Vacancies on the Rise
The number of available job vacancies rose further in August, with the rate of expansion the sharpest since April 1998. Both the private sector and public sectors saw increased demand, with the former recoding the sharper growth.
The Report on Jobs Vacancy Index posted 682 in August, up from 68.0 in July. The latest reading was the highest in over 16 years.
Both permanent and temporary staff saw strong increases in vacancies, with rates of growth the strongest since March 1998 and May 1998 respectively.
Public & Private Sector Vacancies
Demand for staff continued to rise at a considerably stronger rate in the private sector than in the public sector during the latest survey period.
In both cases, temps saw faster growth than permanent workers on a non-seasonally adjusted basis in August.