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jobs market

  • UK job market weakens as economy set to worsen

    March 19, 2026

    The jobs market failed to provide more positive signs for the UK economy as official data suggested that fewer postings were available for job seekers. An estimate published on Thursday showed that the number of payrolled employees dropped by 49,000 in February while data showed a small rise in January. The Office for National Statistics [...]

  • UK jobs market ‘facing sustained shocks’

    March 9, 2026

    The Labour government is facing a rallying cry to ease the cost burden on businesses to avoid derailing a recovery in the jobs market. The latest jobs report from KPMG and the REC, the professional body for recruiters, showed hiring for permanent roles reaching a stabilising point in February with the pace of declines the [...]

  • Services sector cuts jobs and hikes prices after Reeves’ tax raid

    March 4, 2026

    The UK’s services sector has turned to hiking prices and shedding workers in an effort to balance the books in the face of rising cost pressures from government policy. Businesses activity picked up for the tenth-consecutive month in February, according to the latest Purchasing Manager’s Index (PMI) from S&P, but came amid a “solid” amount [...]

  • James Reed: Youth unemployment crisis will have decades-long impact

    February 25, 2026

    Those not working in their twenties are unlikely to start in their thirties. The youth unemployment crisis needs action, writes James Reed.

  • The Debate: Should AI be used to make hiring decisions?

    February 25, 2026

    Would you trust AI to pick out your CV, or should hiring be left to humans? We hear the case for and against in this week's Debate.

  • Bank of England chief: Interest rate cut is an ‘open question’

    February 24, 2026

    The governor of the Bank of England has said that an interest rate cut in March was an “open question” as policymakers suggested the jobs market would remain weak over the coming months.  Appearing before the Treasury Select Committee on Tuesday, Andrew Bailey said he had not seen enough evidence to back an interest rate [...]

  • UK unemployment will surpass pandemic high, says JP Morgan

    February 24, 2026

    UK unemployment will brush past its peak in the Covid-19 pandemic, Wall Street’s biggest bank has predicted, as employer’s still feel the brunt of Rachel Reeves’ cash grabs. The rate of unemployed Brits is tipped to reach 5.5 per cent by the late spring, according to a forecast by JP Morgan, which would mark an [...]

  • Starmer sticks to youth minimum wage pledge despite jobs fears

    February 18, 2026

    The government will stick to the Labour party’s manifesto commitment to equalise the minimum wage despite speculation it would row back on the pledge over unemployment fears, the Prime Minister has said. Speaking on Wednesday, Sir Keir Starmer said: “We’ve made commitments to young people in our manifesto, and we will keep to those commitments, [...]

  • Unemployment hits post-pandemic high as wage growth slips

    February 17, 2026

    The labour market continued to loosen in the final quarter of last year, official figures show, with wage growth easing and unemployment climbing steadily higher.  The rate of joblessness crept up to 5.2 per cent between October and December, according to the Office for National Statistics (ONS), the highest level since early 2021 and slightly [...]

  • FTSE 100 Live: Unemployment rises; Debenhams’ £35m raise

    February 17, 2026

    Good morning and welcome back to the City AM liveblog. The UK unemployment rate has risen again this morning, with fresh data from the Office for National Statistics (ONS) showing the rate had surged to 5.2 per cent in the three months to December 2025. This was up from 5.1 per cent in the latest [...]

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