Midlands Job Market Softens as Permanent Staff Placements Fall for Fourth Consecutive Month

Data from a newly released jobs report saw the number of permanent staff placements fall for the fourth consecutive month across the Midlands at the end of the third quarter.The findings were made in the latest KPMG and REC, UK Report on Jobs survey, compiled by S&P Global.

Demand for staff was muted, as vacancies for both permanent and temporary roles reduced during last month, with the latter falling into decline for the first time since October 2020. The rate of salary inflation strengthened from the previous survey period to reach the highest since June.Average hourly pay for short-term staff fell for the first time in nearly four years at the end of the third quarter.

“While the fall in hourly pay for temporary staff suggests a potential shift in the balance of power between employers and job seekers, starting salaries continue to rise which should give experienced hires the confidence to continue looking for new opportunities.”

United States United States Latest News, United States United States Headlines

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

'The chapter of Birkenhead being a market town will disappear' market traders worryOne trader recently told Wirral Council: 'You’re not actually considering the negative implications of what’s going to happen with that money.'
Source: EchoWhatsOn - 🏆 74. / 59 Read more »

Period town house in Market Drayton that is brimming with character hits the marketA stunning period town centre home offering a 'perfect blend of traditional elegance and modern convenience' has been listed for sale.
Source: ShropshireStar - 🏆 98. / 51 Read more »