Recruitment Statistics - September 2024
Job Flow Index
The Firefish Job Flow Index allows you to explore recruitment statistics drawn from over 750 recruitment agencies.
Recruitment Overview
According to the latest Office for National Statistics data, 20% of businesses reported having worker shortages in early September 2024. This increased demand can be seen reflected in the Firefish data with the number of jobs created in September up by 5% and the number of placements increasing by 3%.
In September:
- The total volume of placements increased by 3%.
- Temporary & contract placements increased by 3%.
- Permanent placements increased by 6%.
There were two stand-out sectors in September. The technology sector saw placements increase by 24% in perm and 35% in temp & contract. Average revenue per recruiter also increased by 106% on the month.
In the engineering, manufacturing, logistics & FMCG sector perm placements increased by 13% and temp & contract placements increased by 39%.
Quarter 3 has been the strongest quarter of the year to date. This is despite a challenging August, which experienced a larger than expected seasonal dip. The total volume of placements in Q3 was 1% higher than in Q2 and 6% higher than in Q1.
The monthly Job Flow Index analyses recruitment statistics and industry trends to provide recruitment agency leaders with insight into market conditions.
Placements by sector
Permanent placements in the professional services sector increased by 3% in September.
Temp & contract placements in the professional services sector decreased by 8% in September.
Temp & contract placements were 25% higher in Q3 than in Q2.
Professional Services
Finance & Accountancy
Permanent placements in the finance and accountancy sector decreased by 5% in September.
Temporary & contract placements in this sector decreased by 16% in September. This was the third consecutive month of decline following a peak in June.
Technology
Permanent placements in the technology sector increased by 24% in September.
Temporary & contract placements in the technology sector increased by 35% in September.
The average revenue per recruiter increased by 106% in the technology sector.
Jobs created and number of placements
The number of jobs created increased by 5% in September. The total number of placements made increased by 3% in September.
The total number of placements made in September 2024 was 23% higher than in September 2023.
September was the second highest-performing month for placements so far in 2024.
The number of permanent jobs created in September increased by 19%.
There was a 6% increase in the number of permanent placements made in September.
The number of temp & contract jobs created increased by 1% in September. There was a 3% increase in the number of temp & contract placements made in September.
The total number of temp & contract placements made in September 2024 was 34% higher than in September 2023.
September was the second highest-performing month for temp & contract placements so far in 2024.
Permanent
Temp & Contract
Placements
Explore monthly recruitment statistics including agency placement trends. Compare jobs created to placements made and explore performance by sector.
Construction
Permanent placements in the construction sector remained steady in September.
Temporary & contract placements in the construction sector decreased by 2% in September. The temp & contract construction sector has had a very strong Q3, up by 22% against Q2.
Engineering, Manufacturing, Logistics & FMCG
Permanent placements in the engineering, manufacturing, logistics & FMCG sector increased by 13% in September.
Temporary & contract placements in this sector increased by 39% in September. This was the strongest performance to date in 2024.
Sales & Digital Marketing
Permanent placements in the sales & digital marketing sector decreased by 4% in September. This was the lowest volume of permanent placements to date in 2024.
Temporary and contract placements in sales & digital marketing remained steady in September.
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Blue Collar
Permanent placements in the blue collar sector increased by 17% in September.
Temporary and contract placements in blue collar sector decreased by 2% in September. Temp and contract placements in this sector were 14% higher in Q3 than in Q4.
Recruitment Marketing Statistics
Explore monthly recruitment agency marketing trends. Discover how different recruitment marketing strategies are performing.
Application Source
The source of applications for your agency's job is a good indicator of the strength of your agency's brand presence and candidate loyalty.
In September 69% of applications were made by new candidates.
In September there was a 7% increase in the total number of applications. Applications from existing candidates increased by 8%. Applications from new candidates increased by 6%.
Job Adverts
This chart shows the number of new job adverts posted each month across all sectors and platforms. Multiple adverts can be posted per job, but this data indicates the volume of active adverts per month.
The number of job adverts posted increased by 19% in September.
The number of quality applications per job remained steady at 5 in September.
Quality Applications Per Job
Applications from re-engaged candidates
86% of applications from re-engaged candidates were generated by Job Alerts in September.
Candidate applications from web sources
62% of applications from web sources were generated by Job Boards in September.
Rob Samuel
IT Manager, IntaPeople
Spec CVs Sent
The sending of speculative CVs (when there is no formal role available) can indicate market confidence and business development activity. There is a clear correlation between Spec CV activity and the number of jobs created in any given month.
There was a 20% increase in the number of spec CVs sent in September.
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