London Daily

Focus on the big picture.
Sunday, Jun 21, 2026

Post-lockdown boom in jobs market 'is over' as employers worry about energy costs and recession fears

Post-lockdown boom in jobs market 'is over' as employers worry about energy costs and recession fears

Some areas, particularly areas of Northern Ireland, had a steep drop off in job openings as businesses faced a 'long wait' for energy bill supports
The number of new jobs on offer has dropped by 8.3% since last month as employers feel the impact of rising costs and are concerned about the state of the economy, according to a new report.

Last week, there were 143,000 new job adverts posted online, the lowest figure recorded for 2022 and a reduction from the 160,000 that were newly posted a week earlier.

Between 19 and 25 September there were 1.45 million jobs adverts available for UK workers, lower than at any point during the pandemic, according to data from recruitment industry representative the Recruitment & Employment Confederation and labour market analytics firm Lightcast.

The biggest weekly decline was for driving instructors, ship and hovercraft officers and floorers and wall tilers, the report said.

But there were notable increases in postings for teachers, school secretaries and school crossing patrol staff.

Danni Hewson​, financial analyst at online investment platforms AJ Bell, said: "The bounce back from lockdowns created a boom in the labour market but a lack of confidence and recession fears are now slowly eating away at those numbers. Clearly there are still high numbers of vacancies but the tapering off does suggest that the boom is over,"

Rising energy costs are likely to be factoring in the reduction, despite the business energy relief scheme announced by the government last week, Ms Hewson said.

She added: "It's not a surprise that new vacancy numbers are slowing. Businesses faced a long wait before the government finally confirmed they would get help with their spiralling energy costs over the winter, but six months isn't really long enough for companies to be able to plan their strategy for next year so thoughts of expansion will have been put on the back burner."

Of the 10 locations with the greatest increase in job postings, three were in the West Midlands.

Northern Ireland however was worst hit by the decline in jobs coming on stream, with six out of the UK's bottom 10 hiring hotspots in the country's regions.
Newsletter

Related Articles

0:00
0:00
Close
London Hotel Wins World’s Best Afternoon Tea Award at International Hospitality Guide La Liste
Court of Appeal Rules in Favour of Competition and Markets Authority in Phenytoin Drug Case
Chichester Waste Site Suspended After Environment Agency Finds Serious Fire and Pollution Risks
UK Appoints Chris Elmore as Special Envoy on Preventing Sexual Violence in Conflict
Environment Agency Fines Yorkshire Firms Nearly £470,000 for Environmental Permit Breaches
British Chambers of Commerce Says Post-Brexit Trade Deals Have Limited Economic Impact
Resident Doctors to Vote on Government Pay Offer in Ongoing NHS Dispute
UK Public Borrowing Reaches £46.3 Billion in Early Fiscal Year, Driven by Debt Interest Costs
UK Government Unveils £100 Million Package to Strengthen Fire and Rescue Response Capacity
Bank of England Holds Interest Rates at 3.75 Percent Despite Easing Inflation
Met Office Extends Amber Heat Warning as Temperatures Forecast to Reach 38C Across Southern England
Prime Minister Keir Starmer Expected to Resign Amid Mounting Labour Party Pressure
UK Government Tightens Procurement Rules to Prioritise National Security and Supply Chain Resilience
National Drought Group Reviews Water Supply Risks After Dry Spring and Ongoing Heatwave
Andy Burnham Faces Leadership Speculation After Weak Local Election Results for Labour
Charity Commission Appoints Interim Managers to Barnabas Aid Amid Financial Investigation
Government Awards £27 Million Leonardo UK Contract to Maintain Military Aircraft Fleet
Environment Agency Suspends Chichester Waste Site Permit Over Fire and Pollution Risks
Border Force Seizes Record Cannabis Shipment in Major UK Criminal Network Disruption
Lloyds Banking Group to Hire 300 Artificial Intelligence Specialists in Digital Expansion Push
UK Government Introduces Alcohol Monitoring Tags for 7,000 Offenders Ahead of Summer Sporting Season
Resident Doctors in England Prepare Vote on Government Pay and Working Conditions Offer
Police Scotland Investigates Suspected Anti-Muslim Attacks in Edinburgh Following Arrest
Met Office Issues Rare Amber Extreme Heat Warning Across Southern and Eastern England
UK Government Unveils Digital Homebuying Reforms to Cut Costs and Speed Up Property Transactions
Train Driver Dies and 89 Injured in Rail Collision Near Bedford as Safety Investigation Begins
Long-Term Economic and Political Effects of Brexit Continue to Shape UK Policymaking
Digital Disinformation Emerges as a Growing National Security Challenge in the United Kingdom
Britain's Dependence on Global Energy Routes Drives Push for More Resilient Supply Chains
Rising Energy Costs Continue to Threaten Britain's Cost-of-Living Recovery
Concerns Grow Over Far-Right Organizing and AI-Driven Online Radicalization in Britain
UK-Led Global Partnerships Conference Calls for Reform of International Development Finance
Middle East Tensions Continue to Weigh on UK Business Confidence
Reports of Middle East Peace Deal Ease Pressure on UK Energy Prices
UK Warns Middle East Conflict Could Worsen Global Food Insecurity
UK Economy Loses Momentum After Strong Start to 2026
Bank of England Holds Interest Rates at 3.75% Despite Easing Inflation
Brexit's Legacy Remains Deeply Divisive Ten Years After the UK Voted to Leave the European Union
International Anti-War Conference Opens in London as Debate Over European Rearmament Intensifies
UK Health Authorities Introduce Drug Price Concessions Amid Record NHS Medicine Shortages
Sir David Attenborough Supports Sherwood Forest Conservation Efforts After Loss of Major Oak
Aardman Animations Marks 50 Years With Major Exhibition in Bristol
Drax Cleared After Investigation Into Wood Pellet Sourcing Practices
Jaguar Land Rover Shifts Toward Hybrid Vehicle Production for US Export Strategy
UK Police Arrest Liberal Democrat MP Cameron Thomas on Suspicion of Assault
Health Concerns Grow Over Elevated Kidney Cancer Rates Near Lancashire PFAS Factory
Royal Navy F-35 Jets Conduct First NATO Air Warfare Exercise from Finnish Airspace
UK NHS Issues Price Concessions for Medicines Amid Severe Drug Shortages
Heathrow Third Runway Project Faces Sharp Downward Revision in Expected Economic Benefits
Amber Heat Warning Issued Across Parts of England and Wales as Temperatures Rise
×