UK recruitment activity dropped a softer pace in May, while candidate supply grew at the sharpest pace in eight months, data published by S&P Global showed on Friday.
Permanent job placements decreased at a slightly sharper pace in May, while temp billings declined at the slowest pace in six months, the KPMG/REC Report on Jobs revealed. Recruiters said weaker confidence around the outlook and concerns over costs dampened hiring.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.