The latest research from recruitment firm Reed showed a 2.3% decline in jobs advertised in the second quarter of the year - the largest drop since 2010.
It blamed political and economic uncertainty as the Conservatives prepare to choose the country's next prime minister - a leader set to preside over the ultimate fate of Brexit. Commenting on the ONS figures, employment minister Alok Sharma said:"Wages outpacing inflation for 16 months in a row, more people in work than ever before and joint-record female employment, means better prospects for many thousands of UK families and shows the continued resilience of the UK labour market."
But he conceded in an interview with Sky News that continued uncertainty over Brexit was dragging on investment - and therefore UK economic growth."We have this hard deadline 31st October. We leave, hopefully with a deal, if not without a deal". Labour was yet to comment but the CBI's principal economist, Alpesh Paleja, said:"Despite signs that employment growth is tailing off, the labour market remains tight, with the unemployment rate at a multi-decade low."But as recent data shows productivity remains in the doldrums. Reinvigorating efforts to boost productivity is critical.More stories
despitebrexit right hehe
Tell my boss that. I ain’t seen it
Oh but Brexit
WHERE'S MINE
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