Fewer jobs, more candidates: what the UK’s latest job data shows

Wake Up to Money

BBC

Business

4.4 • 754 Ratings

🗓️ 11 August 2025

⏱️ 53 minutes

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Summary

The UK jobs market is cooling at its fastest pace in months, according to two major reports out this morning from KPMG and the Recruitment and Employment Confederation, and the Chartered Institute of Personnel and Development. The data shows permanent and temporary job placements continuing to fall, vacancies dropping at the quickest rate since April, and the number of people available for work rising sharply - one of the highest increases since records began.

Transcript

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0:00.0	BBC Sounds, Music, Radio, Podcasts.
0:05.4	Wake Up to Money from BBC 5 Live.
0:08.7	Hello, welcome to Wake Up to Money.
0:11.1	Today, we'll take you to the Edinburgh fringe,
0:13.9	where the cost of accommodation is higher than ever, not least,
0:17.8	because Oasis are in town.
0:19.9	We're going to look at the very latest for Ukraine.
0:22.2	As Donald Trump meets Vladimir Putin later this week to talk about a peace deal,
0:26.1	here's what Trump expects that deal might look like.
0:28.8	There'll be some swapping of territories to the betterment of both.
0:33.5	And we've got a couple of bits of data about the jobs market out this morning.
0:37.6	Big report showing sharp falls in recruitment across the UK.
0:42.4	Wake up to Money with Sean Farrington.
0:45.1	Good morning to you. It is Wake Up to Money on BBC 5 live on this Monday morning.
0:50.5	The 11th of August, it's just coming up to five past five thank you for being with us this
0:56.1	morning a big thanks to max reese who's with us as well co-founder of the curators high protein snacks
1:02.0	brand max very good morning to you morning shorn thanks having me on thanks for being with us max how's
1:07.6	how's august for you at the cur curators? Does it take a little step back
1:13.2	as we get into the middle of it, people maybe not responding to emails, to calls as quickly as
1:18.6	they might other times a year? Yeah, it definitely feels like the world is a little bit on holiday
1:24.9	at times, but the workload never seems to slow down, especially for a kind of young business. But yeah, it feels like we're getting a little bit on holiday at times but the workload never seems to slow down especially
1:28.2	for a kind of young business um but yeah it feels like we're getting a little bit more like the rest
	...

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