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Report on jobs | Demand for staff falls off after Labour budget

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Demand for staff falls off after Labour budget

Demand for UK employees fell last month after the new Labour government's first budget, a new survey revealed.

The KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, signalled a further deterioration of UK labour market conditions during November. Permanent placements continued to decline, and at the steepest pace since August 2023 as firms signalled reduced demand for staff. 

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