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labour market

News about labour market: events, facts and developments on tafs uz.

3 stories

British graduates increasingly move abroad to work

According to a survey of 15,000 graduates, more than 10% of British students plan to move abroad after university for better opportunities — up from 7.8% two years ago. Competition for graduate vacancies in the UK has reached a thirty-year high: 140 applications per position. Popular destinations are Australia, the US and the EU.

4 min read

UK unemployment falls to 4.7%, but vacancies shrink as hiring becomes expensive

According to the UK's Office for National Statistics, unemployment fell to 4.7% in June–August — the lowest in more than a year — while the employment rate rose to 75.3%. At the same time, vacancies dropped to 691,000, the lowest level in more than five years: small companies cite rising labour costs. The data is the last official snapshot of the labour market before the budget.

3 min read