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jobs market

  • Unemployment back up as UK job vacancies fall

    May 19, 2026

    Unemployment crept back up despite a fall in last month’s data as it was shown that the UK jobs market weakened in the last quarter. The Office for National Statistics said the UK unemployment rate was five per cent in the three months to March 2026. The unemployment rate had dropped to 4.9 per cent [...]

  • London to be hit hardest as jobs market struggles through 2026

    May 11, 2026

    The jobs market is set to worsen throughout the year, with UK employment forecast to suffer a net loss of 163,000 jobs. That’s according to research from the ITEM Club, which has found that London is set to bear the largest absolute decline, shedding an estimated 25,000 positions as its retail and hospitality sectors slow. [...]

  • Businesses cut jobs for 19 consecutive months yet ‘growth holds up’

    May 6, 2026

    Businesses have now cut jobs for 19 consecutive months as researchers warned that higher payroll costs and productivity gains have forced employers in the services sector to rethink hiring plans. Results from S&P Global’s purchasing managers’ index (PMI) suggested that lower staffing numbers across the UK’s dominant services sector have been recorded in each month [...]

  • Job vacancies fall to lowest level in five years

    April 21, 2026

    The UK jobs market took a turn for the worst as job vacancies fell to their lowest level in nearly five years, according to official figures. The Office for National Statistics (ONS) said the number of vacancies fell by an estimate of 29,000 in the three months to March. It is the lowest level of [...]

  • Unemployment to peak at 5.8 per cent as jobs market faces ‘biggest hit’ since pandemic

    April 20, 2026

    Britain is set to be “pushed to the brink of a technical recession” in the coming year as the economic fallout of the war in Iran dampens growth prospects and sends unemployment soaring. The latest Item Club report sees the UK economy flatlining in the second and third quarters as it digests the consequences of [...]

  • UK economy ‘too weak’ to suffer from sky high inflation

    April 17, 2026

    The UK economy will not suffer from a return of persistent high inflation because its labour market is too weak for staff to demand pay rises, a top investment bank has said. In a research note, Berenberg said that the government’s tighter grasp on the public finances and its rapidly deteriorating jobs market mean households [...]

  • UK suffered biggest unemployment surge in G7 

    April 16, 2026

    UK unemployment rose at a faster pace than any country in the G7, the OECD has said, with a sharp rise in joblessness particularly damaging for the youngest people.  Unemployment levels across the country rose sharply by 0.8 percentage points over the year to 5.2 per cent between the last three months of 2024 and [...]

  • Firms slash jobs at fastest pace this year and pay growth slows 

    April 13, 2026

    Businesses slashed jobs at the fastest pace in 2026 as employers also resisted giving staff big pay increases over March, research has suggested, exposing the Iran war’s damaging effects on all sides of the UK economy.  Research by the Recruitment and Employment Confederation (REC) and KPMG said there was a steeper rise in the number [...]

  • Londonmaxxing could save the capital’s jobs market

    April 8, 2026

    Can Londonmaxxing help revive the capital's flailing job market? Employment expert Kevin Fitzgerald thinks so.

  • Good news at last? Financial services sector rebounds at fastest rate this century

    April 7, 2026

    Britain’s financial services sector rebounded in the first three months of this year powered by the fastest single-quarter recovery since 1996, a closely watched survey found. According to the CBI’s industry-wide survey, sentiment among financial firms improved for the first time in nearly two years, as an uptick in profitability was aided by the uncertainty [...]

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