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UK job ads fall in August amid slowing hiring, rising pay, and economic uncertainty.
Britain’s job market is cooling, with online job ads falling 1.3% year-on-year in August—the first annual decline since February—though vacancies remain above January levels.
Average salaries rose 8.9% annually, outpacing inflation, fueling Bank of England concerns.
Hiring slowed due to higher costs, upcoming tax increases, and global uncertainty, with business confidence dropping.
Regional and sectoral differences persist, with healthcare and teaching seeing declines while retail and domestic roles grow.
Pay transparency remains low, and competition for jobs is high, especially in the north-east.
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Los anuncios de trabajo en el Reino Unido caen en agosto en medio de la desaceleración de la contratación, el aumento de los salarios y la incertidumbre económica.