“There’s no escaping the Brexit debate – and the impact on jobs is top of the agenda. Companies are holding their breath awaiting the outcome. And next week employees and employers could awake to a much changed jobs outlook – whatever the result.
“Uncertainty over the past couple of months has added to pressure on employers, leaving new jobs, investment and finances in doubt – and this could stay throughout the summer. The effects of the National Living Wage are only just being felt and advertised salaries are being cutback, falling 1% in April to £33,462 – the highest monthly percentage fall since September 2014.
“For those in work, rising wages are a positive sign that employers are keen to keep workers happy and focus on retention. After a period of adjustment, summer could see a calmer jobs market once again. But there is also a real risk that a Brexit could affect hiring for the next few years. A Leave vote would mean years of renegotiation, lower international investment, and a rocky political landscape, all of which may hurt hiring.”
