KPMG and The Recruitment and Employment Confederation (REC) have both good news and not-so-good news on UK jobs.
The good news is that UK labor market conditions continued to improve in May 2010, showing a rise in permanent staff placements for the tenth consecutive month. Also, permanent staff salaries increased for the seventh month running in May. The pace of expansion was high (despite falling from March's twelve-year peak). Temporary staff billings also increased at a strong rate. Higher staff appointments were helped by further improvement in demand for staff in May. Growth of vacancies was strong, although marginally slower than in April.