A new survey showed that the number of candidates Available for jobs According to the recruiters, the fastest rate has increased in four years.
The survey conducted by KPMG and Recruitment and Federation (REC) gave another indication Reduction in recruitment activity By companies in May.
Last month, permanent placement declined, while the availability of candidates increased at the fastest rate in about four and a half years.
Report, which is based on the data of 400 recruitment agencies, cited excesses and Low job opportunities Contribution as factors.
The group’s CEO John Holt commented on the data at KPMG: “May’s data shows very little changes. Employers Still coming back when hired, which meant that the number of jobpards last month increased at the most stable rate since 2020. ,
“The first half of this year is full of uncertainty for businesses that are still trying to navigate cost pressure, technology progress and global risks.”
REC Chief Executive Officer, Neil Carberry said: “Temple billings, more encouraging signs in vacancies and a measure of optimism to stabilize the demand for private sector because we are prominent in the second half of the year.
“There are initial signs of promise in Midlands, especially in a year, which saw its first increase in permanent placement in a year and increased billing after four months. Meanwhile, the recession in temporary billing has reduced the north of London and England further.
“With the industrial strategy adjacent, they are looking for more than the matter of business renewal, they want a clear plan for an economic revival.
“A one who accepts the central role of a good workforce policy – just beyond employment rights.”
The latest data of the office of National Statistics (ONS) indicated a slowdown in wage growth with an increase in unemployment, indicating a cooling labor market.
According to the statistics body, the average regular income increase in three months since November 2024 increased to 5.6 percent in three months. However, when the consumer is adjusted to the price index, wages keep on beating inflation, increasing by 2.6 percent.
Experts have expressed concern over data, blaming the situation for recent tax policies with Sankalp Foundation.
Nye Cominetti, the head economist of the think tank, said: “While the data has been encouraging recently on the development of the UK, the picture of the labor market is a big concern.”
“Employer National Insurance Recently increased this recession, the number of hospitality jobs particularly falls rapidly as the tax growth came into force in April.”