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unemployment

  • Women in their forties drove January pension contribution surge

    February 25, 2026

    Women paid more into their pensions than men in January 2026, with females in their 40s driving the surge. According to retirement firm Pensionbee, female customers contributed 104 per cent of the amount men contributed, despite only accounting for 42 per cent of total customers, and marked just the second time in the firm’s history, [...]

  • Graduate jobs crisis: Here’s who is actually still hiring in 2026

    February 25, 2026

    The job market is looking bleak. For recent graduates it’s not just a downturn, but a great big wall blocking off access to an early career. But in a vicious, Darwinian struggle for a meagre handful of jobs, there could still be advantages for grads.  The whippersnapper hiring slowdown is a many-headed beast, but the [...]

  • Low-key Spring Statement still poses risks for Rachel Reeves

    February 25, 2026

    Just under a week from now the Chancellor will stand up and deliver the Spring Statement. We aren’t expecting any fireworks, not least because Rachel Reeves has made it clear that she only wants to preside over one major fiscal event a year, and that’s the Autumn Budget. Nevertheless, next Wednesday still has the potential [...]

  • 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.

  • 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 [...]

  • Three more interest rate cuts could come, Bank of England official says

    February 23, 2026

    The Bank of England could make three more interest rate cuts in order to reach its neutral level as inflation drops back to two per cent over the coming year, a Monetary Policy Committee member has suggested.  Alan Taylor, an external member who has consistently voted for larger interest rate cuts over the past year [...]

  • Job vacancies at lowest level since 2021 as London worst affected

    February 23, 2026

    The UK’s job market took another hit after total vacancies fell to the lowest level since 2021, with London the region facing the biggest drop in open roles.  The number of jobs advertised plummeted 16 per cent year-on-year to January, dipping below 700,000 for the first time since January 2021, according to job search platform [...]

  • 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, [...]

  • Employment Rights Act changes could cost Premier League clubs millions

    February 18, 2026

    Premier League clubs could be forced to pay millions in player dismissal fees when Labour changes to the Employment Rights Act come into force next year. It comes as the UK’s unemployment rate reached a near five-year high on Tuesday morning. The Employment Rights Act, a brainchild of former deputy Prime Minister Angela Rayner, will [...]

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