Permanent posts fall fastest
Wed 6 Aug 2008 at 3:10 PM
Demand for workers to take permanent posts fell faster in July than any month since 2001, a joint study has found.
The Recruitment and Employment Confederation (REC) and professional services company KPMG, also revealed growth in temporary jobs is at a five-year low.
"Business confidence is low and as a result, employers are becoming much more cautious in their approach to recruiting," chief executive of the REC, Kevin Green observed.
He explained that the reduction in permanent placements "is a clear indication that the credit crunch has started to reach the jobs market".
Respondents to the firms' monthly Report on Jobs, said falling business confidence and a slowing economy had reduced both recruitment demand and slowed wages growth.
Receptionist jobs in Manchester and employment opportunities in Worcester are both subject to national and international changes.
