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Job Vacancies Plummet 7%, Competition Soars in UK

11/24/2025

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Summary

Story summary

Vacancies dropped to 796,385 in October, down over 7% from a year earlier, the largest decrease in 2025, according to Adzuna.
The vacancy level is the lowest since 2021, during pandemic lockdowns.
Competition for roles has intensified, with 2.12 jobseekers per vacancy, the highest since May 2021.
Andrew Hunter of Adzuna said employers are more cautious in hiring as they prepare for UK Chancellor Rachel Reeves’s upcoming tax-raising Budget.

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Story summary

Vacancies dropped to 796,385 in October, down over 7% from a year earlier, the largest decrease in 2025, according to Adzuna.
The vacancy level is the lowest since 2021, during pandemic lockdowns.
Competition for roles has intensified, with 2.12 jobseekers per vacancy, the highest since May 2021.
Andrew Hunter of Adzuna said employers are more cautious in hiring as they prepare for UK Chancellor Rachel Reeves’s upcoming tax-raising Budget.