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.
