Stats body aims to publish key jobs data in late 2026 April 10, 2025 The UK’s official statistics body has set a target of November 2026 for the reform of its flagship Labour Force Survey (LFS), which monitors the UK jobs market. The Office for National Statistics (ONS) has been dogged by several troubles in data gathering, prompting criticism from the Bank of England as well as an intervention [...]
Bank of England still on track to cut interest rates despite surging wages February 18, 2025 "Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey said at an event in Brussels.
Labour market ‘creaking rather than cracking’ following Budget February 18, 2025 There's been a growing air of pessimism around the labour market since Labour's maiden Budget, and with good reason.
Employer confidence heading in the ‘wrong direction’ as firms plan job cuts February 17, 2025 A new survey suggests that more firms are planning job cuts in the next quarter than at any time in the last decade, excluding the pandemic. The latest labour market outlook from the Chartered Institute of Personnel and Development’s (CIPD) paints a bleak picture of the labour market, as firms plan job cuts in response [...]
National insurance hike has ‘taken a bite’ out of London labour market February 14, 2025 Permanent placements made by recruitment firms fell for the sixth consecutive month in January, according to a survey from KPMG and the REC.
Labour market: Vacancies ‘tumble’ in January ahead of Labour’s tax raid February 10, 2025 Demand for staff fell at its greatest extent since August 2020, a new report from KPMG and the Recruitment and Employment Confederation (REC) said.
UK economy: Wage growth was twice as high in Britain compared to the US January 28, 2025 The figures will reinforce concerns that high wage growth might prop up inflationary pressures in the economy in 2025.
Adzuna: Average salary hit £40,000 in December January 27, 2025 According to job search site Adzuna, the average annual advertised salary passed £40,000 for the first time in December.
UK economy: Stagflation concerns persist after worrying week January 24, 2025 Data out this week suggested that concerns about stagflation have not yet fallen off the agenda.
UK economy: Has the Budget broken the jobs market? January 21, 2025 Unemployment rose to 4.4 per cent in the three months to November, up from 4.3 per cent previously and the highest since last May.