Decline In Permanent Job Placements Eased In April

(Reuters) – THE PERMANENT PLACEMENTS INDICATOR, in the Recruitment and Employment Confederation/KPMG Report on Jobs, rose to 37.3 in April from 33.5 in March.

It is the slowest rate of decline in seven months; but still well below the 50-mark, which separates growth from contraction.

The rate of decline in billings for temporary staff also slowed to a seven-month low of 38.9 from 35.0.

Mike Stevens, a partner at consultancy firm KPMG, which co-sponsors the survey, said: ‘Improvement only means a reduction in the rate of deterioration. Permanent placements and temporary billings continued to fall — just at a slower rate.

‘The employment outlook is still worse than at any time in the 11-year history of the survey.’

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