01/09/2026
Your Weekly JGBA News💡
The UK jobs market is showing signs of strain, with job vacancies dropping to 707,000, the lowest since 2014. While unemployment held at 4.9%, hiring has weakened, particularly among small firms facing rising costs. Annual wage growth was 3.5% overall, but private sector pay increased only 2.8%. Additionally, the number of payrolled employees decreased by 78,000 over the past year. The market remains subdued, with steady unemployment but reduced demand for hires. What are your thoughts on the current job market? Comment below! 💼