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Adzuna comments on Labour Market Stats: "A Leave vote would mean years of renegotiation, lower international investment, and a rocky political landscape, all of which may hurt hiring.”

Doug Monro, co-founder of Adzuna, comments:

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Adzuna

“There’s no escaping the Brexit debate – and the impact on jobs is top of the agenda. Companies are holding their breath awaiting the outcome. And next week employees and employers could awake to a much changed jobs outlook – whatever the result.

“Uncertainty over the past couple of months has added to pressure on employers, leaving new jobs, investment and finances in doubt –  and this could stay throughout the summer. The effects of the National Living Wage are only just being felt and advertised salaries are being cutback, falling 1% in April to £33,462 – the highest monthly percentage fall since September 2014.

“For those in work, rising wages are a positive sign that employers are keen to keep workers happy and focus on retention. After a period of adjustment, summer could see a calmer jobs market once again. But there is also a real risk that a Brexit could affect hiring for the next few years. A Leave vote would mean years of renegotiation, lower international investment, and a rocky political landscape, all of which may hurt hiring.”

www.adzuna.co.uk