Permanent employment is growing at its slowest rate in over a year, according to accountants KPMG and the Recruitment and Employment Confederation.
Research showed that there was the lowest number of vacancies for permanent staff in 17 months and lowest growth in permanent placements in 13 months during October.
KPMG director Alan Nolan attributed the slump to the recent volatility in the financial market as it "casts its shadow" over the labour market.
"If this trend continues we may see job losses across the sectors which are particularly volatile," he added.
The study found that starting salaries for permanent roles rose for the 51st month in a row in October and temporary or contract pay also rose to a three-month high.
According to the Times, although confidence in the finance industry is "shaky", there will continue to be a steady flow of
banking jobs as market volatility generates trading activity.
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