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UK firms slash jobs as stagflation fears grow
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UK companies are cutting jobs at the fastest rate since the first year of the Covid-19 pandemic, as the economy continues to stall
The latest poll of purchasing managers at British firms has found that staffing numbers are falling again this month, which it blames on “higher payroll costs and weak demand”.
Data provider S&P Global reports that the fall in staffing this month is the sharpest since November 2020, with some companies blaming policies announced in last autumn’s budget (such as the increase in employers’ national insurance contributions from April).
Companies say that new business fell so far this month, at the fastest rate in one and-a-half years.
Business confidence index, business lending, business investment have all fallen. Car sales and housing starts down. Retail and online sales both down.
Full impact of budget yet to come.
Will Labour turn it around.
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"UK companies are cutting jobs at the fastest rate since the first year of the Covid-19 pandemic, as the economy continues to stall
The latest poll of purchasing managers at British firms has found that staffing numbers are falling again this month, which it blames on “higher payroll costs and weak demand”.
Data provider S&P Global reports that the fall in staffing this month is the sharpest since November 2020, with some companies blaming policies announced in last autumn’s budget (such as the increase in employers’ national insurance contributions from April).
Companies say that new business fell so far this month, at the fastest rate in one and-a-half years.
Business confidence index, business lending, business investment have all fallen. Car sales and housing starts down. Retail and online sales both down.
Full impact of budget yet to come.
Will Labour turn it around.
"
No. |
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"Budget surplus announced, 5bn less than forecast by always useless OBR. Tax rises inevitable next budget."
But didn't they promise to not increase taxes on working people? If it does continue to go downwards Labour will have to either break that pledge or the borrowing pledge. |
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"Budget surplus announced, 5bn less than forecast by always useless OBR. Tax rises inevitable next budget.
But didn't they promise to not increase taxes on working people? If it does continue to go downwards Labour will have to either break that pledge or the borrowing pledge. "
Fuel duty bound to be hammered in budget. Bad luck to all those working drivers. |
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"Budget surplus announced, 5bn less than forecast by always useless OBR. Tax rises inevitable next budget.
But didn't they promise to not increase taxes on working people? If it does continue to go downwards Labour will have to either break that pledge or the borrowing pledge.
Fuel duty bound to be hammered in budget. Bad luck to all those working drivers."
More jobs at risk if fuel goes up.
And more expensive to get to work.
And Alcohol.
More pubs shut more jobs gone.
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Nope, they've focused their strategy on a blackhole. Most people are thinkng that's not my fault, it's not the motivating factor Labour thought it would be.
They should have taken a more positive tack, and instead of punishing people for not supporting them, they should have praised them for their hardwork and be pro active by helping them. |
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"Nope, they've focused their strategy on a blackhole. Most people are thinkng that's not my fault, it's not the motivating factor Labour thought it would be.
They should have taken a more positive tack, and instead of punishing people for not supporting them, they should have praised them for their hardwork and be pro active by helping them."
So basically more support for Buiness and posably should have been a smaller rise in minimum wage and benefits. |
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The number of new job postings in the UK rose by 34.4% in January 2025 when compared to December 2024, according to the latest Recruitment and Employment Confederation (REC)/ Lightcast monthly Labour Market Tracker.
It is no surprise to see January’s job postings well ahead of December’s but the 34.4% increase compares favorably to the 27.9% increase in new postings from December 2023 to January 2024.
Meanwhile, the number of overall active job postings in January 2025 was 1,516,535, an increase of 7.2% on the number of job postings in December 2024. This marks the first time that job postings have risen since June 2024.
Every region in the UK saw a rise in active job postings, the largest rise was in the East Midlands (11.7%) and the smallest was in London (3.4%). |
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"The number of new job postings in the UK rose by 34.4% in January 2025 when compared to December 2024, according to the latest Recruitment and Employment Confederation (REC)/ Lightcast monthly Labour Market Tracker.
It is no surprise to see January’s job postings well ahead of December’s but the 34.4% increase compares favorably to the 27.9% increase in new postings from December 2023 to January 2024.
Meanwhile, the number of overall active job postings in January 2025 was 1,516,535, an increase of 7.2% on the number of job postings in December 2024. This marks the first time that job postings have risen since June 2024.
Every region in the UK saw a rise in active job postings, the largest rise was in the East Midlands (11.7%) and the smallest was in London (3.4%)."
Great copy and paste 👍 🤭 |
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"
Great copy and paste 👍 🤭"
glad you liked it. 
here's some more facts ....
The January 2025 figures show employers coming back to the job market as the new year begins, despite economic challenges, and indicates optimism in some sectors.
