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Slowest Job Market Growth for 7 Months!

This week saw some very worrying news in the Recruitment and Employment Confederation (REC) and KPMG Report on Jobs.

The report shows that May saw the slowest growth in the job market in the last 7 months.

Kevin Green (REC's Chief Executive) said:

“The latest data shows a worrying deceleration in the UK jobs market. Although the number of placements has continued to increase, the rate of expansion has hit a seven-month low. Private sector job creation has not hit the buffers but it is clearly slowing which heightens concerns over whether public sector job losses can be absorbed.

Not great news on the week that the Work Programme is launched!

Visit the REC website or here for Personnel Today for comment on the report.

 

9 June 2011


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