Labour market

Both vacancies and salaries in the UK hit annual highs in March, according to the latest figures from Adzuna.

Despite the recent increase in National Insurance contributions, data from Brightmine, indicates that a sharp drop in pay awards is unlikely in the near term.

There are signs of momentum in the economy that may push back against the effects of rising costs, the REC has found.

Chancellor Rachel Reeves has welcomed new figures indicating an unexpected rate of growth for the UK economy in February.

SME hiring falls from 24% of companies in Q4 2024 to 20% in Q1 2025, while 17% have cut back on staff, according to the BCC.

British Steel could be nationalised as fears grow over the future of the company’s blast furnaces in Scunthorpe.
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Of all businesses surveyed about right to work checks, 80% answered at least one compliance question incorrectly, and are at risk of non-compliance.

'Army' of young people to be trained for green energy jobs and apprenticeships needed to deliver clean power by 2030. 

Closer alignment with the EU was becoming an urgent priority for many businesses, the IoD poll found.

The UK’s construction firms cut jobs at the fastest rate for four years in March as the sector’s downturn in activity continued.

JCB has said it will expand its US operations in response to President Trump’s tariffs – with the effect on UK jobs as yet unclear.

‘Exporters to the US will be forced to review the viability of the US as a destination for their goods, and as a supply chain location.’

DWP reduces level of support it offers to claimants of universal credit because of a shortage of work coaches at its Jobcentres.

Large organisations intensify focus on reshoring operations to mitigate concerns over supply chain pressures, according to research.

Data shows nearly 60% of organisations will need to raise wages, with three-quarters expecting challenges around pay gaps between job levels.