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via bbc.co.ukEconomy

Job vacancies fall as small firms cut back on recruitment

FROM THE WIRE · BBC.CO.UK

Small firms cite labour costs as a key factor in scaling back hiring, the Office for National Statistics says.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishFalling job vacancies signal a weaker labour market, relevant for rate expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Small firms cite labour costs as a key factor in scaling back hiring.
  2. 02The Office for National Statistics reports this.
  3. 03Job vacancies are falling.

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