UK DATA: KPMG/REC: Jobs Growth Fastest Since Spring 2011
-KPMG/REC: UK Nov permanent placements 56.0 vs 55.0 in Oct
-KPMG/REC: UK Nov temporary billings 57.4 index vs 54.5 Oct
UK permanent placements and temporary job billings accelerated at
their fastest pace since the spring of last year, with anecdotal
evidence of a pick-up in confidence supporting hiring. The KPMG/REC
survey, compiled by Markit, is at odds with some other recent data, with
unemployment rising in the official data series and with Markit’s own
CIPS activity indicators weakening.