BUSINESSTHE GUARDIAN WORLD
UK employers cut job vacancies as Burnham aims to lift living standards
UK employers reduced job vacancies to 712,000 in May, nearly half the 2022 level, amid a 'fragile' economic outlook linked to the Middle East conflict. Unemployment remained steady at 4.9%, presenting a challenge for Prime Minister Burnham's goal to improve living standards.
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Adjacent reporting
- UK rate of joblessness remains unchanged at 4.9% in three months to May, ONS figures show
- US employers pull back on hiring in June amid elevated inflation, global turmoil
- Burnham cuts VAT on household electricity bills; UK borrows less than expected in June – business live
- US hiring falls to just 57,000 in June as employers pull back amid elevated inflation, global turmoil
- UK economy grew 0.1% in May
- UK’s new PM Andy Burnham faces old problems