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UK Job Vacancies Hit Five-Year Low as Small Firms Pull Back on Hiring

UK job vacancies have fallen to their lowest level in five years, driven by a sharp pullback in recruitment among smaller businesses. The Office for National St…

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UK Job Vacancies Hit Five-Year Low as Small Firms Pull Back on Hiring
Article image: UK Job Vacancies Hit Five-Year Low as Small Firms Pull Back on Hiring

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Excerpts from the article

  • UK job vacancies have fallen to their lowest level in five years, driven by a sharp pullback in recruitment among smaller businesses. The Office for…
  • The decline reflects a broader pattern of caution across the private sector. A quarterly survey of more than 2,000 businesses by the Chartered…
  • Redundancies have not risen. Instead, the market has settled into what the CIPD describes as a "low hire, low fire" stall. Only 26 per cent of…

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