KPMG-REC report points to further reduction in UK recruitment in May
The KPMG-REC UK jobs report showed a further reduction in domestic recruitment activity in May. Permanent placements fell at a slightly sharper rate, but the drop in billing practices related to temporary or contract workers was the slowest in six months. Overall demand for staff fell at a notably sifter rate. Weaker confidence around the outlook and concerns over costs had dampened staff hiring.
