Permanent staff appointments rise at record pace in May 2021...
Rapid increases in permanent placements
Vacancy growth hits highest since January 1998...
**Data collected May 12-24th 2021
The past month has brought about easing of restrictions, reopening of certain sectors and a hint of normality that many have been craving. Riada has experienced a real increase in the rate of hiring by companies across Northern Ireland.. According to the latest report by KPMG and REC UK, permanent vacancies rose at a record pace in May 2021, the fastest for over 23 years...while vacancies for temporary workers also grew substantially. This rise in permanent staff appointments are in part due to improved market confidence amid a further reopening of the UK economy.
Signs that the economy is recovering quickly can also be seen in the KPMG and Recruitment & Employment Confederation index which puts permanent placements to 67.4, well above the 50 mark that indicates a majority of businesses reporting an increase in permanent hires compared with the previous month.
The latest data emphasises that the jobs market has a lot to offer in terms of long term employment. Particular demand is being led by IT & Technology, Accountancy and Finance and the Hospitality industries.
Are you looking for your new, permanent job? Get in touch with our team today.