Home Money Hiring in the private sector falls for the tenth consecutive month

Hiring in the private sector falls for the tenth consecutive month

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Recovery: Hiring intentions are expected to start to recover in September as forecasts suggest the Bank of England will cut interest rates this summer.

Private sector hiring has fallen for the tenth consecutive month, the longest decline since records began.

Accounting firm BDO said its employment index, which tracks the UK labor market, fell to the lowest level in more than a decade in April.

Recovery: Hiring intentions are expected to start to recover in September as forecasts suggest the Bank of England will cut interest rates this summer.

But hiring intentions are expected to start recovering in September as forecasts suggest the Bank of England will cut interest rates this summer.

It comes after figures last week showed the economy recovered from a recession.

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