REC Deputy Chief Executive Kate Shoesmith said in a press release, “While there are tough conversations going on in boardrooms across the country, today’s report suggests it is too soon for gloom about the UK economy’s prospects overall for 2025. The increase in job postings is a clear sign that employers will hire when they need to. A 34.4% increase in new jobs signals a solid rebound in demand, showing that businesses remain resilient, despite both domestic and international headwinds.”
The Labour Market Tracker shows an increase in job postings this month for stonemasons and related trades (47.9%), gardeners and landscape gardeners (45.3%) and travel agents (43.0%).
Delivery staff saw the largest decrease in the number of job postings in January 2025. The Tracker said this aligns with reasonable estimates, as the demand for parcel delivery declines post-Christmas. The sharpest declines were found in: roundspersons and van salespersons - who deliver and sell goods - (-30.4%); postal workers, mail sorters, messengers and couriers (-47.4%); and delivery drivers and couriers (-73.4%).
The IT sector had a 1.3% increase in the number of job postings from December 2024 to January 2025.
Within construction, there were over 100,000 job postings in construction in January 2025. This is a 13.2% increase from December 2024.
In the retail sector, January 2025 figures showed there were over 160,000 job posts in the retail sector. This is an increase of 3.9% as compared to December 2024.
Shoesmith said, “The government’s increased focus on economic growth is encouraging."
 |
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"
Great copy and paste 👍 🤭
glad you liked it.
here's some more facts ....
The January 2025 figures show employers coming back to the job market as the new year begins, despite economic challenges, and indicates optimism in some sectors.
REC Deputy Chief Executive Kate Shoesmith said in a press release, “While there are tough conversations going on in boardrooms across the country, today’s report suggests it is too soon for gloom about the UK economy’s prospects overall for 2025. The increase in job postings is a clear sign that employers will hire when they need to. A 34.4% increase in new jobs signals a solid rebound in demand, showing that businesses remain resilient, despite both domestic and international headwinds.”
The Labour Market Tracker shows an increase in job postings this month for stonemasons and related trades (47.9%), gardeners and landscape gardeners (45.3%) and travel agents (43.0%).
Delivery staff saw the largest decrease in the number of job postings in January 2025. The Tracker said this aligns with reasonable estimates, as the demand for parcel delivery declines post-Christmas. The sharpest declines were found in: roundspersons and van salespersons - who deliver and sell goods - (-30.4%); postal workers, mail sorters, messengers and couriers (-47.4%); and delivery drivers and couriers (-73.4%).
The IT sector had a 1.3% increase in the number of job postings from December 2024 to January 2025.
Within construction, there were over 100,000 job postings in construction in January 2025. This is a 13.2% increase from December 2024.
In the retail sector, January 2025 figures showed there were over 160,000 job posts in the retail sector. This is an increase of 3.9% as compared to December 2024.
Shoesmith said, “The government’s increased focus on economic growth is encouraging."
"
Wonderful stuff. I did think for a moment you'd discovered capital letters ! 😂 |
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"
Great copy and paste 👍 🤭
glad you liked it.
here's some more facts ....
The January 2025 figures show employers coming back to the job market as the new year begins, despite economic challenges, and indicates optimism in some sectors.
REC Deputy Chief Executive Kate Shoesmith said in a press release, “While there are tough conversations going on in boardrooms across the country, today’s report suggests it is too soon for gloom about the UK economy’s prospects overall for 2025. The increase in job postings is a clear sign that employers will hire when they need to. A 34.4% increase in new jobs signals a solid rebound in demand, showing that businesses remain resilient, despite both domestic and international headwinds.”
The Labour Market Tracker shows an increase in job postings this month for stonemasons and related trades (47.9%), gardeners and landscape gardeners (45.3%) and travel agents (43.0%).
Delivery staff saw the largest decrease in the number of job postings in January 2025. The Tracker said this aligns with reasonable estimates, as the demand for parcel delivery declines post-Christmas. The sharpest declines were found in: roundspersons and van salespersons - who deliver and sell goods - (-30.4%); postal workers, mail sorters, messengers and couriers (-47.4%); and delivery drivers and couriers (-73.4%).
The IT sector had a 1.3% increase in the number of job postings from December 2024 to January 2025.
Within construction, there were over 100,000 job postings in construction in January 2025. This is a 13.2% increase from December 2024.
In the retail sector, January 2025 figures showed there were over 160,000 job posts in the retail sector. This is an increase of 3.9% as compared to December 2024.
Shoesmith said, “The government’s increased focus on economic growth is encouraging."
Wonderful stuff. I did think for a moment you'd discovered capital letters ! 😂"
fuck capital letters ... they're for arseholes and wankers |
Reply privately, Reply in forum +quote
or View forums list | |
"
Great copy and paste 👍 🤭
glad you liked it.
here's some more facts ....
The January 2025 figures show employers coming back to the job market as the new year begins, despite economic challenges, and indicates optimism in some sectors.
