Britain’s unemployment rate has risen unexpectedly and the number of workers on payrolls has fallen by the most since the height of the pandemic, according to new figures from the Office for National Statistics (ONS).
It estimated that the number of payrolled employees had shrunk by 47,000 in December, the biggest drop since November 2020. The jobless rate meanwhile increased to 4.4 per cent in the three months to November, up from 4.3 per cent in the three months to October.
Vacancies for permanent jobs in the UK declined at their fastest pace for four years last month, according to a new survey that adds to the gloomy economic mood.
If you are an employer in the UK, or living in the UK and currently looking for work, we’re interested to hear about your recent experience of the job market in Britain.
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Rachel Reeves "must scrap her misguided jobs tax" as the UK labour market is under "major threat" following tax changes in the Autumn Budget, leading economists