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The Report on Jobs survey by Markit; for November reported that across all employment sectors the number of candidates placed in Permanent positions was at its strongest rate in seven months. The rate of growth was marked, having accelerated to the sharpest since April.
Demand for Permanent Engineers continues to weaken
Unfortunately the demand across the whole of the engineering sector continued to soften with the report showing the index falling further from 62.6 points in October to 59.6 point in November. The October 2015 result was however still higher than October 2014.
There has been have seen mixed fortunes over the last six months with both the Oil and Gas and Manufacturing sectors reporting either job losses or cut backs in hiring plans.
Meanwhile the demand in the building and Infrastructure sectors has seen a marked increase in hiring activity.
Demand for Contract Engineers increases
The news in the jobs survey on the demand for contract engineers was better; with the report showing demand again hardening.
Demand for contract engineering staff moved up the rankings from sixth spot in October to forth in November.
Commenting on the latest survey results, Bernard Brown, Partner at KPMG, said:
“November saw a further tightening of labour market conditions, with few sectors remaining immune from the effects of ongoing skills shortages.”
For Engineers key points of interest in the November report were:
Demand for both permanent continues to rise but at a slower rate.
Demand contract engineers strengthens
Engineers in most in-demand
Permanent: Automotive, Electrical, Mechanical, Rail, Structural and Traffic.
Contract: Architectural, Revit and Traffic.
Acknowledgements:
The Report on Jobs is a monthly publication produced by Markit and sponsored by the REC (Recruitment and Employment Confederation) and KPMG LLP.