A poll of employers across nine different industry sectors found a net balance of just 4% were planning to increase staff levels rather than make cuts in the final months of the year. London and the south-east are home to the most pessimistic firms, where the outlook has fallen to 0% and 3% respectively.
The latest ONS data provided signs that the jobs boom has petered out following the slowdown in growth in the first half of 2017.
The recent figures from the ONS found that output per hour worked rose by 0.9% between the second and third quarters of 2017.
The Resolution Foundation thinktank published a report finding that one in 10 of Britain’s workers put in paid overtime last year but only one-fifth of them got the “time-and-a half” premium for their extra hours.
The share of employees working overtime has fallen from 17% in 1997 to 10% in 2016, the thinktank said, adding that the premium paid over wage rates had also shrunk.
Half of those doing paid overtime enjoyed a premium of at least 10% last year (down from 61% in 1997), while 20% of those doing overtime got “time and a half” (down from 25%).
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