Jobs picture is even worse than you might imagine
I have a post at Left Foot Forward, looking at today’s Report on Jobs from the Recruitment and Employment Confederation. Their report, based on a survey of employment agencies, suggests that the labour market is performing really badly. Demand for staff is falling while the supply is rising and pay is stagnating. A real cause for concern is the fall in demand for temporary staff – which had been rising since the start of the recession. It looks as if businesses are very insecure and not willing even to take on temporary recruits.