Rise in temps down to Brexit

The Press and Journal (Aberdeen and Aberdeenshire) - - BUSINESS - BY CRAIG PA­TON

Scottish busi­nesses are hir­ing more tem­po­rary staff due to the un­cer­tainty of Brexit, Royal Bank chief econ­o­mist Sebastian Burn­side said yes­ter­day.

He claimed the UK’s planned exit from the Euro­pean Union had caused more firms to fill posts with tem­po­rary staff due to a lack of longterm clar­ity.

As part of its re­cent Re­port on Jobs, RBS found the de­cline of per­ma­nent place­ments con­tin­ued for the third month in a row dur­ing Septem­ber, with the num­ber of tem­po­rary place­ments ris­ing dur­ing the same pe­riod.

The re­port is com­piled by ask­ing 100 com­pa­nies if they feel cer­tain parts of the jobs mar­ket have changed in the past month.

Re­searchers col­late each an­swer into an in­dex num­ber be­tween zero and 100, with 50

“Un­cer­tainty is weigh­ing on busi­ness con­fi­dence”

mean­ing no change, above 50 mean­ing an up­ward shift and be­low 50 mean­ing a down­ward trend.

For the num­ber of per­ma­nent place­ments, the num­ber has fallen from 48.8 in Au­gust to 47.4 last month.

The drop in per­ma­nent work was the sharpest monthly de­cline since Jan­uary 2017.

The in­dex for the num­ber of billings re­ceived by re­cruit­ment agen­cies con­tin­ued to rise, al­though the jump was less sharp than in Au­gust, at 56.

A num­ber of pan­el­lists asked for their in­put said un­cer­tainty – par­tic­u­larly around Brexit – had im­pacted hir­ing de­ci­sions.

Fair work and skills min­is­ter Jamie Hep­burn said: “This re­port con­tin­ues to sig­nal Brexit un­cer­tainty is weigh­ing on busi­ness con­fi­dence and ac­tiv­ity in Scot­land.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.