In November 2023, overall UK job advertisements fell 2.72% compared with October, and are down 8.55% compared with last year.
Job creation and losses
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Online marketplace Etsy is shedding 225 jobs, about 11% of its workforce, as part of a plan to bring down its costs.
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Games and toy maker Hasbro announces 1,100 job cuts globally in addition to a cut of 800 roles earlier this year.
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Nationwide is to undergo a restructure that will put 470 jobs at risk of redundancy.
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UK's economic prospects were not helped by the government's 'pro-election rather than pro-economy decision on immigration' says REC.
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Spotify's CEO has announced plans to cut one in six jobs to ensure it is 'right-sized' for future challenges.
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The high numbers were partly accounted for by the fact just over half (15,067) of these new joiners were educated in the UK.
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Thousands of jobs in the banking sector are potentially at risk, with Barclays and Lloyds Banking Group planning to restructure in some departments.
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Capita is to make around 900 redundancies as part of efforts to cut costs. It is expected to save the company £60m a year from Q1 2024.
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One in four UK jobs are 'bad jobs', with women more likely than men to be in poor-quality employment, according to an economist.
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CIPD ACE: Training and reskilling is the best response to the growth of artificial intelligence, according to economist Daniel Susskind.
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Permanent hires decreased for a further consecutive month in October, according to the latest Report on Jobs.
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British Steel plans to close its blast furnaces in Scunthorpe, which would reportedly put around 2,000 jobs at risk.
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Danish shipping giant Maersk is to cut 3,500 more jobs due to lower freight rates and demand.
The firm had... -
Tech billionaire Elon Musk has predicted that artificial intelligence will eliminate the need to have a job.