Employers are becoming more cautious about taking on new staff according to a recent survey.
A report by the Recruitment and Employment Confederation (REC) and KPMG showed a modest rise in permanent placements in May but at the slowest growth rate of the last five months.
Compiled with data from 400 UK recruitment and employment consultancies, the report did, however, paint a very different picture for temporary staff recruitment pointing to a surge in hiring in certain sectors such as financial services.
Carmen Watson, managing director of the UK’s biggest temporary recruitment company, said: “As the economy continues to slow down, demand for temporary workers is rising, especially in certain sectors such as financial services, energy and logistics.
“More and more companies are using temporary staff to help them expand their bandwidth to cater for surges in workload without being saddled with unwanted overheads in fragile economic conditions.”
She added that some sectors such as technology and logistics were on a more permanent growth path
“It is entirely possible that many of the temporary staff taken on will become permanent positions.
Adding that job-hunters could still broaden their horizons, she added: “We strongly urge candidates in South Yorkshire to be as flexible as possible when applying for jobs.”