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business / economy7 months ago

UK wage growth slows and vacancies drop, as labour market cools – business live

https://www.theguardian.com/business/live/2025/may/13/uk-wage-growth-slows-payrolls-vacancies-drop-thames-water-mps-us-inflation-business-live-newshttps://www.dailymail.co.uk/news/article-14705843/Labour-jobs-downturn-payroll-vacancies-Rachel-Reeves-NICs-unemployment.htmlhttps://www.actionforex.com/live-comments/596836-uk-payrolled-employment-falls-33k-wage-growth-remains-elevated/
Theguardian.com and 4 more
UK wage growth slows and vacancies drop, as labour market cools – business live Open in Theguardian.com
Highlights
  • UK wages increased 5.6% in early 2025, outpacing inflation at 2.6%, showing wage resilience amid economic challenges.
  • Labour market signs weaken as job vacancies drop by 34%, unemployment rises to 4.5%, and payrolled employment falls.
  • Rising employment costs and external pressures may slow job creation and wage growth, risking longer-term economic effects.
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References

Fall in payrolls and vacancies gathers pace as NICs raid hits

Fall in payrolls and vacancies gathers pace as NICs raid hits

UK payrolled employment falls -33k, wage growth remains elevated - Action Forex

UK payrolled employment falls -33k, wage growth remains elevated - Action Forex

UK wage growth slows and unemployment rate rises

UK wage growth slows and unemployment rate rises

Wage rate slows as unemployment rises - what it means for YOUR wallet

Wage rate slows as unemployment rises - what it means for YOUR wallet

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