Candidates for UK jobs dry up at fastest pace since 1997: survey

reuters.com – 05/06/14
The pool of good candidates available to fill permanent jobs in Britain shrank in May at the fastest pace in more than 16 years, according to a survey that suggested slack in the labor market may be rapidly disappearing.

Friday’s report from the Recruitment and Employment Confederation (REC) and KPMG also showed starting salaries continued to rise in May, although the pace eased slightly from April’s rate which was an almost seven-year high. The decline in the availability of permanent job candidates accelerated in May at the fastest pace since November 1997. Read More