June 2024 job market report

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</header>   <main class="main papabear:flex papabear:w-content-max-w papabear:mx-auto papabear:pt-desktop-content-top-margin mamabear:pt-desktop-content-top-margin " id="main-content" role="main"> <section class="core-rail mx-auto papabear:w-core-rail-width mamabear:max-w-[790px] babybear:max-w-[790px]"> <div class="details mx-details-container-padding">  <code id="isGuest" style="display: none"></code> <code id="memberUrn" style="display: none"></code> <code id="isNbaRecommendedArticlesDeeplinkEnabled" style="display: none"></code> <code id="isDynamicTextareaEnabled" style="display: none"></code> <article class="article-main relative flex-grow pulse">  <figure class="cover-img">  <div class="cover-img__image-frame relative w-full overflow-hidden pb-[calc((134/782)*100%)]"> <div class="cover-img__image-position absolute top-0 right-0 bottom-0 left-0 "> <img class="cover-img__image relative w-full h-full object-cover" src="https://media.licdn.com/dms/image/v2/D4E12AQHP6kL57TqBxQ/article-cover_image-shrink_600_2000/article-cover_image-shrink_600_2000/0/1721178727905?e=2147483647&v=beta&t=xrrJeTY8Cgmq5E7MeWCkyv4vlxgo6rqNAgtwiqtEaFs" fetchpriority="high" data-embed-id="cover-image" alt="June 2024 job market report"> </div> </div>  </figure> <header> <section class="core-section-container relative my-3"> <h1 class="pulse-title text-display-md text-color-text lg:text-display-lg font-bold w-11/12">June 2024 job market report</h1> <div class="ellipsis-menu absolute right-0 top-0"> <div class="collapsible-dropdown flex items-center relative hyphens-auto"> <button class="ellipsis-menu__trigger collapsible-dropdown__button btn-md btn-tertiary cursor-pointer !py-[6px] !px-1 flex items-center rounded-[50%] " aria-expanded="false" aria-label="Open menu" data-tracking-control-name="article-ssr-frontend-pulse_ellipsis-menu-trigger" tabindex="0"> <icon class="ellipsis-menu__trigger-icon m-0 p-0 centered-icon" 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href="https://uk.linkedin.com/in/chrissale" data-tracking-control-name="article-ssr-frontend-pulse_publisher-author-card" data-tracking-will-navigate> <span class="sr-only"> Chris Sale </span> </a> <img class="inline-block relative rounded-[50%] w-6 h-6 " data-delayed-url="https://media.licdn.com/dms/image/v2/D4E03AQG-3ArDJXn0Hg/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1685114086573?e=2147483647&v=beta&t=8Po2OvpkcKZ1a9prrqPcdoRmf9X8VnwduRzFCj5-Oes" data-ghost-classes="bg-color-entity-ghost-background" data-ghost-url="https://static.licdn.com/aero-v1/sc/h/9c8pery4andzj6ohjkjp54ma2" alt="Chris Sale"> <div class="base-main-card__info self-center ml-1 flex-1 relative break-words papabear:min-w-0 mamabear:min-w-0 babybear:w-full ">  <h3 class="base-main-card__title font-sans text-[18px] font-bold text-color-text overflow-hidden "> Chris Sale </h3> <h4 class="base-main-card__subtitle body-text text-color-text overflow-hidden "> Executive Recruitment: management consulting recruitment expertise, consistent results, integrity. </h4>  <div class="body-text text-color-text-low-emphasis base-main-card__metadata"> Published Jun 12, 2024 </div>  </div> <div class="base-main-card__ctas z-[3] self-center ml-3 babybear:ml-1 babybear:self-start"> <a class="base-main-card__cta btn-sm btn-secondary" href="https://www.linkedin.com/signup/cold-join?session_redirect=%2Fpulse%2Fjune-2024-job-market-report-chris-sale-9akbe&trk=article-ssr-frontend-pulse_publisher-author-card" data-tracking-control-name="article-ssr-frontend-pulse_publisher-author-card" data-tracking-will-navigate> + Follow </a> </div> </div> </div> </section> </header> <div data-test-id="article-content-blocks">  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">“What’s the UK job market like?”</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The June 2024 KPMG & REC UK Report on Jobs is now out. </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">“Fall in permanent hiring the softest in over a year”</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The latest KPMG & REC UK REPORT ON JOBS has been published featuring survey results from mid-late May 2024.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The </span><span class="font-[700]"><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fprismrecruitment%2Eco%2Euk%2Fwp-content%2Fuploads%2F2024%2F06%2FUK-All-report-on-jobs-June-24%2Epdf&urlhash=82m_&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>full report is posted here. </a></span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Jon Holt, Chief Executive and Senior Partner of KPMG in the UK commented: “unemployment is historically low …. taken together with …expected interest rate cuts, inflation easing and increased consumer confidence over the summer, we will hopefully move towards a better economic outlook for the second half of 2024”</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Neil Carberry, REC Chief Executive, said:</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>“unemployment is historically low …. taken together with …expected interest rate cuts, inflation easing and increased consumer confidence over the summer, we will hopefully move towards a better economic outlook for the second half of 2024”</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <br> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Key findings are:</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>· </span><span class="font-[700]">May sees weaker decline in placements</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>· </span><span class="font-[700]">Further uplift in pay rates</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>· </span><span class="font-[700]">Staff vacancies down only slightly</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>· </span><span class="font-[700]">Staff availability rises to greatest degree since end of 2020</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>· </span><span class="font-[700]">Seven out of ten sectors experienced a drop in permanent vacancies</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>· </span><span class="font-[700]">The sharpest fall in demand was recorded in the Retail category, followed by Secretarial/Clerical and IT & Computing</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <h3><span class>Appointments</span></h3> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Modest reduction in permanent placements in May</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]"> </span> </p> </div>  <div class="flex flex-col mt-2" data-test-id="publishing-image-block" rel="ugc"> <figure> <img class="lazy-load block w-full" data-delayed-url="https://media.licdn.com/dms/image/v2/D4E12AQE1rvOY6jsLJg/article-inline_image-shrink_400_744/article-inline_image-shrink_400_744/0/1721182124166?e=2147483647&v=beta&t=T91G_PAO-6jp0YWmFJXDKwifQmFjlJSMP5hTL8WOyb4">  </figure> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Permanent placements made by UK recruitment consultants declined again in May, continuing the downward trend that started in October 2022. However, the rate of decline was modest and the slowest in over a year, as indicated by the seasonally adjusted Permanent Placements Index reaching a 14-month high in May.