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Stock markets fall and oil jumps as Middle East conflict intensifies and AI boom falters – business live

Rolling coverage of the latest economic and financial news, as South Korea’s KOSPI index slumps by 8%UK companies opting to hire temporary workers over permanent staff, recruitment firms sayBritain’s jobs market cooled rapidly in May after employers cut back on hiring permanent staff, a survey this morning shows. The monthly Report on Jobs from accountants KPMG and the Recruitment and Employment Confederation, a trade body, showed permanent job placements fell at the fastest pace since July...

The Guardian Business 2d ago

UK companies opting to hire temporary workers over permanent staff, recruitment firms say

Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost pressures, according to a report. Recruiters reported a strong increase in offers of temporary roles in May, according to new research from KPMG and the Recruitment and Employment Confederation (REC).

The Guardian World 2d ago

UK companies opting to hire temporary workers over permanent staff, recruitment firms say

Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost pressures, according to a report. Recruiters reported a strong increase in offers of temporary roles in May, according to new research from KPMG and the Recruitment and Employment Confederation (REC).

The Guardian Business 2d ago

UK companies opting to hire temporary workers over permanent staff, recruitment firms say

Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost pressures, according to a report. Recruiters reported a strong increase in offers of temporary roles in May, according to new research from KPMG and the Recruitment and Employment Confederation (REC).

The Guardian Politics 2d ago

UK companies opting to hire temporary workers over permanent staff, recruitment firms say

Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost pressures, according to a report. Recruiters reported a strong increase in offers of temporary roles in May, according to new research from KPMG and the Recruitment and Employment Confederation (REC).

The Guardian UK 2d ago