Learn more

By Chris Dorrell Slack continued to build in the labour market in September, a closely watched survey suggests, strengthening the case for further interest rate cuts this year. The latest report on jobs from KPMG and the Recruitment and Employment Confederation (REC) showed a continued slowdown in pay growth last month as more candidates competed for fewer roles. The survey showed that permanent salary growth eased to its slowest pace since February 2021. Temporary pay rates also eased for the first time in three-and-a-half years, albeit only fractionally. “A greater number of candidates and r…

cuu