Firms hold back on hiring amid ‘significant cost rises’, surveys say

Firms hold back on hiring amid ‘significant cost rises’, surveys say

Economics, UK unemployment and employment statistics, Business, KPMG, UK news Business | The Guardian

​KPMG/REC report shows decline in people being placed in roles continues, while unemployment is rising, says BDOCompanies are putting the brakes on hiring new staff amid a “subdued” economic outlook and rising wage bills, according to the latest business surveys.In signs of a weakening UK labour market, the consultancy KPMG and the trade body the Recruitment and Employment Confederation (REC) said a marked decline in the number of people being placed in permanent and temporary roles continued in February, although hiring declined at a slower pace than in January. Continue reading… 

KPMG/REC report shows decline in people being placed in roles continues, while unemployment is rising, says BDO

Companies are putting the brakes on hiring new staff amid a “subdued” economic outlook and rising wage bills, according to the latest business surveys.

In signs of a weakening UK labour market, the consultancy KPMG and the trade body the Recruitment and Employment Confederation (REC) said a marked decline in the number of people being placed in permanent and temporary roles continued in February, although hiring declined at a slower pace than in January.

Continue reading… 

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