UK Job Vacancies See First Drop in Over 2 Years But Private Hiring Stays Buoyant

UK job vacancies fell for the first time in over 2.5 years in September, pointing to a cooling labour market.

The fall in vacancies was marginal and mostly in the public sector.

Hiring of permanent staff continued its year-long decline but the drop was less severe than previous months.

REC chief says the slowdown in the jobs market seems to be levelling out.

Private sector demand remains relatively buoyant according to the survey.