Jobs market and pay growth are cooling off, large UK employers and recruiters warn

Jobs market and pay growth are cooling off, large UK employers and recruiters warn

Economics, Pay, Business, Money, UK news, Bank of England, Interest rates, Inflation, UK unemployment and employment statistics, Job losses, Economic policy, Economic growth (GDP) Business | The Guardian

​Survey reveals net fall in permanent jobs last month amid lengthening slowdown in employment marketThe UK’s largest employers have warned the jobs market is cooling amid a slowdown in wage growth in July and a fall in vacancies, extending an almost two-year downturn in hiring demand for permanent staff.Figures from the Recruitment and Employment Confederation (REC) and the accountancy firm KPMG showed a fall in permanent staff placements in July as large employers made more redundancies and hired fewer new starters. Continue reading… 

Survey reveals net fall in permanent jobs last month amid lengthening slowdown in employment market

The UK’s largest employers have warned the jobs market is cooling amid a slowdown in wage growth in July and a fall in vacancies, extending an almost two-year downturn in hiring demand for permanent staff.

Figures from the Recruitment and Employment Confederation (REC) and the accountancy firm KPMG showed a fall in permanent staff placements in July as large employers made more redundancies and hired fewer new starters.

Continue reading… 

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