Survey shows fall in job vacancies

09-07-2008

Survey shows fall in job vacancies
A new survey has found that demand for permanent workers dipped last month.

That represents the first such decline for five years, the BBC reports.

According to the Recruitment Employment Confederation and KPMG study, demand for temporary staff has also decreased at the fastest level since May 2003.

This drop in employment vacancies means there is now a larger number of job seekers chasing the same position.

There is, however, some positive news for those looking for work, as the research also revealed that wage growth has accelerated.

Commenting on the results, Alan Nolan, director at KPMG, told the news provider: "Even the usually robust temporary jobs market is coming under pressure, adding to the likelihood of a stagnant jobs market and rising unemployment for the foreseeable future."

This follows a recent assertion from the Chartered Institute of Personnel and Development that predictions of wide-ranging redundancies in the UK are "pessimistic".

Related categories: HR / Recruitment.


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