Job postings fall in November as firms cautious after Budget – REC
New job postings in November dropped by 14.4% to 622,156, matched by an 11.2% fall in active postings to 1,460,051.
The latest Recruitment and Employment Confederation (REC) Labour Market Tracker showed hiring slowed in November as employers put the brakes on recruitment before the Autumn Budget and as the Employment Rights Bill was being finalised.
New job postings in November dropped by 14.4% to 622,156, matched by an 11.2% fall in active postings to 1,460,051.
Despite the fall, active postings stayed above 1.4 million and were 3.2% higher than November last year.
Wales and Northern Ireland saw the smallest drops, both at 6.5%.
Five of the top 10 hiring hot spots were in Northern Ireland. Fermanagh and Omagh (up 19.2%), Gwynedd (up 13%) and Causeway Coast and Glens (up 8.4%) saw the largest increases in postings.
East Dunbartonshire (down 25.6%), Bedford (down 21.5%) and Central Bedfordshire (down 20.5%) had the sharpest falls.
Hiring for many Christmas-related roles was down compared to last year, likely due to concerns about the economy.
Neil Carberry, CEO at the REC, said: “November was a unique month with businesses’ worries on the upcoming Employment Rights Bill compounded by rampant Budget speculation that worried firms.












