Britain's labour market showed tentative signs of stabilisation in July, when Andy Burnham became prime minister, as recruiters stopped shedding permanent staff, according to a survey on Monday that also showed a faster rise in starting salaries.
The monthly gauge of permanent job placements from the Recruitment and Employment Confederation trade body and accountants KPMG increased to 50.0 from 49.1, ending a 45-month downturn.
"With a new government in place, businesses will be looking for signs that the new policies can translate into greater confidence to invest and hire," said Callum Licence, head of advisory at KPMG UK and Switzerland.
