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Scottish Job vacancies dry up as demand "deteriorates sharply"

29 1
08.04.2024

Job vacancies in Scotland have reduced over the course of eight months, a report has found.

The latest Royal Bank of Scotland Report on Jobs survey, compiled by S&P Global, highlights “sustained deterioration” in permanent job adverts across Scotland during March, with recruiters noting an eighth consecutive monthly fall in the number of staff vacancies last month.

Demand for both permanent and temporary workers deteriorated sharply for the eighth successive month, the bank warned, describing pressures on salaries and hourly wages as “historically muted”, with pay recording the weakest increase in more than three years.

The rate of decline eased from February, but the number of people placed in permanent roles fell rapidly, the data shows.

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© Herald Scotland


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