India, June 13 -- UK recruitment activity dropped a softer pace in May, while candidate supply grew at the sharpest pace in eight months, data published by S&P Global showed on Friday.
Permanent job placements decreased at a slightly sharper pace in May, while temp billings declined at the slowest pace in six months, the KPMG/REC Report on Jobs revealed. Recruiters said weaker confidence around the outlook and concerns over costs dampened hiring.
At the same time, candidate availability continued to increase and at the steepest rate since December 2020. There were quicker increases in the supply of both permanent and temporary staff.
Meanwhile, total vacancies decreased at the weakest pace since last September. Softer reductions were sig...