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Survey respondents reported fewer job openings due to a lack of available roles. Additionally, there were signs of delayed hiring decisions. Some panellists also mentioned a shortage of suitable candidates for the positions available.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>There was a significant decrease in permanent placements in the South of England, but the Midlands experienced a slight return to growth.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <h3><span class>Vacancies</span></h3> </div>  <div class="flex flex-col mt-2" data-test-id="publishing-image-block" rel="ugc"> <figure> <img class="lazy-load block w-full" data-delayed-url="https://media.licdn.com/dms/image/v2/D4E12AQGAGip0pdhhdQ/article-inline_image-shrink_1000_1488/article-inline_image-shrink_1000_1488/0/1721196728235?e=2147483647&v=beta&t=K3fb-q2ETsmAjix055Uj8TgzKp4QEBHZeJtk1yRacQA">  </figure> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Slight Fall in Demand for Staff</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The seasonally adjusted Total Vacancies Index remained below the crucial 50.0 no-change mark in May, indicating a fall in overall demand for staff for the seventh consecutive month. However, with the index rising to 49.7 from 48.3 in April, the rate of contraction was minimal and the slowest in this sequence.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Permanent & Temporary Vacancies</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Recent data showed that permanent staff vacancies continued to decline in May, extending the current downturn to nine months. Nonetheless, the rate of contraction was minimal, the weakest recorded by the survey since last October. Meanwhile, demand for temporary workers remained unchanged in May after a three-month period of declining temp vacancies.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Public & Private Sector Vacancies</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>In May, there were concurrent increases in private sector vacancies for both permanent and temporary workers. The growth rate for permanent staff was solid and the strongest in a year, contrasting with only a marginal rise for temp workers. In the public sector, demand continued to fall for both permanent and temporary staff. The steeper contraction was seen in permanent positions, while the reduction for temporary staff was minimal and the weakest in the current three-month sequence of declining vacancies.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Of the ten broad sectors covered by the survey, only three recorded growth. The strongest increase was observed in Engineering, followed by Blue Collar. In contrast, the steepest declines in demand for permanent workers were noted in the Retail and Secretarial/Clerical sectors.</span> </p> </div>  <div class="flex flex-col mt-2" data-test-id="publishing-image-block" rel="ugc"> <figure> <img class="lazy-load block w-full" data-delayed-url="https://media.licdn.com/dms/image/v2/D4E12AQFrQkJFZKmYYA/article-inline_image-shrink_1000_1488/article-inline_image-shrink_1000_1488/0/1721179157710?e=2147483647&v=beta&t=QO8zzBHBYdgy9-F96jtk_sOpGRivVqlbtFcWkglMpjI">  </figure> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The most recent data from the </span><span class><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Eons%2Egov%2Euk%2Femploymentandlabourmarket%2Fpeopleinwork%2Femploymentandemployeetypes%2Fbulletins%2Fjobsandvacanciesintheuk%2Fmay2024&urlhash=ew8a&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>Office for National Statistics (ONS)</a></span><span class> show a reduction in the number of vacancies during the three months leading up to April 2024. The official statistics reveal a decrease of 26,000 vacancies compared to the period ending in January, bringing the total down to 898,000.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Despite being 190,000 fewer than the same period last year, the number of vacancies remains considerably higher than the pre-pandemic figure of 796,000 from March 2020.</span> </p> </div>  <div class="flex flex-col mt-2" data-test-id="publishing-image-block" rel="ugc"> <figure> <img class="lazy-load block w-full" data-delayed-url="https://media.licdn.com/dms/image/v2/D4E12AQGzxwQ1KaGEwQ/article-inline_image-shrink_1000_1488/article-inline_image-shrink_1000_1488/0/1721179990167?e=2147483647&v=beta&t=ftXBrCooN_UF_liW_hxLdSDJkXztsYMnUE1EbV7rGls">  </figure> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]"> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <h3><span class>Staff availability</span></h3> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Candidate supply rises to strongest degree since end of 2020</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]"> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The availability of staff rose sharply in May, marking the fifteenth consecutive month of increase. The rate of growth was the fastest recorded by the survey since December 2020. This was indicated by the seasonally adjusted Total Staff Availability Index, which increased to 62.2 in May, up from 60.4 in April.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Permanent staff availability continued to improve in May, marking the fifteenth consecutive month of growth. Moreover, the rate of growth was the highest since the end of 2020. Panellists attributed the latest rise in candidate availability to a mix of redundancies, reduced demand, and fewer vacancies.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>By English region, the strongest increases in permanent staff availability were observed in the South and North. The slowest increase was in London, but even here, the rate of growth remained substantial.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <h3><span class>Pay pressures</span></h3> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Marked increase in starting salaries during May</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>May’s survey indicated another rise in permanent starting salaries, marking the thirty-ninth consecutive monthly increase. The degree of this rise remained significant and was similar to April’s four-month peak. Panellists mentioned that salary increases were driven by broader inflationary pressures and the high cost of living. Additionally, some panellists noted that April’s national minimum wage hike contributed to the salary increases.