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UK permanent jobs growth slows to 13-month low

November 08, 2007 00:00:00


LONDON, Nov 7 (Reuters): Permanent job placements rose at their slowest pace in more than a year in October but ongoing skill shortages pushed wages slightly higher, a survey showed Wednesday.
The KPMG/Recruitment and Employment Federation Report on Jobs showed the index for permanent placements fell from 60.2 to 57.4, its lowest since September 2006.
Vacancies for permanent positions rose at their slowest pace in 17 months. However, evidence the labour market is softening had little impact on wages which picked up last month from a 13-month low.
The index of salaries for permanent staff rose to 61.9 from 61.1 in September, while that for temporary staff ticked up to 59.5 from 59.0.

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