Falling job vacancies may signal recession, recruiter warns

Quick Summary:

Firms were "spooked" by Budget and are rethinking hiring, says recruitment firm boss.

More than half of employers will pay the same or lower NICs on their staff wage bill, according to the Treasury, after a rise in the allowance for small businesses.

On Tuesday the latest official jobs figures will show whether a recent increase in the UK's unemployment rate has continued into October.

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Article Details

Category: Business

Markets: United KingdomIndia

Topics: Firms Rise Jobs According Vacancies October Government Official Economy Reed

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-15 @ 13:09:31 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 679 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 24416209

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 2 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 15 hours ago

Coverage Areas: United Kingdom

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News Language: English

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Publisher ID: #43

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