Jobs Market Suffers Worst Slump Since 2020 Under Reeves

Britain’s jobs market is in freefall, suffering its worst slump since lockdown as Rachel Reeves’ tax hikes take their toll. According to KPMG and the Recruitment and Employment Confederation, the number of jobseekers is surging at the fastest rate since December 2020 – driven by a collapse in vacancies and a wave of layoffs, thanks to Reeves’ ‘Jobs Tax’ and a sharp rise in the minimum wage.[…] Read the rest