UK hiring slowing down as recession looms

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UK hiring slowing down as recession looms
Danmark Seneste Nyt,Danmark Overskrifter
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The recruitment blitz that followed the pandemic is cooling, according to a jobs report.

July saw the slowest increase in the number of permanent jobs filled for 17 months.The consultancy added that ongoing skills shortages, a drop in foreign workers and hesitancy from candidates to move jobs had all led to a tighter supply of suitable staff.

But the soaring cost of living and tougher competition for a smaller pool of qualified candidates has also meant that the rate of starting pay continued to rise in July. It is still a good time to be a jobseeker - the number of vacancies advertised has continued to grow. Although the fastest rate of growth in vacancies was for temporary posts in the hospitality sector.

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