Introduction: UK jobs to report shows that wearing growth slowdown to vicancies drop
Hello and welcome to our rolling coverage of business in financial markets and the world’s economy.
Gererinam growth in the UK has slowed, and the number of people in Payrolls fell to Britain’s jobs market continues to cool.
The latest UK labor market data, as released, shows that average regular earnings (excluding bonuses) Rose by 5.6% in January in March 2025, about 5.9% in the previous quarter.
Denwood to pay between bonuses also slowed – the rose by 5.5% on January-March, about 5.7% in the last three months 2024.
In January of March 2025, average weekly earnings were up to 5.6% in the year excluding bonuses and 5.5% between bonuses. Regular pay grown quickly in retail and hospital sector.
Read release ➡️ https://t.co/fgcmgwt23l Pic.twitter.com/nubynhu2by
– Office at National Statistics (Ads) (@ons) May 13, 2025
Although the payment growth slowed, earnings are still rising faster than prices in shops. Once you adjust for inflation, pay (as regular or total) Rose in 2.6% per year in both measures.
Minister for Employment: Alison McGovern said:
“Real payment growing with about 200,000 more people in work for publication of our Get Britain working plan.
“But we know that the government is a plan for the needs of the workers – in all our country. It’s why we continue to change Jobcentres who work in all who work on the good and good, and it is good for it to do it, and good return.”
However, today’s report and shows the drop in demand in the workers, such as UK companies adjust to growth in minimum wage, and higher national insurance contributions, which kicked in the beginning of April.
In Office for National Statistics Reports: The number crash employees accident in 33,000 in April, after 47,000 drop in March.
The annual basis, there 106,000 fewer Paylaced employees in April than a year ago in the court estimates.
In another sign that firms are cautious, the number of vacancies in the UK has fallen in January 42,000 in January, in 34th consecutive quarterly decline in the order. The biggest crash comes in the construction of the sector
Ads Director of Economic Statistics Liz McKown Says:
“Wage growth slowed slightly in the latest time but remains relatively strong, with the public and private sectors now a little difference.
“The wider picture continues to be out of the work market cooling, with the number of employees in the campaign falling in the first quarter of the year. The number of Job in the last time, when the rate of the decline in the last few months.”
Agendarum
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7am BST: UK Labor Market Report
-
10am BST: Zew Survey of Eurozone Eurovy confidence
-
10am BST: Environment, food and rural committee (EFRA) to quiz in CEO, CFO and Chair Tamises Water
-
1.30pm BST: US inflation report at April
The key is at least
The largest employment falls visa in the UK retail or hospital in the last quarter, reports Stephen Evans Leader executive lEarning and work in the Institute (50 & W).
Evans Adding:
Pay growth to the fastest in their sectors to rise in the minimum wage receives the result. That, along with the rises in the national insurance and other changes to show the presses of employers are facing. Time to tell whether this indicator is more widely slowdown or at the time of effect. “
Increased the cost of hiring workers in the UK is continuing to Leard job market, according to the Institute directors.
Alex Hall ChenPrincipal Policy Advisor for Employment to Institution on Directorssays:
“Today’s figures indicate declining the employer require for work in UK job market with the number of paylaced employees decreased in a month in 0.1% and vacancies in 0.1% and vacancies falling by 42,000 in the quarter.
“In the business case for hiring the finest month increased the increased employer of the national insurance contributions and super-increase increases at the minimum wage of the wage, the price of the price and hiring in Staff Riskier and I will give in the hiring of the work riskier and ran.
“If the government is to achieve an 80% of employment rate, you must get urgent activity to restore a business confidence in hiring changes in employment rights and employees. “
Economists: Fractis arrival in UK jobs market
Economists are around the UK’s jobs market appears to cool in recent months, to judge the Today’s work statistics.
Suren Thiru, Icisww Economic director, fears the use of the market cooling, saying:
“April’s drop in Payrolled Employment and Peace Rate growth suggests that the cracks in the labor market are, which double whammy of rising national insurance and national living creatures hit employers, exacerbated by elevated global uncertainty.
“While the reward remains unarmed, and down pressure a wrestling economy, soften jobs market and rising work costs should help put the pay set up in a firm downpiece.
“Although the more difficult times ahead for jobs market with the sinking of the trust and rising work costs will probably drive a small rise in free time, if the increase is limits in your skills to be limits to the limits of a minor.
“This growing softness in the market is likely to be adequate to persuade rate setters to leave a current coming to gradually cut the interest rates, it is a increase or uncertain.”
Paige TaoEconomist to PWC UK: Suggests the weakness jobs market does spur bank England to further interest rate cuts:
“If the last month’s labor for an early response to an early response to the upcoming Employer Tax Reshing Rises, this month’s figures confirm the clearer in four month fell from 33,000, and the dragon around ours.
