US EditionUK employers stay downbeat on hiring plans, surveys show
- A survey of 2,000 UK businesses reveals employer confidence has dropped to a record low outside the pandemic as many plan redundancies.
- This decline follows rising employment costs, the £25 billion National Insurance hike, global uncertainty, and concerns over the incoming Employment Rights Bill.
- Large private sector and retail employers show sharp falls in hiring intentions amid company restructuring and weaker staff demand in April.
- James Cockett of CIPD said employers now feel the full effect of National Insurance and living wage rises, while REC’s Neil Carberry noted cost pressures challenge recent modest recruitment gains.
- The situation implies a need for practical Employment Rights Bill changes and closer government-employer cooperation to ease costs and support hiring recovery.
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UK employers stay downbeat on hiring plans, surveys show
Gloom surrounds British employers' hiring plans after recent tax hikes and surging uncertainty in the global economy, according to surveys on Monday that chimed with the Bank of England's forecasts for a weakening labour market.
·United Kingdom
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Number of employers expecting to hire staff in short term falls to record low, as 1 in 4 expecting to make redundancies
The number of employers expecting to increase staff numbers in the next three months has fallen to a record low outside of the pandemic, new research suggests.
·London, United Kingdom
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The IndependentReposted by 
The Independent (US)
The Independent (US)One in four employers plan to make redundancies in next three months, report claims
The number of candidates for advertised jobs has increased substantially
·London, United Kingdom
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Total News Sources27
Leaning Left2Leaning Right3Center4Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 22%
C 44%
R 33%
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