Recruitment and Employment Confederation and KPMG Report on Jobs reveals rise in hiring

The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs has shown that permanent placings rose in December.

The measures for the report are as follows: “Unless indicated, any reading above 50 signals an increase or growth on the previous month. Anything below 50 indicates a decrease or contraction. The greater the divergence from 50, the greater the rate of change.”

For example, permanent placings rose (55.5), but not as sharply as the previous month (57.1) which was a seven-month high.

Temporary and contract billings increased at a slower pace during the same period (56.2, compared to 57.4). Permanent and temporary candidate availability has declined (35.1 and 37.2 compared to 33.3 and 35.5 respectively last month), but the rate of this decent has alleviated.