NewsBot
19-May-23, 08:10
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Britain's Workforce Expands - But Firms' Demand For Workers Is Cooling
Rising employment and falling economic inactivity drove a big expansion in the workforce in early 2023 - putting aside fears that it had been permanently shrunk by the pandemic. But more recent data showing falling vacancies and the first decline in payrolled employment in over two years, suggest that firms' demand for more workers is cooling, the Resolution Foundation said in response to the latest ONS labour market statistics. [Read Full Article (https://caithness-business.co.uk/article/20239)]
Britain's Workforce Expands - But Firms' Demand For Workers Is Cooling
Rising employment and falling economic inactivity drove a big expansion in the workforce in early 2023 - putting aside fears that it had been permanently shrunk by the pandemic. But more recent data showing falling vacancies and the first decline in payrolled employment in over two years, suggest that firms' demand for more workers is cooling, the Resolution Foundation said in response to the latest ONS labour market statistics. [Read Full Article (https://caithness-business.co.uk/article/20239)]