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Regionally, the North of England saw the most substantial rise in permanent salaries, while the South experienced the slowest growth.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Eons%2Egov%2Euk%2Femploymentandlabourmarket%2Fpeopleinwork%2Femploymentandemployeetypes%2Fbulletins%2Faverageweeklyearningsingreatbritain%2Fmay2024&urlhash=McrK&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>The Office for National Statistics (ONS)</a></span><span class> has reported ongoing growth in overall economy earnings for the three months leading up to March. The latest figures show that earnings increased by 5.7% year-on-year, consistent with the previous period.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Public sector underlying earnings growth reached 6.2% in the three months to March, marking the highest rate since last November. In the private sector, earnings also continued to rise, albeit at a slower annual rate of 5.9% compared to the public sector.</span> </p> </div>  <div class="flex flex-col mt-2" data-test-id="publishing-image-block" rel="ugc"> <figure> <img class="lazy-load block w-full" data-delayed-url="https://media.licdn.com/dms/image/v2/D4E12AQEd6X7VMEebWw/article-inline_image-shrink_1000_1488/article-inline_image-shrink_1000_1488/0/1721188157867?e=2147483647&v=beta&t=dnn5dZ1fICv2IbAKlDwqI_WlTVI46qgvSjA83uF1yG8">  </figure> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <h3><span class>London job market</span></h3> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>KPMG and REC also produce a </span><span class><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fprismrecruitment%2Eco%2Euk%2Fwp-content%2Fuploads%2F2024%2F06%2FGB-London_Jobs_June_2406%2Epdf&urlhash=R-3B&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>London job market analysis.</a></span> </p> </div> <div class="inline-articles bg-color-surface-new border-hidden rounded-sm p-1 mx-auto my-1.5 mamabear:w-2/3 inline-articles__after"> <h2 class="text-xl font-medium ml-1.5 my-1 text-color-text mamabear:text-center">Recommended by LinkedIn</h2> <div class="flex flex-wrap mx-0.5 babybear:mx-1.5"> <div class="content-author-card flex flex-col max-w-[270px] h-auto rounded-md border-1 border-system-gray-30 border-solid pb-1.5 inline-article mx-auto my-1 border-hidden papabear:w-[219px] babybear:min-w-full mamabear:min-w-full h-auto bg-color-canvas-tint"> <a class="no-underline" data-tracking-control-name="inline-recommended-articles" data-tracking-will-navigate href="https://www.linkedin.com/pulse/5-industries-most-job-openings-least-competition-six-figure-alto-mcaxc"> <img class="content-image w-full h-[150px] bg-cover rounded-t-md object-cover" data-delayed-url="https://media.licdn.com/dms/image/v2/D5612AQHILMHVrJ5JhQ/article-cover_image-shrink_720_1280/article-cover_image-shrink_720_1280/0/1722357577917?e=2147483647&v=beta&t=a1gPP6CtjCvgoNxX6Yp0CUgT47yJtzHiSIYloYFhWrU"> <div class="inline-article-title text-md text-color-text font-bold pl-2 pt-1 pr-1.5">5 Industries with The Most Job Openings, Least…</div> <div class="inline-article-meta px-2 mt-1 font-sans text-xs font-normal text-color-text-low-emphasis h-full"> <span class="inline-article-author pt-0.5"> David Alto </span> <span class="before:middot pt-0.5 inline-article-published-date"> 5 months ago </span> </div> </a>  </div> <div class="content-author-card flex flex-col max-w-[270px] h-auto rounded-md border-1 border-system-gray-30 border-solid pb-1.5 inline-article mx-auto my-1 border-hidden papabear:w-[219px] babybear:min-w-full mamabear:min-w-full h-auto bg-color-canvas-tint"> <a class="no-underline" data-tracking-control-name="inline-recommended-articles" data-tracking-will-navigate href="https://www.linkedin.com/pulse/recruiters-we-ignoring-real-trends-junes-jobs-report-ere-media-inc-fuekc"> <img class="content-image w-full h-[150px] bg-cover rounded-t-md object-cover" data-delayed-url="https://media.licdn.com/dms/image/v2/D5612AQG30aP3EBly3g/article-cover_image-shrink_720_1280/article-cover_image-shrink_720_1280/0/1720611992788?e=2147483647&v=beta&t=Ea9PBlvjE7i2P0YgaiElKE2q9H3723sXZ2Mdz8hOyPQ"> <div class="inline-article-title text-md text-color-text font-bold pl-2 pt-1 pr-1.5">Recruiters: Are We Ignoring the Real Trends in June's…</div> <div class="inline-article-meta px-2 mt-1 font-sans text-xs font-normal text-color-text-low-emphasis h-full"> <span class="inline-article-author pt-0.5"> ERE </span> <span class="before:middot pt-0.5 inline-article-published-date"> 7 months ago </span> </div> </a>  </div> <div class="content-author-card flex flex-col max-w-[270px] h-auto rounded-md border-1 border-system-gray-30 border-solid pb-1.5 inline-article mx-auto my-1 border-hidden papabear:w-[219px] babybear:min-w-full mamabear:min-w-full h-auto bg-color-canvas-tint"> <a class="no-underline" data-tracking-control-name="inline-recommended-articles" data-tracking-will-navigate href="https://www.linkedin.com/pulse/strengthening-job-market-january-2023-rose-international"> <img class="content-image w-full h-[150px] bg-cover rounded-t-md object-cover" data-delayed-url="https://media.licdn.com/dms/image/v2/D4D12AQF79DEJ-Py2Ww/article-cover_image-shrink_720_1280/article-cover_image-shrink_720_1280/0/1675948243714?e=2147483647&v=beta&t=WbUMMyr2F58g9vpj9E0UgahbITS0GJ1COPNNHFPKjsg"> <div class="inline-article-title text-md text-color-text font-bold pl-2 pt-1 pr-1.5">A Strengthening Job Market – January 2023</div> <div class="inline-article-meta px-2 mt-1 font-sans text-xs font-normal text-color-text-low-emphasis h-full"> <span class="inline-article-author pt-0.5"> Rose International </span> <span class="before:middot pt-0.5 inline-article-published-date"> 2 years ago </span> </div> </a>  </div> </div> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> </span><span class="font-[700]">Downturn in permanent placements eases in May</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> Permanent placements in London declined for the twentieth consecutive month in May. The latest downturn was attributed to reduced hiring activity due to political uncertainty and a subdued economic outlook. However, the rate of decrease moderated for the third consecutive month, reaching the weakest level in this period, amid reports of successful onboarding of hires and increased candidate availability.