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Monday, 18 June 2012

Scottish jobs market continues to improve

There was a further improvement to the Scottish labour market in May, according to the latest Bank of Scotland Report on Jobs.

The data shows that both permanent and temporary placements rose strongly over the month, but at sharply reduced rates from the highs recorded in April.

Recruitment firms in general attributed higher staff placements to greater client demand, with vacancy growth strong overall.

Meanwhile, salaries rose to the greatest extent in a year, with the Bank of Scotland Labour Market Barometer – which provides a single-figure snapshot of labour market conditions – posted 54.8 in May, with anything above 50 indicating positive growth.

Donald MacRae, chief economist at Bank of Scotland, said it was good to see that the Scottish labour market continued to improve in May.

"The number of people appointed to jobs rose while the number of vacancies for both temporary and permanent jobs increased sharply indicating demand for staff from employers. The Scottish labour market is showing resilience in the face of the global slowdown of 2012," he added.

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Posted by John Oak and Wayne BlyADNFCR-1617-ID-801387137-ADNFCR

Source: The Sales Director News

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