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The UK job market showed signs of improvement in August, the latest Report on Jobs showed Wednesday. Both permanent and temporary staff appointments increased marginally in August, with permanent staff appointments showing the first rise in seventeen months.
Bernard Brown, Partner and Head of Business Services at KPMG said, "... it is too early to speculate whether this signals the end of the recession. One important factor to watch over the coming months will be how the public sector is coping with the financial and economic crisis."
The Report on Jobs is a monthly publication produced by Markit Economics on behalf of the Recruitment & Employment Confederation and KPMG.
The rate of contraction of demand for staff eased in August, while recruitment consultants reported another month of falling pay rates. But, the latest declines in both permanent salaries and temporary staff hourly wages were the slowest in ten months.
Staff availability continued to rise strongly in August. However, the rates of increase in both permanent and temporary staff availability eased to the weakest for a year.
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