UK Permanent Job Placement Stabilizes; Pay Growth Improves

India, Aug. 10 -- The UK permanent staff appointments stabilized and pay trends improved in July, data published by S&P Global showed Monday.

Permanent staff appointments stabilized in July, ending a 45-month downturn, the KPMG/REC Report on Jobs said. Demand for permanent staff remained subdued amid political and economic uncertainty and higher labor costs.

Meanwhile, temp billing posted the biggest growth in the last three years as more employers sought flexible workforce solutions.

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Published by HT Digital Content Services with permission from RTT News....