Brexit concerns hit recruitment activity in June

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Permanent placements fall for first time since September 2012.

  • Brexit concerns hit recruitment activity in June
  • Pay growth slows further
  • Candidate availability continues to deteriorate.

Drop in permanent placements…

The number of people placed in permanent positions fell in June. Although slight, it was the first decline in 45 months. Anecdotal evidence suggested that uncertainty in the lead-up to the EU referendum (data were collected between 13-24 June) had heavily impacted on activity.

Pay growth continues to ease

  • June data pointed to a further easing of permanent salary growth. The latest increase was the least marked since September 2013.
  • Further drop in candidate availability
  • The availability of staff continued to fall in June. Permanent candidate supply decreased at a marked pace that was sharper than in May.

 

 

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