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Confidence falls to record low as employers face rising costs – CIPD

12/05/2025
The number of UK employers expecting to increase headcount in the next three months has fallen to a record low, outside of the pandemic, as they grapple with rising employment costs and growing global uncertainties, research from CIPD has revealed. The Labour Market Outlook from CIPD showed that the rate of employers expecting to increase headcount has fallen sharply among large private sector employers, and in retail in particular. In response, the CIPD has urged the Government to closely consult with employers and business bodies to limit the potential impact

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