Employment

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UK Unemployment Rate Rises as Wage Growth Slows, Impacting Economic Outlook

Employment
News

UK unemployment has risen, while wage growth shows signs of slowing, reflecting a cooling labour market amid mounting economic pressures. Businesses are adjusting to inflation and higher National Insurance contributions,…

Million of UK Workers Set for £1,100 Pay Boost in Chancellor’s Budget Plan
- Economy
- Employment
The Chancellor's announcement is expected in Wednesday's Budget, based on recommendations from the Low Pay Commission.
Arezki AMIRI 29/10/24
UK Doctors Warn of Mass Exodus Over Labour’s Pension Cuts
- Employment
The UK's healthcare system is under threat of massive shake-up, with doctors and nurses predicting an exodus due to potential changes to pension benefits proposed in the forthcoming Budget.
Arezki AMIRI 24/10/24
DWP’s New Rule Could Open Paternity Leave Doors for 30,000 Fathers
- Employment
- Social Welfare
New changes may enable up to 10 million employees to benefit, including 30,000 fathers and partners who were not previously entitled to paternity leave.
Arezki AMIRI 23/10/24
DWP Alerts Workers: Major Sick Pay Rule Changes Could Impact 1.3 Million
- Employment
The proposed legislation could enable 1.3 million low-paid workers to claim statutory sick pay from the first day of sickness.
Arezki AMIRI 22/10/24
UK Firms Warn National Insurance Hike Could Jeopardise Jobs and Wage Growth
- Economy
- Employment
- Taxation
UK employers are concerned that higher national insurance could make it harder to hire and raise wages, affecting pubs and restaurants.
Lydia Amazouz 15/10/24
London Business Leaders Urge for Faster Work Visa Procedures to Boost Growth
- Economy
- Employment
Company managers stressed the importance of short-term work visas for London's economy and the need to speed up visa procedures to support growth.
Arezki AMIRI 08/10/24
UK Government Aims to Tackle Rising Long-Term Sick Leave with Bold Reforms
- Employment
- News
The UK government aims to reduce record high sick leave numbers, with plans for job support and healthcare reforms under review.
Arezki AMIRI 28/09/24
Keir Starmer Says Long-Term Sickness Benefit Claimants Should Seek Work
- News
- Employment
Prime Minister Keir Starmer recently stated that people on long-term sickness benefits should be encouraged to seek work.
Lydia Amazouz 25/09/24
DWP Unveils New Autumn Plan to Help Long-term Sick and Unemployed Individuals Return to Work
- Employment
- News
The Department for Work and Pensions (DWP) is set to release a new White Paper this Autumn aiming to boost employment by getting more unemployed and long-term sick people back into...
Lydia Amazouz 10/09/24
DWP Allows Universal Credit Recipients to Boost Earnings by £100 with New Scheme
- Social Welfare
- Employment
According to a new DWP report, Universal Credit claimants who are part of the Department for Work and Pensions' Intensive Work Search scheme can increase their earnings by almost £100 more over...
Lydia Amazouz 30/08/24
Indian and Nigerian Workers Outpaced Brits in UK Job Market – The Numbers May Surprise You
- Employment
HMRC data obtained by Freedom of Information request indicates that between 2019 and 2023 Indians and Nigerians took up more jobs in Britain than Britons. This trend implies significant changes...
Arezki AMIRI 13/08/24
Intel Announces Major Layoffs and Strategic Overhaul Amidst Financial Losses
- Employment
- News
Intel has announced it will be reducing its staff by 15% as part of a $10 billion plan to save money by 2025. This means that over 15,000 jobs will...
Lydia Amazouz 02/08/24
Labour Government Aims for ‘Fair Pay’ with Minimum Wage Changes Amid Cost of Living Crisis
- Economy
- Employment
- News
The UK Labour Government will shortly be announcing a complete restructure of the UK’s minimum wage system, in what amounts to a momentous shift in policy. According to the new...
Arezki AMIRI 28/07/24
DWP to Direct Claimants to ‘Focus on Work’ Amid Benefits Overhaul
- Employment
With the labour government, the Department for Work and Pensions (DWP) is set to change its priorities from welfare to work, according to the department's new minister. UK Labour to...
Lydia Amazouz 26/07/24
New Jobcentre Rules Impact Universal Credit and PIP Claimants
- Employment
- Social Welfare
Liz Kendall, the new head of the Department for Work and Pensions, has launched a decisive initiative aimed at addressing unemployment. Labour Cabinet Member Criticizes Conservative Approach to Universal Credit...
Lydia Amazouz 24/07/24
DWP Jobcentres and NHS Services Join Forces to Get People Back to Work
