21 June 2016 - Janet Bird
The new national living wage will lead to a fall in retail sector job opportunities, new research suggests.
A survey of 2,110 UK employers by recruitment firm Manpower found only ten percent of respondents expected to increase their staffing levels between July and September this year.
Limiting the number of new jobs is one way in which employers can try to claw back the costs of the living wage, which was introduced in April.
The survey found that while employment levels in the UK are at an all-time high, and construction companies remain keen to ramp up hiring, job prospects in the hospitality, wholesale and retail sectors were a lot less promising.
Indeed, three months after the launch of the national living wage and amid uncertainties over the outcome of the EU referendum, the hiring intentions of retail employers were found to have fallen to their lowest level in five years.