Hiring Slowdown

An interesting Press Release from the REC about Recruitment Trends for the first half of 2023 into May 2023.  

https://www.rec.uk.com/our-view/news/press-releases/report-jobs-hiring-slowdown-persists-may-driving-steeper-increase-candidate-supply

Key points include:

  • Permanent placements fall further, temp billings growth eases
  • Strongest rise in candidate numbers since end of 2020
  • Starting salary inflation slips to 25-month low

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