31/08/2026
News & Insights from Bollands💡
The UK jobs market showed strain, with job vacancies dropping to 707,000 in July, the lowest since 2014, as smaller firms hesitate to recruit due to rising costs. Despite this, the unemployment rate held steady at 4.9%. Regular earnings grew 3.5% annually, but private sector wage growth slowed to 2.8%. The number of payrolled employees fell 0.3% year-on-year. Overall, the labour market is subdued, marked by steady unemployment and softer wage growth. What do you think this means for the future? Leave a comment below! 💬
Read the full article here: https://www.bollands.com/news/uk-vacancies-fall-to-lowest-level-since-2014-as-hiring-slows