U.K. - Permanent Jobs decline sharply

The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs show that permanent placements declined at a sharper rate in July. A smaller reduction was noticeable in temporary/contract staff billings.

Permanent staff salaries fell at the weakest rate for nine months in July, while hourly rates of pay for staff in temporary/contract employment decreased at the slowest pace since October 2008.

Source: Report on Jobs

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