• Register

Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

UK Shortage of Workers Amid High Number of Jobs


August, 09 2017
watermark Economic news

In spite of the rising wages, it seems complicated for the employers of the United Kingdom to recruit employees as the availability of candidates attempts to cope up with the demand, based on the latest research released on Tuesday.

A report from the Recruitment & Employment Confederation together with Markit showed that staff appointments reached its highest level in the past two years.

The official numbers of employment issued by the Office of National Statistics in July, indicates the Britain’s jobless rate decline on its lowest pace since 1975, however, this slightly push wages up.

Meanwhile, the opening for permanent workers was reduced lower compared with the past months as the reduction rates for temporary laborers fell at its fastest pace in the past 18 months, according to the research of Recruitment & Employment Confederation (REC).

As shown in the poll, the Britain’s decision to leave the European Union caused some citizens from the euro region to depart which makes it harder to carry out required jobs.


Top Top