Job vacancies highest in three years

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According to the latest Bank of Scotland jobs survey, the demand for staff increased at it’s fastest pace for more than three years in the past quarter.

A further improvement in Scottish labour market conditions during March was also shown by the report.

The number of people placed in both short and long term positions rose as the demand for staff continued to grow.

Permanent placement was strongest in Glasgow, while Dundee had the fastest increase in temporary vacancies.

The Bank of Scotland labour market barometer – a composite indicator of labour market conditions – suggested staff demand was down on February’s reading.

However, it was the highest quarterly reading since the first quarter of 2008.

Donald MacRae, chief economist at Bank of Scotland, said: “Recovery from the recession is extending to the labour market, with the demand for permanent staff rising at the fastest pace for three-and-a-half years.

Permanent staff appointments also increased for the sixth consecutive month, although growth eased from February’s 14-month high.”

He said all eight sectors covered in the survey registered a rise in permanent job vacancies during March, with the strongest increase occurring in the IT and computing sector.

He added: “This latest report on jobs provides further evidence of the recovery in the Scottish economy.”{jcomments on}