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UK job vacancies fall in September amid caution ahead of budget

ALN

Advertised job vacancies in the UK fell last month as employers continued to cut back on recruitment and wait for next month’s Budget, according to a new report.

Jobs site Adzuna said the total number of advertised vacancies dropped by 2.4% in September compared to August to 826,205.

Adverts for jobs are now 4.1% lower than a year ago, with September recording the lowest vacancy level this year, said Adzuna.

Its report said employers were continuing to scale back hiring plans after a strong start to the year, pausing recruitment activity as they await November’s Budget.

There are now more than two jobseekers for every vacancy, the highest ratio since early 2024, said Adzuna.

Warehouse worker retained its position as the UK’s most searched-for role in September, followed by healthcare assistant and cleaner.

Andrew Hunter, co-founder of Adzuna, said: ‘September’s figures reflect a job market that’s steady but cautious.

‘Vacancies fell while average pay rose slightly to £42,417, 8.8% higher than a year ago.

‘This suggests employers are still prepared to pay for the right people, but they’re taking longer to hire and being more selective about where they invest.

‘For jobseekers, this all combines to bring more competition and a tougher fight for each role. In a highly competitive job market, timing is everything. Jobseekers who submit applications promptly and tailor them precisely are more likely to succeed.’

By Alan Jones, PA Industrial Correspondent

Press Association: Finance

source: PA

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