After a wobbly patch earlier in the year, today’s data shows a labour market which seems to be in rude health.
Employment has risen solidly due, in the main, to a rise in the number of job opportunities offered by businesses. Positively, the growth in employment benefited both men and women.
The increase in employment was accompanied by a fall in unemployment. Encouragingly, unemployment fell amongst people who had been looking for work for only a short space of time, but also amongst people who were further away from the labour market e.g. the long-term unemployed.
Pertemps Network Group (PNG) has placed 11th on the Sunday Times Grant Thornton Top Track 250, its highest ever ranking.
It has leapfrogged a remarkable 24 places from last year’s position at 35, in the table that rates the biggest companies on their sales.
The first ever Global Power 100 Women in Staffing list features two Pertemps luminaries.
The inaugural list is compiled by Staffing Industry Analysts and fixes its attention firmly on female ‘game changers’ from the world of recruitment.
Pertemps have been nominated as a finalist in the Best Service Award category of the Government Opportunities (GO) Excellence in Public Procurement Awards Scotland 2015/16.
Organisers say the competition for this year’s awards has been extremely high, with the awards receiving their largest number of entries ever. The winners will be announced at a ceremony on Tuesday 6th October 2015 at the Marriott Hotel in Glasgow.
Today’s labour market data painted a poorer picture than we have seen in the recent past. The number of people in employment fell while at the same time the number of
people out of work and looking for work rose.
Although this is clearly disappointing, it is unlikely to signal the start of a significant deterioration in employment prospects given the strength of economic activity. Instead, it is more likely that the rate of improvement in the jobs market is levelling off following a period of solid jobs growth as the economy has continued to recover from the downturn.
For those in work, the picture was also slightly less rosy. Underlying growth in base pay in the private sector slowed slightly. At the same time, the rate of growth in bonus payments slowed significantly. This meant that the pace of total pay growth also fell.