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flag UK hiring outlook hits record low post-pandemic due to cost pressures and weak business confidence.

flag The UK's hiring outlook has hit a record low since the start of the pandemic, driven by weak business confidence and rising costs. flag According to the CIPD, the employment intentions gauge has dropped from +13 to +8, with large private-sector employers significantly contributing to this decline. flag The KPMG and Recruitment and Employment Confederation survey also noted a decrease in job placements and a sharp surge in job candidates due to company restructuring and redundancies. flag Despite some optimism for the second half of the year, uncertainty remains a key factor affecting hiring.

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