Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Easing of UK lockdown restrictions boosted business confidence and led to a sharp increase in hiring intentions in April with permanent placements hitting a record high, according to Claire Warnes, Partner and Head of Education, Skills and Productivity at KPMG UK. However, a 'lack of candidate supply' was becoming an issue in many sectors, Warnes said, noting that firms 'will not be able to fill their vacancies unless they commit to reskilling and upskilling their current and prospective employees.'
The latest KPMG/REC survey saw permanent placements surge to the highest level since 1997, while temporary billings rose to the greatest extent since October 2014. The demand for staff rebounded sharply as well, with vacancies rising at the steepest rate in 23 years. This results in upward pressure on starting salaries.
On Thursday, the Bank of England boosted its jobs outlook for the economy, saying the UK unemployment rate was likely to peak at 5.5%, much lower than previously feared.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.