Reuters with the info via a survey of labour force recruiters in the UK. The Recruitment and Employment Confederation (REC):
- starting salaries for permanent staff
rose at the weakest pace in over two years (although it acknowledges is still at a historically high pace overall) - the
number of permanent staff placements dropped last month at the
sharpest rate since January 2021 - its gauge of demand for
staff fell to a five-month low
Remarks from the report:
- “The jobs market remains subdued, with the latest survey
results showing dampened hiring activity amid ongoing economic
concerns,”
Bank of England rate hikes are weighing, of course.