Recruitment firms report 'slowdown' in permanent hiring

1440     0
Businesses are reluctant to recruit full-time permanent members of staff. (Image: Getty Images/iStockphoto)
Businesses are reluctant to recruit full-time permanent members of staff. (Image: Getty Images/iStockphoto)

Research indicates that companies are hesitant to hire permanent staff due to economic uncertainty and rising costs, affecting overall staff recruitment.

The Recruitment and Employment Confederation (REC) and KPMG conducted a study which revealed a decline in the number of permanent placements by recruiters in recent weeks, as firms were apprehensive about committing to new hires.

The research, which surveyed 400 recruitment firms, also highlighted an increased demand for short-term staff and a rise in the availability of workers to fill these roles.

Neil Carberry, Chief Executive of REC, commented: "Employers tell us they are feeling better about themselves as the year moves on, and today's data does suggest the possibility of a turnaround in hiring over the next few months."

"Permanent placements have been falling for a year now from abnormal post-pandemic highs. While permanent hiring activity continues to slow, fewer firms reported a slowdown last month, leading to a much shallower rate of decline than most months recently."

Rail strikes resume tomorrow as Brits face disruption on return to work eiqrriqztiqzqprwRail strikes resume tomorrow as Brits face disruption on return to work

"Likewise, temporary hiring remains robust with billings growing marginally in September as they have most months this year."

* An AI tool was used to add an extra layer to the editing process for this story. You can report any errors to webhomepage@mirror.co.uk

Steve Charnock

The economy, KPMG LLC

Read more similar news:

04.01.2023, 22:12 • Politics
Rishi Sunak's five biggest promises for 2023 - what he said and what it means
09.01.2023, 14:26 • Politics
DWP leaves disabled people for months without cash under help-to-work scheme
09.01.2023, 22:30 • Politics
Thousands of benefit claimants to be spared reassessments under Labour DWP plan
10.01.2023, 16:56 • Politics
Benefit sanctions will continue under Labour as party 'reforms' Universal Credit
11.01.2023, 22:07 • Politics
'Labour's plan for disabled people is the same as Tories - to push us into work'
14.01.2023, 20:00 • Politics
Grant Shapps' anti-strike legislation breaches international law, experts say
01.02.2023, 00:01 • Politics
Teachers, civil servants and train drivers walk out in biggest strike in decade
01.02.2023, 08:10 • Money
8 money changes coming in February including Universal Credit and passport fees
15.01.2023, 22:43 • UK News
'Senior Labour figures right to be haunted by fear of Conservative resurrection'
02.02.2023, 21:44 • UK News
'Oblivious rogue energy firms are cashing in on people's misery as profits soar'