June/July UK Report on Jobs

Accountacy, candidate, client...

Cavill Robinson is one of 400 agencies nationwide contributing to the UK Report on Jobs. Produced by the Recruitment and Employment Confederation and KPMG, it gives a monthly update of the state of the jobs market. James Stewart, Vice Chair of KPMG comments on this month's job market as follows:

"Brexit stagnation continues to seize up the jobs market as the slowdown in recruitment activity
continues. Permanent staff appointments fell again in June, the fourth month in a row, while subdued
confidence ensured that growth in temporary billings remained historically weak.
“As we approach the summer holidays, the worry is that vacancy growth – which held close to a multiyear
low in June – is unlikely to bounce back as firms take a relatively cautious approach to hiring.
Uncertainty is also likely to further dampen staff availability, as candidates are reluctant to change roles
at this time. On a sector basis, IT & Computing continued to need more workers while construction and
retail saw reduced demand.
“Looking ahead, conditions across the labour market are likely to remain restrained against a backdrop
of political and economic uncertainty before companies can start to make more informed decisions on
their long-term hiring.”

Jeanette Robinson, Cavill Robinson's Managing Director comments:

"Whilst there is a slight slowdown in the Cambridgeshire marketplace, there is still a high demand for staff and a severe shortage of quality candidates. This is being caused partly by political uncertainty causing people to be cautious about changing jobs and partly by the robustness of the local economy and high employment rate. It is hard to forecast too far ahead whilst the Brexit drama continues."