Job creation and losses

Job postings are down by a fifth over the past year, according to job site Indeed, but interest from foreign jobseekers has increased.

KPMG is expecting to make further job cuts to its client-facing and back office roles in an attempt to slash costs.

Increased use of GenAI is not replacing jobs, according to Nash Squared's pulse survey of technology leaders.

Asda has unveiled plans to outsource more than 100 roles to an Indian supplier, prompting fears of job cuts.

The Conservatives would recruit an additional 8,000 neighbourhood police officers over the next three years if they win the general election.

Permanent staff appointments continued to fall in May, according to the latest survey of UK recruitment consultants.

Active job postings in April this year were down 36% on the equivalent period in 2023, but remain above pre-pandemic levels.

The CIPD’s spring 2024 labour market outlook suggests maintaining headcount at the current level is preferred by most employers.

Trade union Unite has called TSB’s decision to axe 250 jobs and close 36 branches a ‘grave mistake’.

Starting salaries grew at a steeper rate in April 2024 as employers continued to battle for staff in a dwindling pool of suitable candidates.

Heineken UK is set to invest £39m in reopening and upgrading its pubs, creating an estimated 1,075 new jobs.

Pub and hotel company Whitbread will cut 1,500 jobs as it restructures its business.

Grocery and food delivery app Getir is closing down its UK business, with up to 1,500 job losses expected.

Tata Steel has threatened to withhold an enhanced redundancy package if employees go on strike.

Unemployment and economic inactivity both increased at the beginning of this year, April 2024 labour market figures show.