Bank urged to ‘release brake pedal’ as starting salary inflation drops to 34-month low February 8, 2024 Starting salary inflation slipped to its slowest rate since March 2021 and was comfortably below the series average
London jobs market struggles to recover from impact of hybrid working February 7, 2024 "The persistence of hybrid working and slowing in many professional services sectors continue to be factors weighing on hiring demand in the capital," the report noted.
Financial services should get out of London to find new talent, education secretary says February 6, 2024 Financial services firms should “get out more” to attract talent, Gillian Keegan has said.
Unemployment lower than previously thought according to ONS following revamp of data collection February 5, 2024 The ONS has been forced to improve the accuracy of its flagship Labour Force Survey after falling response rates raised questions about the accuracy of the data.
New visa wage thresholds for foreign workers to come in ‘within weeks’ January 30, 2024 New visa wage thresholds for foreign workers coming to the UK are set to be enforced “within weeks”, the Home Office has confirmed.
Rise of long-term sickness deepens regional inequalities, report finds January 29, 2024 Rising inactivity due to ill-health has been a worrying trend with the UK the only G7 nation where employment is still below pre-pandemic levels.
Childcare costs mean it makes ‘no financial sense for many mothers to work’: official report January 17, 2024 London’s economy could be being held back by around £5bn a year due to issues with childcare costs and shortages.
Wage growth continues falling as signs emerge of loosening labour market January 16, 2024 Policymakers at the Bank have repeatedly stressed that further progress is needed on wage growth to justify loosening policy.
Fears grow of deteriorating jobs market after recruitment firms update on 2023 January 16, 2024 On Monday morning Pagegroup became the third recruitment firm this year to reveal the impact that a slowing jobs market has had on its performance.
City’s jobs market slows at fastest rate since 2008, survey suggests January 15, 2024 According to recruitment firm Morgan McKinley, there were 42 per cent fewer jobs available in the financial services sector in the fourth quarter of last year than a year earlier.