U.K. Job Market Continues To Slow

The U.K. job market slowdown continued in August with permanent job placements rising at the weakest rate for 10 months, new survey data showed on Wednesday.

The Recruitment and Employment Confederation and KPMG Report on Jobs survey found that demand for staff also moderated during the month, with weaker increases recorded for both permanent and temporary workers.

Pay pressures also weakened, with permanent staff salaries rising at the slowest rate for seven months, while temporary staff pay growth was at a five-month low.

by RTTNews Staff Writer

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