Survey: UK firms struggle to hire with Brexit, record low jobless rate - Reuters

A monthly survey by the Recruitment and Employment Confederation (REC) showed that the number of people recruited for permanent jobs in Britain grew at its slowest pace in nine months in July, Reuters reported.

Key Highlights:

“The survey showed there was no lack of appetite for hiring among employers, as the number of vacancies grew at the fastest pace since November 2017.

Britain’s unemployment rate has tumbled to its lowest level since 1975 at 4.2 percent and many employers have reported a shortage of EU migrants available for work since the Brexit vote in June 2016.

An REC spokeswoman said companies were continuing to flag the problem of fewer EU candidates for jobs in Britain.

Official data has shown that the number of EU immigrants to Britain fell to a five-year low last year.”