UK pay growth accelerates in boost for workers, but vacancies fall – business live

Rolling coverage of the latest economic and financial newsFirms are continuing to cut back on vacancies, today’s jobs report shows, as the surge in job opportunities after Covid-19 lockdowns ended fades.There were an estimated 819,000 vacancies in the UK in November 2024 to January 2025; a decrease of 9,000, or 1.1%, from August to October 2024.“The number of employees on payroll was broadly unchanged in the last three months of the year, continuing a medium-term trend of slowing growth. The number of vacancies also continued to fall in the latest quarter, albeit more slowly, with the total number remaining a little above its pre-pandemic level. Continue reading...

Feb 17, 2025 - 23:30
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UK pay growth accelerates in boost for workers, but vacancies fall – business live

Rolling coverage of the latest economic and financial news

Firms are continuing to cut back on vacancies, today’s jobs report shows, as the surge in job opportunities after Covid-19 lockdowns ended fades.

There were an estimated 819,000 vacancies in the UK in November 2024 to January 2025; a decrease of 9,000, or 1.1%, from August to October 2024.

“The number of employees on payroll was broadly unchanged in the last three months of the year, continuing a medium-term trend of slowing growth. The number of vacancies also continued to fall in the latest quarter, albeit more slowly, with the total number remaining a little above its pre-pandemic level. Continue reading...

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