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flag UK job market shows stabilization in February, with hiring decline slowing and vacancies falling at a record low rate, though still below pre-pandemic levels.

flag UK job market trends in February show signs of stabilization, with permanent hiring decline slowing to its weakest pace in nearly three years and job vacancies falling at the slowest rate in nine months. flag While hiring remains subdued due to high costs and economic uncertainty, temporary placements continued to weaken. flag The north of England saw growth in permanent roles, but retail and hospitality faced sharp declines. flag Engineering was the only sector with rising permanent hiring. flag Jobseekers increased, easing wage pressures, though vacancies remain nearly 9% below pre-pandemic levels.

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