APSCo Responds To ONS Latest Employment Numbers
APSCo responds to the latest ONS employment figures
According to the Office for National Statistics (ONS), employment levels dipped by 63,000 in the three months to June, representing an employment rate of 73.4% and the second consecutive quarterly fall.
However, in comparison to the same period last year, there are 354,000 more people in work – with 352,000 more people in full time roles. Average pay including bonuses was also up by 2.3% on an annual basis.
Professional hiring up 12% as income tax receipts reach record high
• Permanent vacancies increase 12% year-on-year
• Finance & accounting sectors thriving
• Contract vacancies rise by 1% year-on-year
• Average salaries climb, increasing by 2.9%
Professional recruitment firms now have 12% more vacancies on their books than this time last year according to new survey data from the Association of Professional Staffing Companies (APSCo). This is despite the latest data from the Office for National Statistics (ONS), revealing that overall employment levels dipped by 67,000 in the three months to May 2015.
Employment rates up compared to previous quarter
Comparing February to April 2015 with the 3 months to January 2015, the number of people in employment increased by 114,000 (to reach 31.05 million), the number of unemployed people fell by 43,000 (to reach 1.81 million) and the number of people not in the labour force (economically inactive) aged from 16 to 64 fell by 10,000 (to reach 9.02 million).
REC Responds to The Queens Speech
Only a week in power and the new Conservative government has already announced a raft of measures that have the potential to transform the UK jobs market. Recruiters should keep an eye on the following which are likely to be included in the Queen’s Speech on May 27th
APSCo Responds to The Queens Speech
The Government’s Enterprise Bill, unveiled in yesterday’s Queens Speech, has been welcomed by the Association of Professional Staffing Companies. The bill will include measures to reduce regulation on small businesses in a bid to boost job creation. It will seek to cut red tape for British business by at least £10bn and, for the first time, require independent regulators such as Ofcom, the Financial Conduct Authority and Ofgem to contribute to that target.