31/08/2026
The latest labour market figures from the Office for National Statistics reveal strains in the UK jobs market. Job vacancies fell to 707,000 in the three months to July, the lowest since 2014, as smaller firms hesitate to hire due to rising costs. The unemployment rate remains at 4.9%, while the employment rate for 16- to 64-year-olds is 75.1%. Regular pay growth has slowed to 2.8% in the private sector, contrasting with 6.1% in the public sector. Overall, the labour market appears subdued. How do you see these trends affecting your industry? Share your thoughts below! π
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