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UK jobs market slows again, offering some inflation relief to Bank of England
Wage growth slowed to 4.8%, the lowest since May 2022, and job vacancies fell, easing inflation pressures but unemployment remains steady at 4.7%, official data shows.
- Britain's jobs market showed employment fell for a seventh consecutive month with wage growth slowing as of mid-September 2025.
- This trend follows payroll declines since February and slower hiring linked to April's tax hikes and national wage increases.
- Job vacancies decreased but stayed at 728,000 during the three months to August, while in July, pay increases agreed by employers were at their slowest pace in over three and a half years.
- Regular wage growth dropped to 4.8% in the three months to July, its lowest since May 2022, while unemployment held steady at 4.7%, the highest since mid-2021.
- These signs of cooling labor market activity provide some relief to the Bank of England as it balances inflation risks, with interest rates kept at 4% in the latest review.
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15 Articles
15 Articles
UK jobs market slows again as payrolls, wage growth dip
Britain's jobs market has lost more steam, according to official data, with employment falling for a seventh month in row and wage growth slowing, potentially easing worries at the Bank of England about persistent inflation pressures.
·Ireland
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Total News Sources15
Leaning Left2Leaning Right3Center5Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 20%
C 50%
R 30%
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