UK job vacancies ‘fall to lowest level since pandemic’

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A recent report by Adzuna indicates a significant decline in UK job vacancies, reaching the lowest level since the pandemic began in January 2021. The number of advertised positions fell by 3% in January 2026 to 695,000, with graduate jobs experiencing a notable drop. This decline reflects a broader downward trend observed since late 2025, attributed to factors such as increased national insurance contributions, minimum wage increases, and a shift towards automation. Consequently, competition for available jobs has intensified, with 2.4 jobseekers per vacancy. While vacancies have decreased across the UK, London experienced the sharpest monthly drop. Despite the challenging job market, wage growth persists, suggesting employers are still willing to pay for skilled workers.
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