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.
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Source link : https://www.theguardian.com/business/2025/mar/10/firms-hold-back-on-hiring-amid-significant-cost-rises-surveys-say
Author : Joanna Partridge
Publish date : 2025-03-10 00:01:00
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