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Labour market

  • Salesforce rolls out new AI tools amid escalating job concerns

    October 15, 2025

    US tech behemoth Salesforce unveiled ‘agentforce 360′ on Tuesday, its latest generative AI platform built to automate repetitive tasks, as concerns around AI’s impact on jobs continue to swirl, and the company itself navigates workforce reductions. Salesforce executives framed the platform as a way to augment rather than replace human workers, providing tools that allow [...]

  • Bosses’ inflation expectations highest in two years amid employment freeze

    October 2, 2025

    Fears that inflation will remain well above the Bank of England’s two per cent target intensified on Thursday, after a closely watched survey of businesses revealed bosses plan to raise prices at their fastest rate since the height of the cost-of-living crisis. British businesses also have the weakest hiring intentions since 2020 with firms expecting [...]

  • Whitehall pledges skills drive as AI wounds UK’s job market

    September 23, 2025

    The UK government is seeking to strike a balance between the promise and the perils of AI, with ministers insisting they are preparing for a range of outcomnes as the technology reshapes the labour market. Kanisha Narayan, a junior minister at the Department for Science, Innovation, and Technology (DSIT), said the administration was “monitoring data [...]

  • Employment Bill sparks SME fear over costs and red tape

    September 2, 2025

    Small and medium-sized enterprises (SMEs) have voiced growing concerns over the government’s sweeping Employment Rights Bill, warning that the reforms could place a disproportionate strain on firms already grappling with rising costs and a challenging economic climate. The legislation, billed as the most significant upgrade to workplace protections in a generation, is due for its third reading [...]

  • Dovish Powell hints at more rate cuts in US

    August 22, 2025

    The Federal Reserve is likely to cut US interest rates at its next decision in September, Jay Powell has said, despite the country’s softening labour market being in conflict with upward pressure in prices from Donald Trump’s tariffs. In an eagerly anticipated address at the Jackson Hole symposium, the Fed chair highlighted slower economic growth, [...]

  • Wage growth hits five per cent as more jobs shed

    August 12, 2025

    Wage growth hit five per cent June as more jobs were shed due to higher labour costs introduced by Chancellor Rachel Reeves, official data has revealed. Pay growth excluding bonuses in the three months to June was the same as the month before, according to the Office for National Statistics (ONS), in a caution to [...]

  • Starting pay growth at slowest pace since 2021

    August 11, 2025

    Pay for new hires rose at the slowest pace in over four years, fresh data has indicated, in signs redundancies and higher taxes are depressing wage growth.  The lack of demand among recruiters and the larger number of job seekers in the UK economy has led to starting salary inflation slowing down to its lowest [...]

  • UK economy sees fastest services orders slowdown since Liz Truss

    August 5, 2025

    Hopes of a quick recovery to the UK economy are fading as orders in the services sector fell at the fastest rate since Liz Truss’ mini-budget in late 2022, fresh data has suggested. S&P Global’s latest composite purchasing managers’ index (PMI) showed a fall from a score of 52 in June to 51.5, which remains [...]

  • Trump removes jobs data official after employment report

    August 2, 2025

    President Donald Trump has removed the head of the agency that produces monthly jobs figures for the US after a report showed hiring slowed in July and was much weaker in May and June than previously reported. Trump, in a post on his social media platform, alleged that the figures were manipulated for political reasons [...]

  • UK sees ‘small burst’ in hiring in sign of growth

    July 24, 2025

    The UK labour market saw a “small burst” in demand for jobs in June but postings remain below levels seen last year, fresh data has found, with brutal tax rises introduced in April by Chancellor Rachel Reeves weighing on employers.  In new jobs figures published by the Recruitment and Employment Confederation (REC) and Lightcast, the [...]

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