08/06/2026
THE TRUTH ABOUT BRITAIN'S JOB MARKET
The latest KPMG/REC Report on Jobs makes for grim reading and it's a direct result of both the Labour and Conservative governments failed policies.
Permanent job placements have now FALLEN FOR 44 CONSECUTIVE MONTHS. That's nearly 4 years of decline. The longest stretch of contraction since records began in 1997.
Businesses are scared to hire. Higher taxes, new employment red tape, rising costs all landing on the backs of employers who just want to get on with it. The result? 705,000 job vacancies the lowest in FIVE YEARS. Outside the pandemic, the lowest in over 11 YEARS. Wages? Growing at near post-pandemic lows. Earnings growth predicted to fall to just 3% in the coming months.
Meanwhile candidate numbers are rising sharply because redundancies are going UP and job security is going DOWN.
Labour promised to grow the economy. Instead they've destroyed it.
Reform UK stands for cutting the red tape, lowering the burden on businesses and getting Britain back to work.Enough is enough. It's time for real change.
Source: KPMG & REC UK Report on Jobs, May 2026