Jobs market fears mount as recruiters warn on Brexit uncertainty

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 67%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Updates from two major recruitment firms have added to fears that Britain's impressive jobs performance may have reached a peak.

The undisputed strength of the UK economy since the financial crisis has been the jobs market.

Those concerns are likely to mount following trading updates today from two of the UK's leading recruitment firms, PageGroup and Robert Walters. He added:"Looking ahead, the deterioration in trading conditions seen during [the third quarter] across the majority of our regions is anticipated to continue.

It reported:"Client and candidate confidence continued to be generally weak in the UK across both the recruitment and recruitment outsourcing markets.

James Stewart, vice chair at KPMG, said:"The Brexit impasse continues to affect the jobs market with employers stuck, unable to make informed decisions, and people unwilling to risk seeking new roles. The first is that it is important to stress that PageGroup and Robert Walters are global players and are not just seeing a slowdown in the UK - although that does appear to be where the weakness is most pronounced - with storm clouds also gathering in Germany, another market where employment is at an all-time high and Hong Kong, where the recent civil rights protests have had an impact on the economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Pound plunges as Johnson's Brexit deal plans lay in tatters - follow live business updatesGovernment unveils low-tariff plans in attempt to head off no-deal Brexit chaos - follow live business updates This is how it’s going to be Can see Johnson jetting off Cos he can & will do
Source: The Independent - 🏆 80. / 59 Read more »