The latest data from the Association of Professional Staffing Companies (APSCo) indicates a positive trend in the UK job market, with March showing a 12% increase in permanent placements and an 11% rise in contract roles compared to the previous month. This improvement bodes well for sales figures as Q2 begins. Notably, there was a slight 1% increase in permanent job roles and a 2% rise in contract jobs from February. APSCo's leaders expressed hope that this trend will continue as businesses adjust following upcoming National Insurance Contribution changes.
The March data is encouraging, specifically the month-over-month boost in permanent and contract placements in the UK, mirroring an upswing of growth and stabilisation documented in March 2020, pre-pandemic.
This latest uptick is promising news for the staffing sector and follows further signs of optimism reported last month, indicative of more confidence in the labour market.
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