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Among the three monitored English regions that reported a reduction in permanent placements, London experienced the smallest decline.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Supply of permanent candidates expands rapidly</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>For the eighteenth consecutive month, recruiters in London noted an increase in the availability of permanent staff in May. Although the rate of expansion slowed compared to April, it remained rapid overall. This increase was frequently attributed to reports of redundancies.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Among the four monitored English regions, London experienced the smallest expansion in permanent labour supply</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Starting salary growth quickens to three-month high</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>May data indicated a sharp rise in salaries for new permanent joiners in London. Recruiters observed that many clients increased their offers to match the rising cost of living and to attract suitably skilled workers. Although there was an uptick from March's 37-month low, the seasonally adjusted index remained below the long-term average.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> The rate of inflation in London matched the overall rate observed across the UK.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]"> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <h3><span class>Regional comparison</span></h3> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> </span><span class="font-[700]">Staff Appointments</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The number of permanent staff appointments across the UK decreased again in May, marking the twentieth consecutive month of decline. However, the rate of contraction was the mildest in over a year and modest overall. Three of the four monitored English regions reported falling placements, with the South experiencing the steepest decline. Conversely, the Midlands saw a renewed increase in placements.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>At the national level, billings for temporary worker employment also fell, extending the current downturn to seven months. This sustained decrease was driven by further declines in London and the South of England. In contrast, the North experienced a return to growth, and the Midlands saw a sharper upturn.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Candidate Availability</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Permanent staff availability across the UK continued to rise in May, extending the current growth sequence to fifteen months. The increase was the most significant since the pandemic (December 2020). All monitored English regions, except London, recorded a faster increase in permanent staff supply in May.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>At the national level, temporary staff availability also rose sharply in May, although the pace of expansion slowed slightly from April's 40-month high. The Midlands and London saw slower increases in availability, while growth accelerated in the South and North of England.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]"> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Pay Pressures</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Continuing a trend since early 2021, May survey data showed ongoing salary growth at the UK level. Although starting salaries rose strongly, the rate of increase lost momentum in May and was notably subdued compared to recent trends. All four monitored English regions reported growth in permanent starting salaries, with the North of England seeing the fastest inflation.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Similarly, the rise in hourly pay rates for temporary staff was strong at the national level, although it eased from April's ten-month high. As with permanent salaries, the North of England recorded the fastest growth in temp rates, while the South of England experienced the slowest growth.</span> </p> </div>  <div class="flex flex-col mt-2" data-test-id="publishing-image-block" rel="ugc"> <figure> <img class="lazy-load block w-full" data-delayed-url="https://media.licdn.com/dms/image/v2/D4E12AQFn8b5AlrRQ1A/article-inline_image-shrink_1000_1488/article-inline_image-shrink_1000_1488/0/1721180812660?e=2147483647&v=beta&t=vArfHMZBVWvk0LAPIdYgLWIFlJSyh5PboaDAjpTKghk">  </figure> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]"> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <h3><span class>The Prism Executive Recruitment perspective: management consultancy recruitment</span></h3> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">Analysis of the Management Consulting Jobs Market Decline</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>There is little doubt that the management consulting jobs market has collapsed. The Big 4 and other large consultancies, including the typically confident strategy firms, have been actively announcing redundancies since mid-2023. Many smaller firms have either quietly been losing permanent staff or associates. Few consulting employers have stepped in to absorb the many individuals now out of work.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Very recently another headline stated “PwC asks for silence from departing staff in programme of UK job cuts” referring to another significant round of voluntary redundancies. </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="italic font-[700]">Reasons for the Downturn:</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>1. </span><span class="font-[700]">Overly Optimistic Hiring in 2022</span><span class>: Many firms hired aggressively, anticipating continued growth that did not materialise.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>2. </span><span class="font-[700]">Economic Sensitivity</span><span class>: The consultancy sector is highly sensitive to economic fluctuations; a minor economic downturn can lead to significant recruitment slowdowns.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>3. </span><span class="font-[700]">Cautious Expansion</span><span class>: Although many firms are performing adequately, the prevailing uncertainty has deterred them from expanding their headcount.