
Stagflation fears deepen as UK jobs market continues to weaken – ONS
The latest figures showed UK unemployment increased to 5% from 4.9%, while job vacancies declined to around 705,000, the lowest level since early 2021.

The latest figures showed UK unemployment increased to 5% from 4.9%, while job vacancies declined to around 705,000, the lowest level since early 2021.

Chris Percival advised companies to review roles, consider the effect of AI, and define what success looked like before advertising.

Dan Challis said for many young people, especially those with fewer GCSEs or equivalent qualifications, the route into work can be unclear.

Administrative data from HM Revenue and Customs (HMRC) indicated payrolled employment fell by 121,000 (0.4%) between December 2024 and December 2025.

Retail and hospitality saw the biggest hit in December, with a fall of -2%.

In August to October 2025, payrolled employees dropped by 113,000 over the year and by 24,000 over the quarter.

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.

Reeves said these reforms are designed to create fairer opportunities for young people, safeguard pensioners’ incomes, and ensure businesses operate on a level playing field.

The survey found 55% of workers put job security first, especially among 18 to 34-year-olds, where that figure rose to 65%.

New analysis by the TUC shows one in eight workers were in insecure jobs in 2024, with growth concentrated in low-paid sectors and disproportionately affecting BME workers.

The employment index dropped again in June to 94.22, down from 94.32 in May and staying close to a 13-year low.

Scotland and the South West saw the biggest increase in total job postings, up 9.2% and 4.7% respectively.
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