Temp Workers See Jobs Drop Dramatically
The growth in temporary work placements eased dramatically in February, according to a new study.
The KPMG/REC survey from Markit said temp jobs have seen the slowest rate of growth since last August.
The study said the job market in Britain continues to grow but at a reduced rate, possibly because employers appear reluctant to sign off on new hires amid economic uncertainty.
Temp placements and contract staff billings in February dropped on the index from 55.5 to 51.6, while permanent placements eased from 53.2 to 52.7.
Markit economist Jack Kennedy said the statistics come amid reports of "clients being a more hesitant to sign-off on hiring".
A recent report from UK National Statistics (NS) indicated that full-time work was driving the growth in the jobs market.
But Mr Kennedy has pointed out that the NS classes a temporary contract for several weeks at the full-time rate as a full-time employee, whereas the KPMG/REC study deems that as temporary employment.
Although growth in pay rates was slightly higher in February, according to the study, soft growth appeared to hit both temporary and permanent work lists.
It added that vacancies, however, continued to rise.
"For six months employment has been rising at such a rapid pace that it seemed to be outstripping economic growth,," KPMG head of business services Bernard Brown said.
"Amid the doom and gloom of recent high street closures the jobs market made little sense, but the February figures suggest that uncertainty is beginning to reverberate in organisations across the country."