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UK Job Market Recovery Stalls Amid Security Concerns

9/11/2025

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Summary

Story summary

Employment Hero's Annual Jobs Report reveals a slow recovery in the UK labor market, with 55% of workers prioritizing job security over ambition.
The employment rate has grown 3.1% year-on-year, down from 8% in 2024.
High employment costs now pressure SMEs more than energy costs.
Skills shortages affect 80% of SMEs, hindering their growth.
The housing market weakens, with declining buyer demand and a net balance of -24% in agreed sales, reflecting stagnant activity.

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Story summary

Employment Hero's Annual Jobs Report reveals a slow recovery in the UK labor market, with 55% of workers prioritizing job security over ambition.
The employment rate has grown 3.1% year-on-year, down from 8% in 2024.
High employment costs now pressure SMEs more than energy costs.
Skills shortages affect 80% of SMEs, hindering their growth.
The housing market weakens, with declining buyer demand and a net balance of -24% in agreed sales, reflecting stagnant activity.