Britain is enduring a ‘jobs drought’ under Labour after vacancies fell to a 12-year low and unemployment rose, official figures show.
Yesterday’s bleak report revealed many firms have stopped hiring as they face rises ‘in labour costs and other operating expenses’.
That is likely to reflect the ongoing impact of Labour’s £25billion raid on employer National Insurance as well as sharp rises in the minimum wage and surging energy costs.
Firms are also worried about the impact of new workers’ rights rules spearheaded by Angela Rayner.
The Office for National Statistics (ONS) revealed there were just 707,000 job openings in the three months to July. Excluding
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