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READ MOREBritish labour market, and pay growth, slow in February - REC
Britain's labour market showed further signs of cooling as permanent job placements fell for the fifth month in a row in February and pay growth slowed, reflecting employers' concerns about the economy, a survey published on Wednesday showed.
The Recruitment and Employment Confederation/KPMG monthly permanent placements index fell to 46.3 last month, down from 46.8 in January with employers more likely to use temporary workers to fill roles.
Billings for temporary workers rose but at a softer rate than in January, according to the survey.
Clare Warnes, partner for skills and productivity at KPMG UK, said the economic outlook was impacting hiring activity.
"Employers keep playing the short game by focusing on temporary hires," Warnes said.
Wednesday's survey echoed other signs of a slowdown in the labour market although some measures of the broader economy, including business surveys and data on consumer confidence and public finances, have shown improvement, easing worries about a long recession.
Read more at Reuters
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