Employers are finding it increasingly difficult to fill vacancies which is leading to higher wages - a report claims.
The KPMG/REC report shows that for April 07, wages for permanent staff rose on their index at the fastest rate for 82 months. Temporary staff rates eased which is surprising as the number of placements climbed to the highest rate for a decade.
Government fears of a wage price spiral have so far not materialised even though inflation is comparatively high for recent times - analysts preferring to put the blame on house price growth.
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