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>4. </span><span class="font-[700]">Sector Growth Slowing</span><span class>: The latest </span><span class><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Esourceglobalresearch%2Ecom%2Fblog-post%2Fis-it-the-market-or-is-it-us&urlhash=pO2m&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>Source Research summary</a></span><span class> (April 9th) highlights the much slower growth in the sector, explaining some of the mixed signals in the market. </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="italic font-[700]">Positive Indicators:</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Despite the overall negative outlook in the latest REC/KPMG survey, there are some positive signs suggesting a potential recovery:</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>1. </span><span class="font-[700]"><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Eiod%2Ecom%2Fnews%2Fuk-economy%2Fiod-press-release-confidence-in-uk-economic-prospects-reaches-its-highest-level-for-three-years%2F&urlhash=aQmf&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>The Institute of Directors' economic confidence index</a></span><span class> rose to the highest since September 2021 and business leaders' investment intentions and headcount expectations also improved.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>2. </span><span class="font-[700]">Also </span><span class="font-[700]"><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Elloydsbank%2Ecom%2Fbusiness%2Fresource-centre%2Finsight%2Fbusiness-barometer%2Ehtml&urlhash=4BZ_&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>Lloyds Bank's latest business barometer index</a></span><span class> shows that confidence climbed to the highest since level since November 2015. Companies are growing increasingly optimistic about their trading prospects and over 50% plan to hire more workers. Staffing expectations are the highest since 2017.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>3. </span><span class><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Efsb%2Eorg%2Euk%2Fresources-page%2Frise-in-small-business-confidence-could-signal-end-of-recession-new-report-finds%2Ehtml&urlhash=mzlO&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>C</a></span><span class="font-[700]"><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Efsb%2Eorg%2Euk%2Fresources-page%2Frise-in-small-business-confidence-could-signal-end-of-recession-new-report-finds%2Ehtml&urlhash=mzlO&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>onfidence among small businesses</a></span><span class> climbed in the first three months of the year.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>4. </span><span class><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Ereed%2Eco%2Euk%2Frecruiter-advice%2Fwp-content%2Fuploads%2Fsites%2F7%2F2024%2F06%2FJob-Market-Review-May-2024%2Epdf%3Futm_medium%3Demail%26utm_source%3Dnwsltr%26utm_campaign%3Din_re_b2b_em_ad_nwsltr_ret_signin_june_newsletter_2024_Monday&urlhash=LeY9&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>In June 2024 Reed reported</a></span><span class> “197,642 jobs were posted on </span><span class><a href="https://www.linkedin.com/redir/redirect?url=http%3A%2F%2FReed%2Eco%2Euk&urlhash=_LmA&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>Reed.co.uk</a></span><span class> in May, up 34% compared to April.”</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>5. </span><span class="font-[700]">UK Exits Recession</span><span class>: In May, the UK exited recession, with figures showing the fastest growth since Q4 2021.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">6. Falling Inflation</span><span class>: The Bank of England expects inflation to fall "close" to its 2% target in the coming months.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <br> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <h3><span class>Other data and reports</span></h3> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The </span><span class="font-[700]">Institute for Employment Studies</span><span class> also published a key analysis in mid-May 2024 .</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Their </span><span class><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Eemployment-studies%2Eco%2Euk%2Fresource%2Flabour-market-statistics-may-2024&urlhash=Mjsq&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>briefing note</a></span><span class> sets out analysis of the ONS Labour Market Statistics.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Commenting on the figures is a pretty downbeat statement:</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>“Overall then, today’s figures are very disappointing and suggest an increasing polarisation between those in work – who are seeing decent wage growth and some improvements in working hours and security – and those out of work, whose numbers are growing particularly among older people, young people and those with poor health.”</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> </span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The REC’s </span><span class="font-[700]"><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Erec%2Euk%2Ecom%2Four-view%2Fresearch%2Flabour-market-tracker&urlhash=pnqZ&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>Labour Market Tracker</a></span><span class="font-[700]">,</span><span class> also updated in May, offers better news with a further rebound from the seasonal Christmas dip, albeit still down overall on the earlier part of 2023. </span> </p> </div>  <div class="flex flex-col mt-2" data-test-id="publishing-image-block" rel="ugc"> <figure> <img class="lazy-load block w-full" data-delayed-url="https://media.licdn.com/dms/image/v2/D4E12AQEeGbPUERvMyQ/article-inline_image-shrink_400_744/article-inline_image-shrink_400_744/0/1721191667812?e=2147483647&v=beta&t=i8d2VONnChgEl43OWZvJ-JdnS5XJ9T_yaMx62Mz94UQ">  </figure> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The most recent quarterly </span><span class="font-[700]"><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fprismrecruitment%2Eco%2Euk%2Fwp-content%2Fuploads%2F2024%2F05%2FMPG_GLOBAL_EN_MEOS_Report_2Q24%2Epdf&urlhash=8KUA&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>ManpowerGroup Employment Outlook Survey</a></span><span class> for Q2 2024 remains positive.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Employers in North America (31%) reported the strongest hiring intentions, followed by Asia-Pacific (27%), South and Central Americas (both at 19%) and Europe, the Middle East and Africa (each at 15%).</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>By country, the strongest hiring plans are reported in India 36%, U.S. 34%, China 32% and The Netherlands 32% with the weakest Romania -2% and Israel -1%.