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UK labour market cools further, online jobs data shows
Vacancies dropped 15% by end of 2025 amid rising payroll taxes and inflation, with 2.3 applicants per role marking highest competition since 2021 lockdown, Adzuna data shows.
- Adzuna's December data showed vacancies fell 4% to just shy of 716,800, with unfilled positions declining 15 per cent from the end of 2024.
- The chancellor's October 2024 decision to raise NICs, with HMRC data showing a 20.7 billion increase, and the OBR estimating a 0.2% workforce reduction, pressured employers.
- Adzuna's breakdown showed fully remote adverts plunged to 45,581 in December, 42% lower year‑on‑year, while sectoral advertising for warehouse, hospitality, catering and retail roles fell sharply and competition rose to about 2.3 jobseekers per vacancy.
- Official figures last week put unemployment at a near five‑year high of 5.1 per cent as employers surveyed cut early‑career roles, hitting graduates and young workers.
- Rachel Fletcher of Morgan Stanley reported AI prompted firms to cut or hold about one role in four, with private sector activity expected to decline over the next three months.
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Coverage Details
Total News Sources6
Leaning Left0Leaning Right1Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
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