Figures within the KPMG and REC UK Report on Jobs survey marked the bottom improve in everlasting salaries since February 2021, as the next variety of job candidates and contracted demand for workforce pulled the brakes on pay development.
KPMG group CEO Jon Holt mentioned the autumn in wage inflation got here on the again of “the general pool of obtainable candidates [growing] as corporations are nonetheless confronted with powerful selections on their headcounts”.
Financial institution of England chief economist Huw Tablet cautions towards slicing charges ‘too far or too quick’
“The Financial institution of England will doubtless be inspired by this easing i…
