Reeves has triggered ‘hiring recession', warn recruitment bosses [Yahoo! Finance]
ManpowerGroup (MAN)
Last manpowergroup earnings: 4/21 07:30 am
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Source: Yahoo! Finance
Rachel Reeves's record tax raid has pushed Britain into a “hiring recession” that has no end in sight, the country's biggest recruiters have warned. Michael Stull, of ManpowerGroup, said the Chancellor's £25bn raid on National Insurance contributions (NIC) had forced employers across the economy to cut jobs. “ Hiring just came to a halt in November,” he said, adding that part-time workers and low paid jobs would be hit hardest by the NIC increase. “The numbers are very similar to a recessionary period. I know we're not in a recessionary period, but from a hiring perspective, we are.” JC Townend, of Adecco, the world's second-largest staffing firm, said that while it was too early to deliver a decisive verdict on how employers were coping with the increase, hiring was likely to suffer. She said: “We have started to see early indications from our clients that they may need to offset these additional costs, which is likely to prompt a reassessment of their future workforce nee
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MAN
News
- ManpowerGroup Inc. (NYSE: MAN) had its price target lowered by analysts at Barclays PLC from $70.00 to $55.00. They now have an "underweight" rating on the stock.MarketBeat
- ManpowerGroup to Announce 4th Quarter 2024 Earnings ResultsPR Newswire
- Work from home staff less likely to be promoted, bosses admit [Yahoo! Finance]Yahoo! Finance
- We are in the midst of a hiring recession, especially in the UK: ManpowerGroup [CNBC]CNBC
- This ManpowerGroup Insider Increased Their Holding By 13% Last Year [Yahoo! Finance]Yahoo! Finance
MAN
Earnings
- 10/17/24 - Miss
MAN
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- MAN's page on the SEC website