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Labour market

  • Vacancies back to pre-pandemic levels as UK jobs market slows

    January 16, 2025

    The number of vacancies in the UK economy has fallen back in line with pre-pandemic levels, according to new figures from the REC.

  • Forget the big infrastructure projects, SMEs are the key to unlocking growth

    January 15, 2025

    Dear Chancellor, forget the big infrastructure projects. Boosting the productivity of SMEs is the key to growth, writes Paul Ormerod.

  • 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.

  • 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.

  • Budget tax rises will ‘dampen hiring’ as jobs market remains muted

    November 8, 2024

    The latest report on jobs from KPMG and the Recruitment and Employment Confederation (REC) showed that the number of staff appointments in October fell to its lowest level since March.

  • London jobs market hit hard due to ‘frenzy of Budget speculation’

    October 29, 2024

    Muniya Barua, deputy chief executive at BusinessLDN, said that the "frenzy of Budget speculation" was weighing on employers' hiring intentions.

  • Wage growth eases again in boost for rate cut hopes

    October 15, 2024

    Strong wage growth has been a concern for policymakers at the Bank of England due to fears that it could keep cost pressures elevated, particularly in the labour-intensive services sector.

  • Growing labour market slack ‘strengthens case for further rate cuts’

    October 7, 2024

    "A greater number of candidates and reduced demand helped to limit pay growth," the survey said.

  • Adzuna: UK job-seekers face toughest market in three years

    September 30, 2024

    Tony Wilson, director at the Institute for Employment Studies, said the figures would be a "bit disappointing" for those who had been looking for "greener shoots" in the labour market.

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