UK employment hits decade low and expected to worsen, says report

Business | Business News UK hiring has slumped to a new decade low and is expected to worsen amid shrinking job vacancies, a new report says. Accounting and business advisory firm BDO said it has recorded UK employment at its weakest since August 2013 in its latest employment index report. The index dropped for a sixth consecutive month to a reading of 99.12 points. It said there were small upticks in optimism from business owners over December as the service sector experienced strong hiring demand. However, BDO predicts that UK GDP (gross domestic product) growth will remain stagnant in the coming months due to the ongoing effects…