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="font-[700]">The UK was upper quartile, just, at 23%</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The IT industry had the brightest global hiring outlook at 34%, followed by Financials & Real Estate at 29%, and Healthcare and Life Sciences at 26%</span> </p> </div>  <div class="flex flex-col mt-2" data-test-id="publishing-image-block" rel="ugc"> <figure> <img class="lazy-load block w-full" data-delayed-url="https://media.licdn.com/dms/image/v2/D4E12AQG_Kgaw8r2dZA/article-inline_image-shrink_400_744/article-inline_image-shrink_400_744/0/1721188440253?e=2147483647&v=beta&t=h02tPp7cq36SBiwMWU7Zx0PazdRXHUGO6DMetcgU6_s">  </figure> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <h3><span class>Methodology</span></h3> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class> The KPMG and REC UK Report on Jobs is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 UK recruitment and employment consultancies.</span> </p> </div>  <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class="italic font-[700]">For more information on the job market, or to discuss your hiring or career plans please contact </span><span class="italic font-[700]"><a href="https://www.linkedin.com/in/chrissale/?trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>Chris Sale</a></span><span class="italic font-[700]">, Managing Director, </span><span class="italic font-[700]"><a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fprismrecruitment%2Eco%2Euk%2F&urlhash=GdJG&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>Prism Executive Recruitment </a></span><span class="italic font-[700]">via </span><span class="italic font-[700]"><a href="https://www.linkedin.com/redir/redirect?url=mailto%3Achris%2Esale%40prismrec%2Eco%2Euk&urlhash=WDkX&trk=article-ssr-frontend-pulse_little-text-block" target="_blank" data-tracking-control-name="article-ssr-frontend-pulse_little-text-block" data-tracking-will-navigate data-test-link>chris.sale@prismrec.co.uk</a></span> </p> </div>  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data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_likes-count_social-actions-comments" data-tracking-will-navigate class="flex items-center font-normal text-color-text-low-emphasis no-underline visited:text-color-text-low-emphasis before:middot my-1" data-test-id="social-actions__comments" data-id="social-actions__comments" data-num-comments="5" data-singular="%numComments% Comment" data-plural="%numComments% Comments" data-entity-urn="urn:li:ugcPost:7206335383624634368"> 5 Comments </a>  </div> </div> </div> <div class="comments__container"> <div class="comments">   <section class="comment flex grow-1 items-stretch leading-[16px] comment-with-action my-1.5"> <div> <a href="https://ma.linkedin.com/in/reda-abdourabbih-77354014b?trk=article-ssr-frontend-pulse_x-social-details_comments-action_comment_actor-image" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_comments-action_comment_actor-image" data-tracking-will-navigate> <img class="inline-block relative rounded-[50%] w-4 h-4 " data-delayed-url="https://media.licdn.com/dms/image/v2/D4E03AQGXnjxgGxBIww/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1695111464729?e=2147483647&v=beta&t=ZSmpr_tOjRJVXmTTAyJh0f-NqZEiSxDndTUSiQ2-BTw" data-ghost-classes="bg-color-entity-ghost-background" data-ghost-url="https://static.licdn.com/aero-v1/sc/h/9c8pery4andzj6ohjkjp54ma2" alt="Reda Abdourabbih, graphic"> </a> </div> <div class="w-full min-w-0"> <div class="comment__body ml-0.5 mb-1 pt-1 pr-1.5 pb-1 pl-1.5 rounded-[8px] rounded-tl-none relative"> <div class="comment__header flex flex-col"> <a class="text-sm link-styled no-underline leading-open comment__author truncate pr-6" href="https://ma.linkedin.com/in/reda-abdourabbih-77354014b?trk=article-ssr-frontend-pulse_x-social-details_comments-action_comment_actor-name" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_comments-action_comment_actor-name" data-tracking-will-navigate> Reda Abdourabbih </a> <p class="!text-xs text-color-text-low-emphasis leading-[1.33333] mb-0.5 truncate comment__author-headline">Financial Analyst - Asset Management</p> <span class="text-xs text-color-text-low-emphasis comment__duration-since absolute right-6 top-1 inline-block"> 6mo </span> <div class="ellipsis-menu absolute right-0 top-0 !mr-0.5 babybear:!-top-0.5" data-test-id="comment__ellipsis-menu" data-feed-action="show-comment-dropdown"> <div class="collapsible-dropdown flex items-center relative hyphens-auto"> <button class="ellipsis-menu__trigger collapsible-dropdown__button btn-md btn-tertiary cursor-pointer !py-[6px] !px-1 flex items-center rounded-[50%] ellipsis-menu__trigger--small w-[32px] h-[32px] babybear:rotate-90 mamabear:!h-4 mamabear:!min-h-[32px] papabear:!h-4 papabear:!min-h-[32px]" aria-expanded="false" aria-label="Open menu" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_comments-action_comment_ellipsis-menu-trigger" tabindex="0"> <icon class="ellipsis-menu__trigger-icon m-0 p-0 centered-icon" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/c26vw8uiog92lvrqov98hvbxr"></icon> </button> <ul class="collapsible-dropdown__list hidden container-raised absolute w-auto overflow-y-auto flex-col items-stretch z-1 bottom-auto top-[100%]" role="menu" tabindex="-1"> <li class="ellipsis-menu__item border-t-1 border-solid border-color-border-low-emphasis first-of-type:border-none flex"> <a href="/uas/login?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fpulse%2Fjune-2024-job-market-report-chris-sale-9akbe&trk=article-ssr-frontend-pulse_x-social-details_comments-action_comment_ellipsis-menu-semaphore-sign-in-redirect&guestReportContentType=COMMENT&_f=guest-reporting" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_comments-action_comment_ellipsis-menu-semaphore-sign-in-redirect" data-tracking-will-navigate data-item-type="semaphore" data-semaphore-content-type="COMMENT" data-semaphore-content-urn="urn:li:comment:(urn:li:ugcPost:7206335383624634368,7227241762367385600)" data-semaphore-tracking-prefix="article-ssr-frontend-pulse_x-social-details_comments-action_comment_ellipsis-menu-semaphore" data-is-logged-in="false" data-modal="semaphore__toggle" class="semaphore__toggle visited:text-color-text-secondary ellipsis-menu__semaphore ellipsis-menu__item-button flex items-center w-full p-1 cursor-pointer font-sans text-sm font-bold link-styled focus:link-styled link:no-underline active:bg-color-background-container-tint focus:bg-color-background-container-tint hover:bg-color-background-container-tint outline-offset-[-2px]">  <icon class="ellipsis-menu__item-icon text-color-text h-[24px] w-[24px] mr-1" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/iq0x9q37wj214o129ai1yjut"> </icon> Report this comment </a>  </li>  </ul>  </div> </div> </div> <div class="attributed-text-segment-list__container relative mt-1 mb-1.5 babybear:mt-0 babybear:mb-0.5"> <p class="attributed-text-segment-list__content text-color-text !text-sm whitespace-pre-wrap break-words comment__text babybear:mt-0.5" dir="ltr">Interesting <a class="link" href="https://uk.linkedin.com/in/chrissale?trk=article-ssr-frontend-pulse_x-social-details_comments-action_comment-text" target="_self" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_comments-action_comment-text" data-tracking-will-navigate>Chris Sale</a>! I am just wondering what is the meaning of the rate of contraction and how is it calculated for temp and perm? Thanks a lot</p>  </div>   </div> <div class="comment__actions flex flex-row flex-wrap items-center ml-2" aria-label="Comment Controls"> <a href="https://www.linkedin.com/signup/cold-join?session_redirect=%2Fpulse%2Fjune-2024-job-market-report-chris-sale-9akbe&trk=article-ssr-frontend-pulse_x-social-details_comments-action_comment_like" class="comment__action inline-block font-sans text-xs text-color-text-low-emphasis cursor-pointer" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_comments-action_comment_like" data-tracking-will-navigate> <div class="flex flex-row items-center "> <icon class="action-btn__icon w-2 mr-0.5" data-svg-class-name="action-btn__icon--svg" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/70k0g8kmgdfjjymflqqzipzxj"> </icon> <span class="action-btn__button-text inline-block align-baseline"> Like </span> </div> </a> <span class="before:middot font-sans text-s text-color-text-low-emphasis"></span> <a 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border-solid border-color-border-low-emphasis pl-1 mx-1 hidden"> 1 Reaction </span> </div> </div> </section>  <section class="comment flex grow-1 items-stretch leading-[16px] comment-with-action my-1.5"> <div> <a href="https://uk.linkedin.com/in/linogaxiola?trk=article-ssr-frontend-pulse_x-social-details_comments-action_comment_actor-image" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_comments-action_comment_actor-image" data-tracking-will-navigate> <img class="inline-block relative rounded-[50%] w-4 h-4 " data-delayed-url="https://media.licdn.com/dms/image/v2/D5603AQHSnzSswDFXuQ/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1696950394897?e=2147483647&v=beta&t=FHy6zo86ZnrnH98OWscCk-cciXdDGhKsYPdLjxbtK3E" data-ghost-classes="bg-color-entity-ghost-background" data-ghost-url="https://static.licdn.com/aero-v1/sc/h/9c8pery4andzj6ohjkjp54ma2" alt="Lino Gaxiola-Camacho, PhD, graphic"> </a> </div> <div class="w-full min-w-0"> <div class="comment__body ml-0.5 mb-1 pt-1 pr-1.5 pb-1 pl-1.5 rounded-[8px] rounded-tl-none relative"> <div class="comment__header flex flex-col"> <a class="text-sm link-styled no-underline leading-open comment__author truncate pr-6" href="https://uk.linkedin.com/in/linogaxiola?trk=article-ssr-frontend-pulse_x-social-details_comments-action_comment_actor-name" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_comments-action_comment_actor-name" data-tracking-will-navigate> Lino Gaxiola-Camacho, PhD </a> <p class="!text-xs text-color-text-low-emphasis leading-[1.33333] mb-0.5 truncate comment__author-headline">Data Analyst | Interested in Data, Healthcare and Technology</p> <span class="text-xs text-color-text-low-emphasis comment__duration-since absolute right-6 top-1 inline-block"> 8mo </span> <div class="ellipsis-menu absolute right-0 top-0 !mr-0.5 babybear:!-top-0.5" data-test-id="comment__ellipsis-menu" data-feed-action="show-comment-dropdown"> <div 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href="/uas/login?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fpulse%2Fjune-2024-job-market-report-chris-sale-9akbe&trk=article-ssr-frontend-pulse_x-social-details_comments-action_comment_ellipsis-menu-semaphore-sign-in-redirect&guestReportContentType=COMMENT&_f=guest-reporting" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_comments-action_comment_ellipsis-menu-semaphore-sign-in-redirect" data-tracking-will-navigate data-item-type="semaphore" data-semaphore-content-type="COMMENT" data-semaphore-content-urn="urn:li:comment:(urn:li:ugcPost:7206335383624634368,7206584951922700288)" data-semaphore-tracking-prefix="article-ssr-frontend-pulse_x-social-details_comments-action_comment_ellipsis-menu-semaphore" data-is-logged-in="false" data-modal="semaphore__toggle" class="semaphore__toggle visited:text-color-text-secondary ellipsis-menu__semaphore ellipsis-menu__item-button flex items-center w-full p-1 cursor-pointer font-sans text-sm font-bold link-styled focus:link-styled link:no-underline active:bg-color-background-container-tint focus:bg-color-background-container-tint hover:bg-color-background-container-tint outline-offset-[-2px]">  <icon class="ellipsis-menu__item-icon text-color-text h-[24px] w-[24px] mr-1" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/iq0x9q37wj214o129ai1yjut"> </icon> Report this comment </a>  </li>  </ul>  </div> </div> </div> <div class="attributed-text-segment-list__container relative mt-1 mb-1.5 babybear:mt-0 babybear:mb-0.5"> <p class="attributed-text-segment-list__content text-color-text !text-sm whitespace-pre-wrap break-words comment__text babybear:mt-0.5" dir="ltr">Interesting <a class="link" href="https://uk.linkedin.com/in/chrissale?trk=article-ssr-frontend-pulse_x-social-details_comments-action_comment-text" target="_self" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_comments-action_comment-text" data-tracking-will-navigate>Chris Sale</a>. I would have expect IT & Computing to do well. Instead, engineering is the field that is uprising. I wonder about the criteria for classification for those jobs, considering that there is a lot of overlapping between those two sectors for certain professions (e.g. Cloud engineering, Data Engineering, etc)</p>  </div>   </div> <div class="comment__actions flex flex-row flex-wrap items-center ml-2" aria-label="Comment Controls"> <a href="https://www.linkedin.com/signup/cold-join?session_redirect=%2Fpulse%2Fjune-2024-job-market-report-chris-sale-9akbe&trk=article-ssr-frontend-pulse_x-social-details_comments-action_comment_like" class="comment__action inline-block font-sans text-xs text-color-text-low-emphasis cursor-pointer" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_comments-action_comment_like" data-tracking-will-navigate> <div class="flex flex-row items-center "> <icon class="action-btn__icon w-2 mr-0.5" data-svg-class-name="action-btn__icon--svg" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/70k0g8kmgdfjjymflqqzipzxj"> </icon> <span 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href="https://www.linkedin.com/signup/cold-join?session_redirect=%2Fpulse%2Fjune-2024-job-market-report-chris-sale-9akbe&trk=article-ssr-frontend-pulse_x-social-details_feed-cta-banner-cta" target="" aria-label="To view or add a comment, sign