The latest ONS figures have been released today, we take a look at how this will impact the hiring market
London, 17 October 2012 – Today the Office for National Statistics released its monthly labour market report. Some of the highlights include:
- Employment has risen 212,000 from June to August 2012, up 0.5% from the three preceding months
- The unemployment rate decreased 0.2% to 7.9%
- Total pay (including bonuses) rose by 1.7% over one year earlier; regular pay (excluding bonuses) rose by 2.0%
“Our clients still report a shortage of the most in-demand and commercially-minded professionals as most vacancies are for roles that will support revenue-generation and business strategy. The financial services sector is simultaneously charged with managing expanding regulation, minimising risk and ensuring compliance requirements are met while accountancy departments are also managing controls and financial reporting. Balancing these activities along with revenue generation is challenging, especially as companies aim to also manage head count costs with salaries rising for the most in-demand professionals in these niche areas.”
About Robert Half
Robert Half is the world’s first and largest specialised recruitment consultancy and member of the S&P 500 and #1 in our industry on FORTUNE® magazine’s “World's Most Admired Companies” list (2016). Founded in 1948, the company has over 325 offices worldwide providing temporary, interim and permanent recruitment solutions for accounting and finance, financial services, technology, and administrative professionals. Robert Half offers workplace and job seeker resources at roberthalf.co.uk and twitter.com/roberthalfuk.