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Permanent placements in the UK fell at the slowest rate in a year, data published by KPMG and the Recruitment & Employment Confederation showed Friday. The UK permanent placements index edged up to 44.8 points in September from 44.2 in August. Getting closer to the neutral 50-point mark separating growth from contraction, it indicates the pace of decline slowed in September. September’s was the slowest pace of decline in a year. Meanwhile, the UK permanent salaries index fell to 50.2 in September from 50.6 in August, indicating a deceleration of growth. REC Chief Executive Officer Neil Carberry said: ‘Recruiters have been reporting a trend towards stabilisation in the permanent job market since the summer, and today’s data back that up for September. The temporary market remains somewhat healthier, with growth in some regions. We can hope that the jobs market and the economy may be moving towards calmer waters, but falling vacancies is a reminder that what is really needed is a shot of confidence in the wider economy to get things going.’ He added: ‘Pay trends remain subdued where pay is set by the market rather than the government. This suggests that pay growth should not be a drag on the Bank of England’s upcoming interest rate decision. The economic picture is still challenging for employers, with pressures beyond their control. A genuinely pro-business, pro-growth autumn budget next month could provide much-needed relief, by avoiding unaffordable tax rises on business, committing to real practicality on the Employment Rights Bill, supporting flexible work and reforming public sector hiring.’ The KPMG and REC, UK report on bobs is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 UK recruitment and employment consultancies. Survey responses were collected between September 11 and 24. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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