Market & Data Insights - November

 

"In a market that has faced recent challenges, this month's report provides a nuanced portrayal of resilience and adaptability. While most metrics witnessed a decline, the enduring presence of job vacancies offers a beacon of hope for the future. Particularly noteworthy are the significant increases in average permanent salaries, climbing 7% month-on-month and 2% year-on-year – a testament to companies' efforts in addressing talent gaps.

The dip in metrics aligns with expectations for the typically subdued month of August. However, a broader economic perspective reveals optimism, with wage growth outpacing inflation at 7.8%, although inflation remains below the target. The impact of these factors on November's data is yet to be seen.""