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Salaries on the rise but firms cutting back on new staff

North Devon Journal

June 26, 2025

STARTING salaries in the west of England are continuing to rise but companies across the region are cutting back on hiring new staff, new research has revealed.

Reduced recruitment and redundancies were linked to increases in candidate availability, according to the latest KPMG and REC, UK Report on Jobs: South of England survey, compiled by S&P Global.

The number of permanent jobs in the region fell for the 22nd month in a row during May, while demand for temporary staff also dropped.

Recruiters said the drop in hiring was linked to weaker market confidence, concerns over costs and recruitment freezes.

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