Vacancies back to pre-pandemic levels as UK jobs market slows Economics The number of vacancies in the UK economy has fallen back in line with pre-pandemic levels, according to new figures from the REC.
Hiring falls to 16-month low after Reeves’ ‘tough Budget’, survey shows Economics Temporary billings also declined last month, and at a faster pace than typically seen during 2024.
Job vacancies collapse as Budget tax raid puts firms off hiring, survey shows Economics The latest report on jobs from KPMG and the REC showed an "accelerated decline" in the number of people placed in permanent roles by recruiters.
Slack continues to build in jobs market but employers look to ‘green shoots’ August 8, 2024 The survey pointed to a subdued demand for staff as a key reason for the decline in permanent placements, which extended the downturn to nearly two years.
Labour market slowdown might be coming to an end raising questions for Bank of England May 9, 2024 The survey will give conflicting signals to the Bank of England, as policymakers mull their latest interest rate decision, due later today.