UK permanent job hires rise for first time since 2022

UK permanent staff placements rose in August for the first time in nearly four years. The REC and KPMG survey showed starting salaries grew at the fastest rate since January.

FILE PHOTO: City workers walk through the City of London during the morning rush hour in London, Britain, June 9, 2026. REUTERS/Chris J. Ratcliffe/File Photo

Permanent staff placements across the United Kingdom rose for the first time in nearly four years during August, reaching 50.5 according to survey data published on Monday. The increase from July's neutral level of 50.0 signals a tentative labor market stabilization. For investors, the modest uptick points to potential easing in wage pressures across key sectors.

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