2023 UK job vacancies decreased 27% to 949,000, below pre-pandemic levels, due to economic uncertainty and skills shortages.
UK job vacancies decreased by 27% in 2023, falling from 1.3 million to 949,000, according to Broadbean Technology's report. Despite the drop, hiring figures remain above pre-pandemic levels. The decline is attributed to economic uncertainty and impacted permanent roles more than temporary ones. Employers seeking resources face skills shortages, leading them to raise salaries amid budget constraints.
March 15, 2024
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