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- UK jobs market wanes in November as demand for staff fades - REC
UK jobs market wanes in November as demand for staff fades - REC
British employers' demand for staff rose in November at the slowest rate in more than a decade, adding to signs of a waning jobs market ahead of Brexit and next week's general election, a survey of recruiters showed.
The index of demand for staff from the Recruitment and Employment Confederation (REC) and accountants KPMG fell to 51.4 in November, its lowest since September 2009, from 51.6 in October.
REC report showed permanent job placements fell for an ninth month running, chiming with official data which has shown job creation waning.
"The uncertainty around the upcoming election and Brexit outcomes are playing havoc with the UK jobs market, as clearly employers and job-seekers are taking a wait-and-see approach before committing to growth or movement," James Stewart, vice chair at KPMG, said.
The survey showed starting salaries for permanent staff rose in November at the slowest rate since December 2016. For temporary staff, it was the weakest reading since November 2016.
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