REC Deputy Chief Executive Kate Shoesmith said in a press release, “While there are tough conversations going on in boardrooms across the country, today’s report suggests it is too soon for gloom about the UK economy’s prospects overall for 2025. The increase in job postings is a clear sign that employers will hire when they need to. A 34.4% increase in new jobs signals a solid rebound in demand, showing that businesses remain resilient, despite both domestic and international headwinds.”
The Labour Market Tracker shows an increase in job postings this month for stonemasons and related trades (47.9%), gardeners and landscape gardeners (45.3%) and travel agents (43.0%).
Delivery staff saw the largest decrease in the number of job postings in January 2025. The Tracker said this aligns with reasonable estimates, as the demand for parcel delivery declines post-Christmas. The sharpest declines were found in: roundspersons and van salespersons - who deliver and sell goods - (-30.4%); postal workers, mail sorters, messengers and couriers (-47.4%); and delivery drivers and couriers (-73.4%).
The IT sector had a 1.3% increase in the number of job postings from December 2024 to January 2025.
Within construction, there were over 100,000 job postings in construction in January 2025. This is a 13.2% increase from December 2024.
In the retail sector, January 2025 figures showed there were over 160,000 job posts in the retail sector. This is an increase of 3.9% as compared to December 2024.
Shoesmith said, “The government’s increased focus on economic growth is encouraging."
Wonderful stuff. I did think for a moment you'd discovered capital letters ! 😂
fuck capital letters ... they're for arseholes and wankers "
yes punctuation and spelling two  |
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By *otMe66Man 12 hours ago
Terra Firma |
"The number of new job postings in the UK rose by 34.4% in January 2025 when compared to December 2024, according to the latest Recruitment and Employment Confederation (REC)/ Lightcast monthly Labour Market Tracker.
It is no surprise to see January’s job postings well ahead of December’s but the 34.4% increase compares favorably to the 27.9% increase in new postings from December 2023 to January 2024.
Meanwhile, the number of overall active job postings in January 2025 was 1,516,535, an increase of 7.2% on the number of job postings in December 2024. This marks the first time that job postings have risen since June 2024.
Every region in the UK saw a rise in active job postings, the largest rise was in the East Midlands (11.7%) and the smallest was in London (3.4%)."
That is wonderful how does that % of job vacancies compare to the number of job cuts that was mentioned in the OP. |
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The Office for National Statistics (ONS) reports that the number of businesses closing has increased significantly, exceeding the number of new businesses being created.
Business investment in the United Kingdom declined by 3.2% quarter-on-quarter in the three months to December 2024, reversing a 1.9% growth in the previous period, preliminary estimates showed. This marked the sharpest drop in business investment since the first quarter of 2021. On an annual basis, business investment fell 0.7%, following a downwardly revised 4.4% increase in the prior quarter. For the entire year, business investment rose by 0.8%. source: Office for National Statistics |
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"
Great copy and paste 👍 🤭
glad you liked it.
here's some more facts ....
The January 2025 figures show employers coming back to the job market as the new year begins, despite economic challenges, and indicates optimism in some sectors.
REC Deputy Chief Executive Kate Shoesmith said in a press release, “While there are tough conversations going on in boardrooms across the country, today’s report suggests it is too soon for gloom about the UK economy’s prospects overall for 2025. The increase in job postings is a clear sign that employers will hire when they need to. A 34.4% increase in new jobs signals a solid rebound in demand, showing that businesses remain resilient, despite both domestic and international headwinds.”
The Labour Market Tracker shows an increase in job postings this month for stonemasons and related trades (47.9%), gardeners and landscape gardeners (45.3%) and travel agents (43.0%).
Delivery staff saw the largest decrease in the number of job postings in January 2025. The Tracker said this aligns with reasonable estimates, as the demand for parcel delivery declines post-Christmas. The sharpest declines were found in: roundspersons and van salespersons - who deliver and sell goods - (-30.4%); postal workers, mail sorters, messengers and couriers (-47.4%); and delivery drivers and couriers (-73.4%).
The IT sector had a 1.3% increase in the number of job postings from December 2024 to January 2025.
Within construction, there were over 100,000 job postings in construction in January 2025. This is a 13.2% increase from December 2024.
In the retail sector, January 2025 figures showed there were over 160,000 job posts in the retail sector. This is an increase of 3.9% as compared to December 2024.
Shoesmith said, “The government’s increased focus on economic growth is encouraging."
"
I'd prefer to refer the ONS than the deputy CEO of a recruitment sector lobby group. Her statement about stonemasons is nothing shortnof imbecilic - there are fewer than 17000 people employed in a broader sector that just so happens to include stonemasons.
Meanwhile the ONS reported that the rolling prior 3 months vacancies in January fell for the 31st month in a row. A rather more telling statistic. |
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