UK jobs market cools as businesses warn over budget hit to hiring and prices

UK jobs market cools as businesses warn over budget hit to hiring and prices
By: The Guardian Posted On: November 12, 2024 View: 6

Rise in unemployment comes amid concerns over increase in employers’ national insurance contributionsCooling jobs market could be headache for ReevesBusiness live – latest updatesThe UK’s jobs market has shown further signs of cooling after a rise in unemployment in September while pay growth slowed, as business leaders said the budget could hit hiring demand and lead to higher prices.Figures from the Office for National Statistics (ONS) show the rate of unemployment rose to 4.3% in the three months to September, up from 4% the previous quarter, amid broader signs of a slowdown in the jobs market. Continue reading...

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