MNI DATA IMPACT: UK Jobs Hit by Brexit In March: KPMG/REC

     LONDON (MNI) - The KPMG/REC UK Jobs report, published Friday, showed the

quickest decline in permanent job appointments in March, offering further

evidence of the fragility of the UK economy caused by Brexit chaos.

     -The index slumped back into contraction territory for the second time this

year, down to 47.6 from 50.0 in February.

     - Temporary staff hiring also pulled back, to 52.9 in March from 54.3 in

February, its second lowest level in two-and-a-half years.

     - Amid reports of delayed decision making among firms leading to fewer job

vacancies, candidates were also less enthusiastic about looking for a new job.

     - Limited availability of candidates continued to put pressure on starters'

salaries. However, rates of pay softened in March. Permanent salaries index

eased to 59.3 in March from 61.5 in February. Temporary pay growth tempered to

55.8, the lowest since March 2017.

--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com

--MNI London Bureau; tel: +44 203-586-2224; email: shaily.mittal@mni-indicators.com

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