fromBusiness Matters
3 days agoYouth jobless crisis deepens as AI and higher taxes hit hiring
Job vacancies in Britain have fallen to their lowest level in five years, with graduate recruitment bearing the brunt as employers contend with higher payroll costs and the rapid adoption of artificial intelligence. Data from Adzuna show that advertised vacancies dropped to 694,940 in January, down 16 per cent year-on-year and 3 per cent compared with December. It is the first time since January 2021 that the number of vacancies has dipped below 700,000.
UK news