Trial now
KOREA RATES

Short End Yields Rise

MNI EXCLUSIVE

Capex Trend A Concern For BOJ Rebound Outlook

FED FUNDS FUTURES

FFM2 Given

US EURODLR FUTURES

Lifts In EDZ3 & EDZ4

THB

Bracing For BoT Monetary Policy Decision

MNI BRIEF: UK Starting Salaries Up As Worker Supply Slumps

MNI (London)
(MNI) London

Latest KPMG/REC survey sees starting salaries record a record rise in July

True
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

The UK jobs market continued to power ahead in July, but employers are finding it increasingly difficult to hire the staff needed to fill vacancies, a report published Friday showed.

Both permanent staff appointments and temp billings rose at near-record rates, the KPMG/REC Report on Jobs showed, while growth in demand for staff hit a fresh series high as COVID-19 restrictions eased further and economic activity continued to pick up. The availability of workers continued to decline, however, with pandemic concerns, Brexit and general levels of strength in the jobs market all at play. The headline index reading slipped from June's record high, dipping to 69.3.

With vacancy levels high, starting salaries rose at a record pace in July, the report shows.