Jobs growth continues in Midlands

January 9, 2015 9:59 am

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Permanent jobs in the Midlands continued to rise in December, according to new research from KPMG, although the rate of growth eased to a four-month low.

The latest ‘Report on Jobs: Midlands’ found that permanent places increased for the 29th consecutive month despite the rate easing from November. The South West reported the highest growth, followed by the Midlands.

But the Midlands reported the sharpest decline in the availability of permanent employees and the availability of temporary staff also fell for the 17th month running.

“A strong year for the Midlands jobs market finished with a flourish as the number of permanent roles increased, driven by the marked improvement in the local economy,” said Mike Stevenson, Midlands regional chairman at KPMG.

“The demand for new employees in the Midlands has risen quicker than anywhere else in the UK, but this is mirrored by a shrinking number of available candidates. What is good for those looking for a new role is that the shortage of skills in key areas has led to a rise in the starting salaries on offer, which could mean that 2015 is finally the year the candidate becomes king.”

Kevin Green, the chief executive of the Recruitment and Employment Confederation, which sponsors the survey alongside KPMG, added: “As we enter 2015 the jobs market continues its strong performance. Recruiters are helping an increasing number of businesses find new permanent employees, and skills shortages in most areas of the economy mean that competition for quality candidates is driving up starting salaries.

“Economic growth for 2015 looks sustainable, however, the concern now is that political uncertainty could spook the market as we approach a general election.”

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