The Caithness Business Index has posted the following article:

Cooling Labour Market Suggests Further Job Losses On The Way, As Youth Unemployment Approaches 10 Per Cent

[IMG][/IMG] A cooling labour market, with vacancies falling and youth unemployment rising to 9.8 per cent, suggest that further job losses could soon be on the way, the Resolution Foundation said in response to the latest ONS labour market statistics. The UK labour market was tight in late 2022, prompting nominal private sector growth to grow at its fastest rate outside of the pandemic (7.2 per cent) since records began in 2001. [Read Full Article]