Recruitment in the South Falls Amid Business Confidence Concerns

Recruitment in the South falls amid business confidence concerns

South of England job market sees sharp drop in permanent and temporary placements in July, says KPMG & REC UK Report on Jobs; demand and pay…

Jobs market cools further over economic concerns and rising costs

Figures showed growth in starting salaries also slowed to its lowest level for more than four years as firms tightened their recruitment budgets.

UK Jobs Market Cools: Opportunities Amidst Slowing Salary Growth

The UK jobs market is showing signs of cooling, with starting salaries rising at their slowest pace in over four years. This trend, coupled with a growing number of job seekers, paints a picture of a labor market that is softening, potentially offering a silver lining for businesses and investors alike. The latest data from KPMG and the Recruitment and Employment Confederation (REC) reveals that… Source

Hiring freeze looms as rising costs and weak demand stall UK job market

Employers across the UK are slowing hiring as they grapple with higher labour costs and the threat of more tax increases later this year. A new report from KPMG and the Recruitment & Employment Confederation (REC) shows recruitment activity in July stayed close to its lowest point in two years. The permanent placements index crawled up to 40 from June’s 39.1, far from the 50 level that separates growth and contraction. Kate Shoesmith, REC’s depu…