CBI responds to labour market statistics

Matthew Percival, Director, People & Skills, said:

“The UK’s labour market remains in a good place, although there are signs that firms are becoming more cautious in hiring staff, with vacancies edging down, and pay growth potentially at its peak.

“Amid a wider slowdown of the global economy, a Brexit deal is needed for firms and government to refocus on the domestic agenda, delivering productivity-enhancing investment in R&D, infrastructure and skills.”