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Today, we publish our October @RECmembers data in the #ReportOnJobs, produced by @RECPress in partnership with @kpmguk and @SPGlobalPMI. Tl:dr, clear slowing of the market, but likely to be cooling of post-pandemic fizz, rather than a serious retrenchment at this stage. (1/)
Permanent placements declined (45) for the first time in 21 months (Feb 2021), though the London market in the south (48.9) was appreciably stronger than other parts of the country. Worth remembering that this market has grown for two years - this is a drop from a high base. (2/)
Temporary placements were basically flat (tiny growth at 50.1). Again. the south (57) was stronger than other regions. This offset drops in other markets. Again, activity is at a very high starting point - this market has grown since the bounce from the 1st lockdown in 2020. (3/)
