| Title | UK Job Market Contracts as Businesses Brace for Tax Hikes and US Tariffs |
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| URL | https://www.easterneye.biz/uk-job-market-slowdown/ |
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| Category | Media News --> Newspapers |
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| Meta Keywords | UK Job Market Contracts as Businesses Brace |
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| Meta Description | UK Job Market Contracts as Businesses Brace |
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| Owner | easterneye |
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| Description |
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| The UK job market saw its steepest decline since the pandemic, with 78,000 fewer payrolled employees in March 2025. This slowdown comes ahead of business tax increases, a higher national living wage, and new U.S. tariffs on UK exports. Despite steady unemployment at 4.4% and wage growth of 5.9%, economists warn that rising costs and global trade tensions may further strain hiring and investment in the months ahead. |