- Employment
A new proposal suggests that Jobcentres, which serves those using Department for Work and Pensions (DWP) and Universal Credit across the UK, should integrate NHS services in order to get...
Lydia Amazouz 22/07/24
DWP Set to Confirm Plan to Bring Unemployed and Disabled Individuals Back to the Workforce
- Employment
- Social Welfare
New Department for Work and Pensions (DWP) Secretary Liz Kendall is set to reaffirm Labour’s dedication to its manifesto Back-to-work plan, emphasizing that addressing economic inactivity is crucial to the...
Lydia Amazouz 11/07/24
Workers to Receive £1,654 Wage Increase under Labour Government
- Employment
Millions of employees are set to receive an important increase in their wages under the Labour government. The party has rolled out plans to revamp the minimum wage, providing a major...
Lydia Amazouz 09/07/24
UK Workers with AI Skills See 14% Wage Premium as Demand for Roles Soars
- Employment
According to PwC's most recent global AI employment barometer, UK workers are now offered a hefty 14 % wage premium for AI-savvy roles, underscoring the sector's extraordinary growth. The analysis,...
Lydia Amazouz 21/05/24
DWP to Extend Job Search Support Amid 900,000 UK Vacancies
- Social Welfare
- Economy
- Employment
The Department for Work and Pensions (DWP) has vowed to offer people additional time and assistance in order for them to find a job. The pledge comes as new Universal...
Lydia Amazouz 15/05/24
British Universities Cut Lecturers to Employ ‘Woke’ Assistants on £100K Salary
- Employment
- Economy
British universities find themselves in a paradoxical situation of axing hundreds of teaching positions and simultaneously hiring 'Woke'' Assistants with high salaries, some as high as £100,000. UK Universities in...
Arezki AMIRI 28/04/24
KPMG UK Revokes Foreign Graduate Job Offers Amidst Stringent Visa Regulations
- Employment
KPMG UK has cancelled employment offers for certain foreign graduates in the UK after the government strengthened visa requirements for abroad workers in an effort to reduce record immigration. KPMG...
Lydia Amazouz 24/04/24
UK Private Schools to Suffer Job and Budget Cuts Under Labour’s 20pc VAT
- Employment
Law firms have warned that private schools are being "forced" to anticipate redundancies in advance of Labour's planned 20% VAT on tuition fees. Following Sir Keir Starmer's proposal to tax...
Arezki AMIRI 16/04/24
Cooling UK Job Market Raises Concerns for Bank of England
- Employment
According to data released on Tuesday, the UK job market lost a little more of its inflationary heat, which gave the Bank of England some respite. However, persistent underlying issues...
Lydia Amazouz 16/04/24
New UK Employment Reforms: Wage Boosts, Tax Cuts, and Flexible Work Rules Revealed!
- Employment
Starting in April, the employment sector will be subject to a new legislation that will impact workers' pay and leave entitlements. Additionally, working parents will receive certain childcare benefits as...
Lydia Amazouz 30/03/24
Millions of UK Workers Set to Receive £160 Pay Rise in Coming Weeks
- Employment
Millions of UK workers could see a boost in their bank accounts starting April 7, as the UK's lowest-paid workers receive a salary increase, resulting in an additional £160 for...
Lydia Amazouz 28/03/24
UK Faces Loss of 8 Million Jobs Due To AI, Says Report
- Employment
Nearly 8 million jobs in the UK could be lost due to the omnipresence of artificial intelligence in almost every work field. New research has warned that the people most...
Lydia Amazouz 27/03/24
UK Workforce Hit by Longest Sick Leave since 1990 According to Think Tank
- Social Welfare
- Employment
Britain is currently facing its most significant and sustained rise in the number of working-age adults unable to work due to illness since the 1990s. This highlights the urgent need...
Lydia Amazouz 23/03/24
Junior Doctors to Extend Strike by Six Months
- Employment
In an ongoing salary dispute, junior doctors in England have overwhelmingly opted to carry out six months of further strike action. Junior Doctors Overwhelmingly Support Extended Strike Action The Health...
Lydia Amazouz 21/03/24
Wage Growth Slows while Unemployment Edges Up
- Employment
New data reveals that wage growth fell slightly short of expectations, pointing to a growing impact of the Bank of England's interest rate increase on the broader economy. UK Wage...
Lydia Amazouz 12/03/24
Decline in Job Vacancies Hits Fastest Pace in the UK as Companies Restrict Hiring
- Employment
