The latest Report on Jobs from consultancy Deloitte and the Recruitment and Employment Confederation (REC) shows that the UK labour market continued to grow despite a slowdown in the rate of growth.
Gains were recorded in employee placements, demand for staff and average pay.
And candidate supply shortages were reported to be less widespread than the previous month, largely due to greater numbers of migrant workers entering the labour market.
Ashley Unwin, consulting partner at Deloitte said: “Cooling demand for staff across sectors has eased pressure on pay, with average increases now at 4.1%. However, the impact of the Olympic win can already be seen in some areas, with growth in the construction and service sectors already apparent.”
Marcia Roberts, deputy chief executive of the REC said: “The widespread skills shortage of previous months is less evident as larger numbers of migrant workers and seasonal workers enter the jobs market and are placed by recruiters.
“Although growth in demand for both permanent and temporary workers continues to level out, we must not lose sight of the fact that there has now been continuous growth for more than two years. Even with the continued decline in manufacturing, the UK labour market remains in good health.”
