Profit at Robert Walters wiped out as jobs market misery spreads January 14, 2025 The firm faced pressures across all its main markets, with income falling in Asia-Pacific, Europe and the UK.
Recuiter Pagegroup cuts more staff amid jobs market slowdown January 13, 2025 Gross profit in the final quarter of 2024 dropped to £196.7m, down from £237.5m in the same period the year before.
Hiring falls to 16-month low after Reeves’ ‘tough Budget’, survey shows January 9, 2025 Temporary billings also declined last month, and at a faster pace than typically seen during 2024.
UK firms shed jobs at fastest rate in three years amid payroll hikes January 6, 2025 Weak demand and higher payroll costs have led to the steepest decline in service sector jobs since January 2021, according to a new survey. Nearly a quarter of survey respondents reported a fall in workforce levels, while 12 per cent signalled a rise, data from the S&P Global UK Services PMI showed. “Service providers widely [...]
Retail jobs slashed as high costs lead to automation and outsourcing December 17, 2024 The number of jobs offered by the UK’s largest private sector employer – retail – has dropped again, as companies shift to outsourcing and automation in an effort to deal with higher costs. This trend has been ongoing for some time, and is responsible for both job loss and a lack of job creation as [...]
No ‘numerical’ migration target but UK should train own workers, minister says December 1, 2024 The UK won’t have a “numerical target” for net migration but should focus on training “our own workforce”, a cabinet minister has said. Pat McFadden has said the government wouldn’t be putting a figure on the level of net migration it wanted to see as part of the wider plan for change to be announced [...]
The Notebook: T’is the season of goodwill and charity. Here’s how to make yours count November 27, 2024 Christmas is when most of us become our most charitable, but here's how to make your goodwill actually count, writes James Reed.
Unemployment hotspots to get more NHS funding under new back to work plan November 26, 2024 Places with the highest levels of joblessness will get extra NHS support as the government bids to “get Britain working again”. Work and pensions secretary Liz Kendall will announce the plans today as part of wide-ranging reforms designed to tackle economic inactivity and deliver the government’s promise to bring more than two million people back [...]
Jobs market gets Christmas boost from seasonal hiring November 25, 2024 In October, there were 0.64 per cent more vacancies than there were six months ago, the first time the six-monthly reading has been positive in 2024.
‘A clear thumbs down’: UK business confidence slumped post-Budget November 22, 2024 The UK’s business optimism “slumped” in a downturn after the Autumn Budget, according to a closely watched survey of the private sector. S&P’s ‘flash’ purchasing managers’ index (PMI) came in at 49.9 in November, now below the neutral 50.0 threshold, down from 51.8 last month, and the lowest since October 2023. Firms reported a fractional [...]