Mumbai, Feb. 9 -- UK recruiters reported a softer drop in permanent job placements in January and vacancies continued to fall at a slower pace, monthly data from S&P Global showed Monday.
There was another decline in permanent job placements in January amid reports of weak market conditions and employer concerns costs, the KPMG/REC Report on Jobs said. However, the pace of decrease eased to the weakest in 18 months.
At the same time, temp billings increased for only the second time since May 2024, though growth was marginal.
The availability of candidates continued to rise largely due to redundancies and fewer job opportunities. Nonetheless, the rate of expansion was the softest in 12 months.
Data showed improvement in pay trends for bo...