The UK employment picture dims [SoberLook]
July 9, 2012 Leave a comment
The UK is now feeling the full impact of the Eurozone recession. The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs, a leading indicator for the employment market in the UK is showing a rapid decline in placements – the worst since 2009.
Kevin Green (REC): – “The sharp drop in the number of people placed into work last month is really disappointing. A decrease in hiring activity means we could see a period of increased unemployment, especially as a new wave of school leavers and graduates will be entering the labour market over the summer.