UK DATA: KPMG/REC : UK Sep Temporary, Permanent Jobs Growth Splutters
–KPMG/REC: Sep Permanent Placements 54.6 vs 56.3 In Aug
–KPMG/REC: Sep Temporary Placements 52.8 vs 54.0 In Aug
–KPMG/REC: Sep Vacancies Index 54.0 vs 56.2 In Aug
–KPMG/REC: Permanent Salaries Index 52.2 vs 53.0 in Aug
–KPMG/REC: UK Sep Permanent Places Growth At 12-Month Low
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The pace of growth in the UK jobs market slowed for the sixth
consecutive month in September, and pay growth eased, according to the
latest survey of the labour market for KPMG/REC and compiled by Markit.
The permanent jobs index fell to 54.6, down from 56.3 in August and 60.2
in July, hitting its lowest level for 12 months. Pay growth in the UK
has remained subdued despite elevated inflation outturns. BOE MPC
members have highlighted the risk of pay growth accelerating, but these
latest data for KPMG/REC show it slowing instead.