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Insider UK
Insider UK
Business
Peter A Walker

Hiring activity weakens again in November

Hiring activity fell across Scotland again in November amid greater economic uncertainty and strong cost pressures.

For the second month running, the latest Royal Bank of Scotland Report on Jobs survey found that both permanent staff hires and temporary billings fell, with the former recording the quickest reduction since June 2020.

While staff availability continued to deteriorate, demand for labour expanded at a softer, but still strong rate. The ongoing imbalance of labour demand and supply led to further rises in both starting salaries and short-temp pay.

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