2 h. ago Dear Gen Z: Here’s how to not lose your mind when applying for jobs, according to a millennial

It’s official – UK unemployment has risen to its highest rate in four years. As young people scramble to find work and find themselves up against hundreds of other candidates, Helen Coffey offers her advice as a millennial who graduated smack-bang into the financial crash

Science

19 h. ago UK payrolls down by 178,000 over last year; Bundesbank chief defends central bank independence after Trump’s attacks on Powell – business live

UK company payrolls have fallen by 178,000 in last year, pushing unemployment rate to four-year highAnalysis: The rise in unemployment shows the UK jobs market is cooling, but it is not collapsingDeutsche Bank’s chief UK economist Sanjay Raja agrees that the UK’s labour market is continuing to cool, with both payrolls and vacancies down.Raja explains:Redundancies remain elevated with the May data showing a 114k increase in the three months to May – its highest level in three months. Jobs demand remains weak as hiring plans are near a standstill.This will continue to see unemployment rise – but we think this will be a slow grind higher as opposed to a whipsaw higher. For the MPC, despite the bump higher in inflation, the loosening in labour market should give the BoE reason to proceed with a gradual dial down of restrictive policy.The fallout in the labour market from the hikes in National Insurance Contributions and the minimum wage is not as big as previously thought. Even so, as p...

Economics

21 h. ago 'Woke' Jaguar Land Rover joins UK jobs bloodbath just two months after Starmer boasted of 'saving' staff... as unemployment hits four

The UK unemployment rate has risen to a four-year high, going from 4.6 per cent in the three months to April to 4.7 per cent in the three months to May.

Events

22 h. ago Jaguar Land Rover joins UK jobs bloodbath just two months after Starmer boasted of 'saving' staff... as unemployment hits four

The UK unemployment rate has risen to a four-year high, going from 4.6 per cent in the three months to April to 4.7 per cent in the three months to May.

Events

22 h. ago The rise in unemployment shows the UK jobs market is cooling, but it is not collapsing

Despite the latest poor data, wage growth remains resilient and there are ‘signs of confidence returning’UK unemployment rises as jobs market ‘weakens’Business live – latest updatesAnaemic economic growth, rising inflation, and a worsening outlook in the jobs market. If the inheritance from the Conservatives had been bad, the situation a year in to the new Labour government do not look much better.The latest figures show unemployment nudged up to 4.7% in May, hitting the highest level in four years, while wage growth slowed for a third consecutive month, and employers cut back on hiring. Continue reading...

Politics

22 h. ago Rise in unemployment shows UK jobs market is cooling, but it is not collapsing

Despite latest poor data wage growth remains resilient, and there are ‘signs of confidence returning’UK unemployment rises as jobs market ‘weakens’Business live – latest updatesAnaemic economic growth, rising inflation, and a worsening outlook in the jobs market. If the inheritance from the Conservatives had been bad, the situation a year in to the new Labour government does not look much better.The latest figures show unemployment nudged up to 4.7% in May, hitting the highest level in four years, while wage growth slowed for a third consecutive month, and employers cut back on hiring. Continue reading...

Politics

24 h. ago Unemployment rate rises to highest level since the pandemic as jobs market cools

Weaker than expected figures suggest that an interest rate cut is “nailed on” for next month

Events

4 w. ago Martin Lewis reveals the cheapest ways to stay cool during the heatwave

Amid an energy market crisis, keeping cool in the heat can come with an expensive price tag, the Manchester-based money expert said.

Politics