Business Regulation

BDO’s Employment Index falls for third consecutive month

Sectors currently witnessing the most pressure on jobs include construction, support services, food services, and wholesale and retail

The BDO Employment Index recorded its weakest reading in nearly a decade, falling for the third consecutive month to 102.72 (-2.23 points), as businesses struggle to maintain staffing numbers amid higher borrowing costs, elevated wage growth and weaker customer demand.

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