicator designed to provide a single figure snapshot of labour market conditions, stood at 55.8, up from 54.6 in March.

Donald MacRae, chief economist at Bank of Scotland, said it was a welcome sight for April's barometer to show the strongest improvement in the Scottish jobs market for eleven months.

"This reinforces hopes that the slowdown in the Scottish economy experienced at the end of last year has not extended into 2012 and that we may yet see modest growth for the remainder of the year," he added.

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Posted by John Oak and Wayne BlyADNFCR-1617-ID-801367775-ADNFCR

Source: The Sales Director News

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