Labour market

The UK government faces a 'sliding doors' moment and must act now to avoid an AI 'jobs apocalypse', according to the IPPR.

Shadow work and pensions secretary Liz Kendall wants a 'culture change' in the benefits system.

Almost a third of employers will be more likely to hire contractors this year after the upcoming changes to IR35 rules to offset any overpayments.

Continued labour shortages caused by a ‘smaller active workforce’ and skills shortages were behind a much lower number of job postings in February.

The youth economic inactivity rate continues to rise significantly, unlike other age groups, according to the ONS.

Recruitment activity has continued to weaken, a pulse check of the UK’s job market taken during February has found.

Jobs in London and Southern England are expected to grow at a faster rate than the rest of the UK between now and 2027.

Rolls-Royce Submarines is to create more than 200 jobs at new offices in Cardiff and Glasgow.

Manufacturing giant Tata Group has confirmed it will invest £4bn in an electric vehicle battery plant in Somerset, creating around 4,000 jobs.

According to the latest monthly jobs market data from Adzuna, vacancies fell below 900,000 in January for the first time since April 2021.

The number of young people not in work, education or training at the end of 2023 increased, ONS reveals.

There were more than 870,000 new job postings in January 2024, and 1.8 million active job postings in the UK – a 4.2% increase from December 2023.

The Flexible After Fifty report from a roundtable that includes the CIPD and the British Chamber of Commerce, calls for older people to be more active in the workforce, with flexibility the key.

Pay growth barely continued to outpace inflation at the end of 2023, February 2024 labour market figures have shown.

One in five HR professionals expect significant problems with filling vacancies in early 2024, the CIPD finds.