Vacancies and wages grew at the slowest pace since the pandemic lockdowns of early 2021, the report said Recession fears in the UK are forcing businesses to mothball hiring plans to keep costs at a minimum, a survey by auditing company KPMG and the Recruitment & Employment Confederation (REC) released on Tuesday showed. Hiring for permanent staff in the UK slumped for a third month in December, falling at the quickest pace since the pandemic lockdowns of early 2021. Vacancies grew at the slowest rate since February 2021 and were accompanied by the weakest pay raise in 20 months, the report said. “The jobs market l
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