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KPMG – UK Jobs Report January

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KPMG – UK Jobs Report January

February 11, 2025

Here is the latest KMPG Report from KPMG, and steepest fall since August 2020.
Key Points Are-
January’s jobs report shows a sharp decline in UK hiring, particularly for permanent positions, due to business uncertainty and rising employment costs. Temporary placements also fell significantly. While pay growth continued, it slowed considerably, reflecting increased staff availability. Job vacancies, especially for permanent roles, dropped sharply, though staff availability continued to rise, albeit at a slower pace.

 

 

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