Many employers are scaling back recruitment plans to avoid paying new £7.20 minimum rate for over-25s, Manpower survey shows

George Osborne’s £7.20 national living wage is sending “shockwaves” through the labour market as employers seek ways to minimise the extra costs, one of Britain’s largest recruiters has said.

Manpower said its survey of 2,100 employers suggested many were scaling back recruitment plans for the rest of the year, with some blaming the new minimum pay for over-25s, which comes into effect next April.

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Source: The Guardian Circular Economy RSS