Skip to content
Tuesday 11 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,874.48
+0.11%
DAX
26,379.56
+0.21%
CAC 40
8,732.29
+0.07%
STOXX 50
6,549.74
+0.22%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 11 October 2023 6:00 am  |  Updated:  Tuesday 10 October 2023 2:17 pm

Firms reluctant to recruit permanent staff, research suggests

By: Morning Wire reporter

Add as a preferred source on Google
Firms have been reluctant to take on new staff.
Firms have been reluctant to take on new staff.

Uncertainty over the economic outlook as well as rising costs are continuing to affect staff recruitment, new research suggests.

The Recruitment and Employment Confederation (REC) and KPMG found the number of permanent placements by recruiters fell in recent weeks as companies were reluctant to commit to hiring new workers.

The study among 400 recruitment firms also showed improved demand for short-term staff and increased availability of workers to fill vacancies.

Neil Carberry, REC chief executive, said: “Employers tell us they are feeling better about themselves as the year moves on, and today’s data does suggest the possibility of a turnaround in hiring over the next few months.

“Permanent placements have been falling for a year now from abnormal post-pandemic highs. While permanent hiring activity continues to slow, fewer firms reported a slowdown last month, leading to a much shallower rate of decline than most months recently.

“Likewise, temporary hiring remains robust with billings growing marginally in September – as they have most months this year.”

Press Association – Alan Jones

Read more

Businesses slam brakes on hiring over Burnham uncertainty

Andy Burnham speaking passionately at a public event, wearing a suit, highlighting his role as a prominent political figure.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Economics

Related Topics

  • Unemployment

Trending Articles

  • Nottingham Forest owner Marinakis sues Crystal Palace for defamation

  • Back to basics: Sainsbury’s gradual retreat from the British high street

  • Hargreaves Lansdown orders staff back to office

  • As it happened: Intel, Arm shares slide; Oil climbs higher

  • Thames Water faces fresh threat to survival after pensions regulation breach

More from Morning Wire

  • Businesses slam brakes on hiring over Burnham uncertainty

    Economics
    Andy Burnham speaking passionately at a public event, wearing a suit, highlighting his role as a prominent political figure.
  • Burnham facing calls to cut employment red tape as job seekers grow for 41 months

    Economics
    Office for National Statistics
  • Exclusive: Top FTSE executive recruiter goes bust after AI platform launch

    Business
    Consultancy sector and AI
  • Microsoft ‘back on track’, whilst Meta spending leaves investors ‘nervous’

    Tech
    Meta's Zuckerberg is leading the AI recruitment boom
  • The seven growth tests every Budget must pass

    Opinion
    Chancellor holding iconic red budget box outside Downing Street, symbolizing UKs annual budget announcement
  • Rightmove: Housebuilders face worst conditions since financial crisis

    Property
    Numerous For Sale and To Let signs from various real estate agents outside a brick building.
  • Monzo founder joins Anthropic as AI talent race heats up

    Tech
    Claude AI interface showcasing advanced features in a business setting
  • Manufacturers overcome gloomy economy as output surge continues

    Industrials
    Manufacturing sector faces mounting tribunal pressures amid economic uncertainty
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook