Britain's labour market cooled further in December, according to a survey of recruiters published on Tuesday that may ease some of the Bank of England's concerns about the risks of longer-term inflation pressure.
The monthly index of vacancies, compiled by the Recruitment and Employment Confederation trade body and accountants KPMG, fell last month to 53.0, its lowest since February 2021 and down from 54.1 in November.Starting salaries for permanent staff and pay rates for temporary workers grew at the slowest rate since April 2021, similar to their average level in the couple of years prior to the COVID-19 pandemic.
"Recruiters tell us that this was enhanced by firms pushing hiring activity back into January in the face of high inflation and economic uncertainty." But the BoE is worried that double-digit inflation will become engrained in the public psychology and it is likely to raise interest rates again next month.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
EVs Take 55% Of The German Auto Market In December!The tide has turned in the electrification of the German auto market, with plugin electric vehicles taking the majority of sales for the first time in December.
Leer más »
Aaron Rodgers, Mallory Edens Showed Signs Of Relationship In DecemberAaron Rodgers and Mallory Edens showed signs of being a couple when they attended the Bucks game last month.
Leer más »
Financing for Chinese real estate firms jumps 33% year-on-year in DecemberChinese property companies raised a total of 101.8 billion yuan ($14.9 billion) in December, up 33.4% year on year, driven by more state support for the highly indebted sector, according to market researcher CRIC.
Leer más »
Mega Millions: What to know as lottery climbs over $1 billion for Tuesday drawingSomeone could become a lot richer Tuesday as the Mega Million lottery crossed the $1 billion mark following Friday’s drawing with no winner.
Leer más »
NY sees a 30% spike in COVID deaths in December, most since early 2022The coronavirus is still a mass killer with deaths skyrocketing 30% in December — the highest tally in nearly a year, a Post analysis of data reveals.
Leer más »