LONDON - British employers struggled to find the staff they needed in January, forcing them to increase starting salaries for permanent staff at the fastest pace in nine months, a survey showed on Wednesday.
The Recruitment and Employment Confederation (REC) said demand for staff hit a 17-month high, reflecting strong momentum in Britain's economy despite last year's Brexit vote shock. But permanent placements rose at the softest pace since September.
"Employers are crying out for people to fill vacancies," REC Chief Executive Kevin Green said.
"If businesses can't find the people they need they will outsource abroad, automate activity or shut up shop, resulting in fewer jobs available to UK nationals."
Green said the decision by Prime Minister Theresa May to prioritise immigration control in Britain's negotiations over its new relationship with the European Union meant finding candidates would grow harder still in the future.
Bank of England Governor Mark Carney and other BoE officials said last week they were watching out for a build-up of inflation pressures in the labour market as the central bank continues to keep interest rates at a record low.
Britain's unemployment is at an 11-year low, but the BoE says it believes the rate could fall further before it began to push up prices in the economy. REC said growth in pay rates for temporary weakened from a seven-month high in December. -Reuters
About 92 News HD Live Main TV Channel of Pakistan:
92 News (also known as 92 News HD Plus (Channel 92) is a conservative Urdu language TV channel based in Lahore, Pakistan.
Mian Muhammad Hanif is the chairman of the channel.
This TV channel is a subsidiary of Madinah Group under Galaxy Media Group.
The channel's name, 92, is to celebrate the 1992 Cricket World Cup won by Pakistan. The number 92 is also the telephone country calling code of Pakistan, which is another major reason behind the channel's name.
92 News HD is Pakistan’s first HD Plus News Channel. Aims to bring credible & responsible News & important stories from Pakistan & around the World
We bring you Latest Pakistani and International News at 92 News Hd Plus to Read and Watch
We believe in genuine and true journalism, we do not prevail sensation just for ratings.
We do not hide news but never tend to add any unethical content or angling that goes against the norms of our religion Islam and Pakistan's culture.
تازہ ترین خبریں حاصل کرنے کے لیے فوری اطلاع کی اجازت دیں
آپ کسی بھی وقت دائیں طرف نیچے بیل آئیکن پر صرف ایک کلک کے ذریعے آسانی سے سبسکرائب کر سکتے ہیں۔