Info comes via a Reuters report citing surveys by data firm Brightmine and recruitment platform Indeed
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Private sector pay deals mostly held at 3% in the three months to May, below 3.4% inflation.
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Nearly 15% of firms offered lower raises of 2.5%, reflecting employer caution.
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Job vacancies fell 5% from late March to mid-June and are 21% below pre-COVID levels.
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UK is the only major economy tracked by Indeed with job openings below pre-pandemic levels.
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Graduate-level job ads hit lowest since at least 2018, with sharp drops in HR, accountancy, and marketing.
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AI may be contributing to reduced demand in some roles.
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No signs of a jobs slump yet, despite employer concerns over higher social security costs.
This article was written by Eamonn Sheridan at www.forexlive.com.
