Tough market conditions weigh on British recruiters

Employers take longer to fill vacant positions due to economic and political uncertainties exacerbated by elections in Britain and France. Picture: iStock

British recruiters warned of tough hiring market conditions in the near term as workers avoid switching jobs and employers take longer to fill vacant positions due to economic and political uncertainties exacerbated by elections in Britain and France.

Higher interest rates and inflationary pressures have also weighed on recruitment companies leading to lay-offs or hiring freezes.