According to the UK's statistics body, job vacancies have fallen to a five-year low as small firms reduce recruitment. The firms attribute this decision to rising labor and operating costs.
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UK Job Vacancies Reach Five-Year Low Amid Reduced Hiring by Small Firms
Job vacancies in the UK have declined to their lowest level in five years, primarily due to small firms scaling back on hiring. The firms have cited increased labor and operating costs as key factors influencing their hiring decisions.
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Job vacancies at five-year low as smaller firms scale back recruitment
UK Job Vacancies Reach Five-Year Low Amid Reduced Hiring by Small Firms