in" data-tracking-control-name="article-ssr-frontend-pulse_x-social-details_feed-cta-banner-cta" data-tracking-will-navigate="true" class="feed-cta-banner__link link">sign in</a> </p> <section class="core-section-container my-3 stacked-articles">  <h2 class="core-section-container__title section-title"> More articles by Chris Sale </h2>  <div class="core-section-container__content break-words"> <div class="show-more-less">  <ul data-max-num-to-show="4" class="show-more-less__list show-more-less__list--hide-after-4" data-impression-id="article-ssr-frontend-pulse_show-more-less"> <li> <div class="base-card relative w-full hover:no-underline focus:no-underline base-card--link base-main-card flex flex-wrap py-2 pr-2 babybear:pr-0 base-main-card--link babybear:py-1 main-article-card"> <a class="base-card__full-link absolute top-0 right-0 bottom-0 left-0 p-0 z-[2]" href="https://www.linkedin.com/pulse/may-2024-job-market-report-chris-sale-frome" data-tracking-control-name="article-ssr-frontend-pulse" data-tracking-will-navigate> <span class="sr-only"> May 2024 job market report </span> </a> <div class="base-main-card__media relative w-[228px] block overflow-hidden flex-shrink-0 rounded-md h-[129px] babybear:w-[105px] babybear:h-[59px]"> <img class="h-full" data-delayed-url="https://media.licdn.com/dms/image/v2/D4E12AQGNfz4w5C13gg/article-cover_image-shrink_600_2000/article-cover_image-shrink_600_2000/0/1715758686161?e=2147483647&v=beta&t=Lka7Q8NzLyZZ4-oaXfUYcE5q7DDCY6ZRq0M6wD69A0s" alt>  </div> <div class="base-main-card__info self-center ml-1 flex-1 relative break-words papabear:min-w-0 mamabear:min-w-0 babybear:w-full article-card-social-actions"> <div class="body-text text-color-text-low-emphasis base-main-card__metadata mb-0 babybear:mb-0 babybear:-mt-0.5"> <span class="body-text text-color-text-low-emphasis base-main-card__metadata-item babybear:text-xs">May 16, 2024</span>  </div> <h3 class="base-main-card__title font-sans text-[18px] font-bold text-color-text overflow-hidden babybear:text-sm"> May 2024 job market report </h3>  <p class="base-main-card__description body-text text-color-text -mt-0.5"> “What’s the UK job market like?” The May 2024 KPMG & REC UK Report on Jobs is now out. “Permanent staff placements down… </p>  <code id="i18n_reaction_singular" style="display: none"></code> <code id="i18n_reactions_plural" style="display: none"></code> <div class="flex items-center font-sans text-sm babybear:text-xs -mt-1"> <div class="flex items-center font-normal text-color-text-low-emphasis no-underline visited:text-color-text-low-emphasis my-1" role="button" aria-label="9 Reactions" data-separate-ctas="false" data-test-id="social-actions__reactions" data-id="social-actions__reactions" 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no-underline visited:text-color-text-low-emphasis before:middot my-1" data-separate-ctas="false" data-test-id="social-actions__comments" data-id="social-actions__comments" data-num-comments="2" data-singular="%numComments% Comment" data-plural="%numComments% Comments"> 2 Comments </div>  </div> </div>  </div> </li> <li> <div class="base-card relative w-full hover:no-underline focus:no-underline base-card--link base-main-card flex flex-wrap py-2 pr-2 babybear:pr-0 base-main-card--link babybear:py-1 main-article-card"> <a class="base-card__full-link absolute top-0 right-0 bottom-0 left-0 p-0 z-[2]" href="https://www.linkedin.com/pulse/ai-recruitment-guide-management-consultancy-employers-chris-sale-7qi7e" data-tracking-control-name="article-ssr-frontend-pulse" data-tracking-will-navigate> <span class="sr-only"> AI in Recruitment: a Guide for Management Consultancy Employers </span> </a> <div class="base-main-card__media relative w-[228px] block overflow-hidden flex-shrink-0 rounded-md 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data-plural="%numComments% Comments"> 3 Comments </div>  </div> </div>  </div> </li> <li> <div class="base-card relative w-full hover:no-underline focus:no-underline base-card--link base-main-card flex flex-wrap py-2 pr-2 babybear:pr-0 base-main-card--link babybear:py-1 main-article-card"> <a class="base-card__full-link absolute top-0 right-0 bottom-0 left-0 p-0 z-[2]" href="https://www.linkedin.com/pulse/august-2023-uk-job-market-report-chris-sale" data-tracking-control-name="article-ssr-frontend-pulse" data-tracking-will-navigate> <span class="sr-only"> August 2023 UK job market report </span> </a> <div class="base-main-card__media relative w-[228px] block overflow-hidden flex-shrink-0 rounded-md h-[129px] babybear:w-[105px] babybear:h-[59px]"> <img class="h-full" 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none"></code> <code id="social-actions__reaction-image-ENTERTAINMENT" style="display: none"></code>  <code id="social-actions__reaction-image-INTEREST" style="display: none"></code> <code id="social-actions__reaction-image-LIKE" style="display: none"></code> <code id="social-actions__reaction-image-MAYBE" style="display: none"></code> <code id="social-actions__reaction-image-PRAISE" style="display: none"></code>  <div class="flex items-center font-normal text-color-text-low-emphasis no-underline visited:text-color-text-low-emphasis before:middot my-1" data-separate-ctas="false" data-test-id="social-actions__comments" data-id="social-actions__comments" data-num-comments="2" data-singular="%numComments% Comment" data-plural="%numComments% Comments"> 2 Comments </div>  </div> </div>  </div> </li> <li> <div class="base-card relative w-full hover:no-underline focus:no-underline base-card--link base-main-card flex flex-wrap py-2 pr-2 babybear:pr-0 base-main-card--link babybear:py-1 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data-separate-ctas="false" data-test-id="social-actions__reactions" data-id="social-actions__reactions" data-num-reactions="15" data-singular="%numReactions%" data-plural="%numReactions%" tabindex="0"> <img alt data-reaction-type="LIKE" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/bn39hirwzjqj18ej1fkz55671" height="16px" width="16px"> <img alt data-reaction-type="INTEREST" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/a0e8rff6djeoq8iympcysuqfu" height="16px" width="16px"> <span aria-hidden="true" class="font-normal ml-0.5" data-test-id="social-actions__reaction-count"> 15 </span> </div> <code id="social-actions__reaction-image-APPRECIATION" style="display: none"></code>  <code id="social-actions__reaction-image-EMPATHY" style="display: none"></code> <code id="social-actions__reaction-image-ENTERTAINMENT" style="display: none"></code>  <code id="social-actions__reaction-image-INTEREST" style="display: none"></code> <code id="social-actions__reaction-image-LIKE" 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June 2024 job market report