LONDON – Britain’s labor market cooled additional in December, based on a survey of recruiters revealed on Tuesday which will ease a few of the Bank of England’s issues in regards to the dangers of longer-term inflation strain.
The month-to-month index of vacancies, compiled by the Recruitment and Employment Confederation commerce physique and accountants KPMG, fell final month to 53.0, its lowest since February 2021 and down from 54.1 in November.
The survey, watched carefully by the BoE, additionally confirmed an easing in wage pressures.
Starting salaries for everlasting employees and pay charges for non permanent employees grew on the slowest fee since April 2021, just like their common stage within the couple of years prio…
Keep on studying: UK jobs market softens once more in December – REC