Jobs And Wages Up As Economic Recovery Continues

The number of people finding permanent jobs has risen sharply, and so has their starting salaries.

According to the Bank of Scotland report on jobs, employment grew sharply in June, and the fastest rate in 3 months. More workers found temporary jobs too, particularly in the constriction, clerical and hotel industries. IT workers, nurses and accountants are the highest demand permenant staff. Pay rates have also risen, with starting salaries and hourly temp rates up on the last three months.

The headline Bank of Scotland Labour Market Barometer registered a three-month high of 59.7 in June, indicating a further marked improvement in the overall health of Scotland’s job market. The barometer was broadly in line with its average over 2015 so far, though just below the equivalent index for the UK as a whole.
 
Donald MacRae, Chief Economist at Bank of Scotland, said: "Scotland’s labour market continued to perform well in June.  The number of people appointed to both permanent and temporary jobs rose in the month while the number of vacancies increased. Permanent staff pay saw a sharp increase while hourly pay rates for temporary staff rose moderately.  These results suggest an economy continuing to show moderate growth."