UK Hiring Tumbles by Most in Nearly Two Years, KPMG Survey Shows

Job Market Suffers Worst Slump in More Than Four Years Under Labour

The job market is in free fall as Labour gears up for a wealth tax raid in the run-up to the autumn budget. According to KPMG and the Recruitment and

UK Hiring Tumbles by Most in Nearly Two Years, KPMG Survey Shows

Hiring by UK businesses plunged at the fastest pace in nearly two years, according to a survey that suggested that the fallout from a hike in payroll taxes is showing little sign of letting up.

UK labour market cooled rapidly in June, KPMG/REC survey shows

Only the pandemic, the global financial crisis of 2008-09 and the immediate aftermath of the Sept. 11 attacks in the United States have resulted in higher readings of slack in the labour market

Sharper Decline In Hiring Activity In June

Permanent placements and temp billings both fall at quicker rates. Starting salary growth cools amid sharper fall in vacancies.First drop in temp pay in over one-and-a-half years.

Steep reduction in recruitment in June

The latest survey of recruitment consultancies signalled an accelerated decline in hiring activity across the UK at the end of the second quarter. The post Steep reduction in recruitment in June appeared first on Personnel Today.