fromLondon Business News | Londonlovesbusiness.com
8 hours agoUK Hiring Falls to Five-Year Low with Job Demand Slump - London Business News | Londonlovesbusiness.com
Hiring in the UK weakened again in January, pushing advertised vacancies to their lowest level in five years, which may signal growing challenges for policymakers and labour analysts in maintaining employment levels. Vacancies declined by 3.05% month-on-month to 694,940 roles, marking the lowest level in five years and signalling a notable contraction in the UK labour market. The figures suggest the labour market is edging closer to pandemic-era conditions.