“Gerana growth is cooled with the annual earnings between bonuses pointed by 0.2 percentage points on March – suggesting fading in the UK changes in the south, as in April in Green Metal Clinical to another month’s metal meeting.”
Lindsay JamesInvestment Strategist to CumorFear today’s jobs to be “the start of the expected slowdown” adding:
In the free time rate ticked up to 4.5% in January to March 2025, while crashing employee numbers fell 47,000 between February and March 2025 and a 63,000 in February in April 2025, to 761,000 in April 2025, notes at 34th in April.
“Growth in regular pay, excluding bonuses, Fell to 5.6% between January and March 2024, as did total pay, including bonuses, which dipped marginally to 5.5%. Despite the slight fall, with inflation currently at 2.6%, wage growth is still outpacing inflation at more than double the rate.
UK unemployment rate highest for summer 2021
The UK’s free time rate rides rose to the top of the nearly four years, today’s work market data shows.
In 4.5% in January-March, the Jobless rate for those age 16 and above was the highest with June-August 2021, when also recorded at 4.5%.
⚠️ In one-month UK Peace Rates Pro Feb & Mar was the sum of the Pandemic. Even if we stay around these one month rates, the official UK free time rate is to ask at least 4.6%. Runs are skewed at 5% before the Boe forecast $ GBP pic.twitter.com/v7us8o0su8
– Viraj Patel (@vpatelfx) May 13, 2025
Nicholas HyettInvestment Manager to Wealth club Says:
“The UK work market is painting a bit of a mixed picture. On one part of the leisure is a touch higher than the last month and vacancies are also refused. In other Mercedes, hotels and restaurants with a germination.
That is not a bode well for the business in the labor intensive hospitality and retail – with a higher payment and looming tax change both likely to push the costs. Fortunately in the wide rise in the hire adventure will be able to reach the stomach some extra costs of higher prices.
Here are the key made of the morning’s jobs report:
-
The UK employment rate for people age 16 to 64 years was estimated to 75.0% in January to March 2025. This is the above estimates of the year ago, but widely unchanged in the latest quarter.
-
In the UK free time rate for people old 16 years and over it was estimated to 4.5% on the January of March 2025. This is the above estimates of the year ago in the latest quarter.
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The UK economic unemployment rate for people old 16 to 64 years was estimated to 21.4% in January to March 2025. This is the below estimates of the year ago and the latest quarter.
Introduction: UK jobs to report shows that wearing growth slowdown to vicancies drop
Hello and welcome to our rolling coverage of business in financial markets and the world’s economy.
Gererinam growth in the UK has slowed, and the number of people in Payrolls fell to Britain’s jobs market continues to cool.
The latest UK labor market data, as released, shows that average regular earnings (excluding bonuses) Rose by 5.6% in January in March 2025, about 5.9% in the previous quarter.
Denwood to pay between bonuses also slowed – the rose by 5.5% on January-March, about 5.7% in the last three months 2024.
In January of March 2025, average weekly earnings were up to 5.6% in the year excluding bonuses and 5.5% between bonuses. Regular pay grown quickly in retail and hospital sector.
Read release ➡️ https://t.co/fgcmgwt23l Pic.twitter.com/nubynhu2by
– Office at National Statistics (Ads) (@ons) May 13, 2025
Although the payment growth slowed, earnings are still rising faster than prices in shops. Once you adjust for inflation, pay (as regular or total) Rose in 2.6% per year in both measures.
Minister for Employment: Alison McGovern said:
“Real payment growing with about 200,000 more people in work for publication of our Get Britain working plan.
“But we know that the government is a plan for the needs of the workers – in all our country. It’s why we continue to change Jobcentres who work in all who work on the good and good, and it is good for it to do it, and good return.”
However, today’s report and shows the drop in demand in the workers, such as UK companies adjust to growth in minimum wage, and higher national insurance contributions, which kicked in the beginning of April.
In Office for National Statistics Reports: The number crash employees accident in 33,000 in April, after 47,000 drop in March.
The annual basis, there 106,000 fewer Paylaced employees in April than a year ago in the court estimates.
In another sign that firms are cautious, the number of vacancies in the UK has fallen in January 42,000 in January, in 34th consecutive quarterly decline in the order. The biggest crash comes in the construction of the sector
Ads Director of Economic Statistics Liz McKown Says:
“Wage growth slowed slightly in the latest time but remains relatively strong, with the public and private sectors now a little difference.
“The wider picture continues to be out of the work market cooling, with the number of employees in the campaign falling in the first quarter of the year. The number of Job in the last time, when the rate of the decline in the last few months.”
Agendarum
-
7am BST: UK Labor Market Report
-
10am BST: Zew Survey of Eurozone Eurovy confidence
-
10am BST: Environment, food and rural committee (EFRA) to quiz in CEO, CFO and Chair Tamises Water
-
1.30pm BST: US inflation report at April