UK jobs market softens again in December - REC

The monthly index of vacancies, compiled by the Recruitment and Employment Confederation trade body and accountants KPMG, fell last month to 53.0, its lowest since February 2021 and down from 54.1 in November.Starting salaries for permanent staff and pay rates for temporary workers grew at the slowest rate since April 2021, similar to their average level in the couple of years prior to the COVID-19 pandemic.

"Recruiters tell us that this was enhanced by firms pushing hiring activity back into January in the face of high inflation and economic uncertainty." But the BoE is worried that double-digit inflation will become engrained in the public psychology and it is likely to raise interest rates again next month.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EVs Take 55% Of The German Auto Market In December!The tide has turned in the electrification of the German auto market, with plugin electric vehicles taking the majority of sales for the first time in December. 33% - but still very impressive! :D Just hope demand doesn't go down too much in 2023 since the Government Bonus is reduced from 6000 to 4500 € (average EV price in Germany = 50000 €) Wow! This is a huge milestone! Germany. Electric. Boom! The future is electric. The future is now. 35% to 55% in 12 months with BEV share increasing more is very good news
Source: cleantechnica - 🏆 565. / 51 Read more »