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UK starting salaries rise at slowest pace in nearly 3 years, as markets brace for US jobs report – business live

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Rolling coverage of the latest economic and financial news

There is a great deal of variability in hiring activity across UK regions and sectors, reports Neil Carberry, REC chief executive.

Carberry explains:

The Midlands and the North both saw strong performances for temporary and permanent roles, in sharp contrast with London and the South, with permanent hiring in London especially slow.

The ongoing stronger performance of the private sector on new vacancies is also a notable positive signal.

…this week’s pro-election rather than pro-economy decision on immigration will exacerbate that.

Any return to growth could drive domestically-generated inflation unless we adopt a proper plan for workforce capacity, embracing better welfare-to-work support, finally reforming the Apprenticeship Levy, funding Further Education properly and the kind of support for school leavers suggested by today’s Broken Ladders report from EDSK and REED on the school-to-work transition.”

Continue reading…Rolling coverage of the latest economic and financial newsUK employers limit hiring permanent staff amid economic stressesThere is a great deal of variability in hiring activity across UK regions and sectors, reports Neil Carberry, REC chief executive.Carberry explains:The Midlands and the North both saw strong performances for temporary and permanent roles, in sharp contrast with London and the South, with permanent hiring in London especially slow.The ongoing stronger performance of the private sector on new vacancies is also a notable positive signal.…this week’s pro-election rather than pro-economy decision on immigration will exacerbate that.Any return to growth could drive domestically-generated inflation unless we adopt a proper plan for workforce capacity, embracing better welfare-to-work support, finally reforming the Apprenticeship Levy, funding Further Education properly and the kind of support for school leavers suggested by today’s Broken Ladders report from EDSK and REED on the school-to-work transition.” Continue reading…