By Suban Abdulla
LONDON (Reuters) -Britain’s labour market is showing more signs of cooling and businesses remain negative about their prospects in the coming months, according to surveys published on Monday.
Job search website Adzuna said online job adverts fell by 1.3% in the 12 months to August – the first such drop since February – and by 2.1% in month-on-month terms.
However, vacancies remained higher than in January, typically a peak hiring month, which suggested the jobs market is “cooling, not collapsing,” Adzuna said.
Advertised salaries rose 0.2% in monthly terms in August to 42,367 pounds ($56,589.60), and by 8.9% from a year earlier, underscoring the dilemma facing the Bank of England which is worried about a hiring slowdown but also inflation pressures.
“Salary growth rem