UK permanent hiring stabilises in July, recruitment survey finds
A Recruitment and Employment Confederation and KPMG survey showed permanent job placements stopped declining in July as starting salaries rose faster.
London, United Kingdom. Britain’s labour market showed tentative signs of stabilising in July, when Andy Burnham became prime minister, as recruiters stopped reducing permanent staff, according to a survey published on Monday.
Recruitment indicator
The monthly measure of permanent job placements compiled by the Recruitment and Employment Confederation and KPMG rose to 50.0 in July from 49.1 in June, ending a 45-month downturn.
The survey also reported a faster increase in starting salaries.
Business confidence
“With a new government in place, businesses will be looking for signs that the new policies can translate into greater confidence to invest and hire,” said Callum Licence, head of advisory at KPMG UK and Switzerland.
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