Info comes via the monthly Report on Jobs, produced by the Recruitment and Employment Confederation and KPMG in the UK.
- survey reported a significant slowdown in the labour market in August
- job placements declining sharply – permanent job placements dropped at their fastest rate in five months
- wage growth easing – wage growth for new permanent employees fell to its lowest level in five months, marking one of the weakest performances since early 2021
- salaries increased last month at a rate of growth that was the slowest since March
This article was written by Eamonn Sheridan at www.forexlive.com.
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