UK permanent wage growth eases, hiring steadies-KPMG
LONDON, Oct 3 (Reuters) Wages growth for permanent staff in Britain fell to its slowest in more than a year in September but demand for workers steadied, a survey showed on Wednesday.
The KPMG/REC report on jobs showed the index gauging salaries for permanent staff fell to 61.1 from 61.5 in August -- a 13-month low. The slowdown came as demand for permanent staff steadied, with an index reading of 60.2 versus 60.1 in August.
There was a slightly more upbeat picture for temporary workers, with the wages index rising to 59.0 from 58.5. The index for temporary staff placements rose to 57.7 from 57.3.
KPMG said the recent financial market tumoil had not yet affected hiring.
''Surprisingly,
there
are
no
signs
here
of
any
impact
from
the
credit
crunch
--
but
then
it
is
probably
too
early
to
look
for
any,''
said
Alan
Nolan
of
KPMG.
''The
overall
picture
of
a
tight
labour
market
remains.''
Reuters
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