Tag: job vacancies
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Vacancies Slump to Four-Year Low as Firms Brace for Budget
Overview: A Cautious Hiring Landscape Job vacancies have fallen to a four-year low as businesses prepare for the upcoming Budget, signaling a cautious approach to recruitment amid potential tax rises and policy shifts. October data show visually convincing signs that employers are tightening the reins on hiring, with vacancies totaling 796,385—down more than 7% from…
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Vacancies Slump to Four-Year Low as Businesses Brace for Budget
Overview: A cautious hiring landscape as the Budget looms Job vacancies have fallen to a four-year low, signaling a cooling in the UK labor market as employers pause recruitment ahead of the upcoming Budget. Data shows October vacancies at 796,385, a more than 7% year-on-year decline and the steepest drop in years. Analysts say this…