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22/02/2011
Scottish Job Market Improves
The Scottish job market has reported improvements for January 2011 - The Bank of Scotland Labour Market Barometer registered January’s reading as the highest since last April.
Donald MacRae, chief economist at Bank of Scotland, says: “The Scottish labour market saw a welcome improvement for the third consecutive month, however further improvement is needed before we can be sure that job growth in the private sector will offset future public sector job cuts.
The
Recruiter Magazine reported that the number of permanent appointments in Scotland increased for the fourth successive month, with the rate of growth rising to the fastest in nine months and outpacing the rest of the UK. Demand for permanent staff increased at a marked rate in January, posting its highest reading in eight months. All eight employment categories registered greater demand for permanent staff in January.”
This suggests that employers are becoming less reliant on the financial flexibility of using temporary workers in place of permanent staff and are feeling less cautious about committing to permanent contracts in order to grow their businesses.
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