Job vacancies in the UK have dropped to their lowest in three years as recruiters delay or suspend their hiring processes. A situation that considerably impacts the country's economy, already...
Lydia Amazouz 11/03/24
UK Construction Downturn Shows Signs of Relief, Yet Job Losses Accelerate
- Employment
- Housing & Real Estate
Last month, the UK construction industry showed glimpses of stability, offering a glimmer of hope after enduring more than two years of turbulence, according to a recent survey. Despite this...
Lydia Amazouz 06/03/24
London Overground Workers Secure £5,000 Pay Increase Following Strike Threat
- Economy
- Employment
Amidst the spectre of a potential strike, workers on the London Overground have successfully negotiated a three-year pay deal. The agreement includes significant pay hikes, particularly benefiting the lowest-paid employees,...
Lydia Amazouz 02/03/24
Body Shop Announces 75 Store Closures and Sheds Hundreds of Workers Across the UK
- Employment
The British cosmetics, skin care, and perfume company, The Body Shop, has announced the closure of 75 of its UK stores, resulting in the loss of hundreds of jobs, in a...
Arezki AMIRI 01/03/24
Sainsbury’s to Cut 1,500 Jobs as Part of Its Cost-Cutting Plan
- Employment
In a bid to streamline operations and reduce costs, Sainsbury’s, one of the UK's leading supermarkets, is set to implement significant changes that will impact its workforce. Understanding Sainsbury's Job...
Arezki AMIRI 01/03/24
PlayStation Cuts 900 Jobs in 8% Workforce Cut
- Employment
Sony's PlayStation division is making a bold move with plans to lay off 900 workers, constituting an 8% reduction in its workforce. Motivated by industry changes and a commitment to...
Lydia Amazouz 28/02/24
New Visa Salary Rules: Local Workers to Face Lower Pay Than Migrants
- Employment
Lawyers cautioned that under the upcoming new visa salary rules, UK workers face the potential of earning lower salaries than their foreign counterparts while performing identical job activities. This concerning...
Lydia Amazouz 26/02/24
Employment Opportunities Plummet as Interest Rate Impact Takes Hold
- Employment
Employment opportunities have declined significantly, experiencing a notable 15% drop. This downturn comes amidst a backdrop of escalating borrowing costs and a broader economic recession within the UK. Employment Opportunities...
Lydia Amazouz 26/02/24
High-Demand Careers in 2024: Europe’s Job Landscape with IT and Sustainability Wave
- Employment
According to LinkedIn, the dynamic landscape of job growth in Europe is currently being reshaped by the flourishing fields of IT, sales and marketing, data analytics, and sustainability. Unveiling a...
Lydia Amazouz 16/02/24
UK Employers Plan Lower Pay Rises as Economic Growth Slows
- Employment
Given the prevailing economic uncertainties, UK employers are considering reducing pay rises for their employees over the coming year. This decision reflects the cautious approach being taken by businesses against...
Arezki AMIRI 12/02/24
Microsoft Announces Layoff of 1,900 Employees; Game Industry Sees Up to 5,000 Job Cuts in January
- Employment
Microsoft is implementing a workforce reduction, affecting 1,900 employees across Activision Blizzard, Xbox and ZeniMax this week. The layoffs predominantly target positions within Activision Blizzard, but also extend to some...
Lydia Amazouz 27/01/24
Google’s Bold Restructuring: Navigating AI Integration with Impactful Layoffs
- Employment
In a significant organizational shift, Google plans to reassign staff from its large-customer sales team, which primarily handles major advertising clients, to the Google customer-solutions team focused on smaller and...
Lydia Amazouz 21/01/24
US Job Market Defies Predictions with Remarkable Growth in 2023
- Employment
The US job market ended 2023 with a robust expansion, adding 216,000 new jobs by the end of December, a figure that surpassed all expectations and reflected a healthy economy...
Lydia Amazouz 09/01/24

Econostrum's Employment section provides in-depth coverage of the UK job market, offering insights into employment trends, opportunities, and challenges. We focus on the evolving landscape of job availability across industries, effects of economic policies on employment, and strategies for career development. Our content includes updates on hiring practices, government job support schemes, and workforce skills enhancement. Whether you're a recent graduate, seasoned professional, or business leader, Econostrum equips you with knowledge and tips to navigate the UK job market effectively. Stay informed with our expert analyses and tips for advancing your career in today's competitive environment.