India, Feb. 10 -- UK job vacancies decreased the most since August 2020 as higher cost of employing staff due to the changes in government policies weighed on hiring activity, a report compiled by S&P Global showed on Monday.
Vacancy numbers fell especially sharply for permanent worker, with the rate of contraction accelerating for the fifth successive month, the KPMG/REC Report on Jobs survey revealed. That said, temp workers dropped the most since June 2020.
There was a steep drop in permanent placements in January as falling demand for workers and a general air of business uncertainty damped the labor market.
Permanent placements declined for 28 straight months and the pace of decline was little changed on December's 16-month record. ...