& over the entire professional sector, pay is up 1.9 per cent on average compared with April last year. Within this demand is highest for engineers where vacancies – temporary and permanent – are up 20 per cent and salaries have risen 6.3 per cent over the past 12 months.Source: Association of Professional Staffing Companies (Apsco), see this report.
Meanwhile UK technology companies’ hiring has reached a record high despite the industry reporting slower growth in business according to a UK business activity index published today by consultants KPMG and financial information firm Markit. Tech sector employment index rose to 57.8 for the first three months of the year, up from 55.3 for the final three months of 2014. It’s the fastest job creation recorded by the survey since it began in 2003, see this report.
All sound pretty positive for Matchtech (MTEC) which I have written about a couple of times this year here and here.
I still think this one is good play on the recovering economy and labour market plus the benefits of it's acquisition of Networkers international to come. The shares have not moved that much and are still cum the interim dividend of 5.68p until 28th May 2015 and trade on around 11x with a 4%+ yield for the year to July 2016 and have a Compound Income Score of 95. There you go two posts in one day - obviously got over my lethargy - off to do some exercise now!