The number of permanent and temporary staff in London has increased, with many in banking and finance according to a new market report. November's Bank of Scotland London Labour Market Report revealed that the level of permanent staff placements and temporary staff billings is continuing to rise as demand remains high. Although slightly lower that October's 61.4 level, November still saw a 61 level in billings – a sign that the employment market for permanent and temporary staff in the capital city remains strong. Tim Crawford, group economist at Bank of Scotland, explained: "The London labour market continued to strengthen in November, despite slower growth of permanent staff appointments. Pay pressures remained in November and were largely driven by skill shortages and a reduction of staff availability." The increase in billings of temporary staff has reached its highest level in six years as more firms seek to take advantage of the growing number of graduates and skilled employees relocating to London. The figures also revealed there been growth throughout the major labour sectors including an increased supply of permanent IT sales jobs as well as a rise in banking and finance positions.
What are these?
Follow on Twitter
Link to us
Read our Blogg
Connect with us