
Hiring slowdown eases as permanent placements steady in February, report finds
According to the latest UK Report on Jobs survey from KPMG and REC, the drop in permanent placements was the smallest since March 2023.

According to the latest UK Report on Jobs survey from KPMG and REC, the drop in permanent placements was the smallest since March 2023.

The move is part of its ongoing push to improve its data management and artificial intelligence (AI) use.

The UK labour market showed early signs of stabilisation in October, according to the latest KPMG and REC Report on Jobs.

49% of financial services leaders said they saw more Gen Z staff leave in the past 12 months, with the banking sector reporting the highest number at 54%.

KPMG and REC data showed that permanent and temporary staff availability increased sharply, mostly due to redundancies and fewer job opportunities.

Lloyds, Knight Frank, and Coventry Building Society are among the financial and property firms shortlisted for this year’s UK Social Mobility Awards.

UK retail sales grew 3.1% in June, with both food and non-food sales up year on year, driven by summer weather and major sporting events.

UK recruitment activity slowed again in May, with permanent hiring down and candidate supply rising sharply, according to the latest KPMG and REC report.

The seasonally adjusted index for permanent staff placements fell to 44.2 in May from 44.7 in April, signalling a slightly sharper rate of decline.

UK labour market weakens further as permanent and temp placements decline

The UK labour market faced a significant downturn in November, as highlighted by the latest KPMG and REC, UK Report.

KPMG UK partners with the government to employ prison leavers, aiming to reduce reoffending and address labor shortages, setting an example for other major businesses in the UK.
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