Business · Economy · 1 hr ago
Only one in seven firms is confident about hiring
Only one in seven firms is confident about hiring.
Business leaders say the rising cost of employing people is holding back living standards.
They also warn that it is reducing job opportunities for young people.
The warning comes as employment costs rise under Labour.
The concern is that higher costs are making firms less willing to hire.
No next steps are given.
Only one in seven firms is confident about hiring, according to the article headline.
Business leaders warned that rising employment costs are holding back living standards.
They also warned that the costs are hitting job opportunities for young people.
The article was published by This is Money on 12 October 2026.
- Who
- Business leaders warned about the effects of rising employment costs.
- What
- The article reports that only one in seven firms is confident about hiring.
- When
- 12 October 2026.
- Where
- Not stated.
- Why
- Rising employment costs are holding back living standards and affecting job opportunities for young people.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Hiring confidence
- One in seven firms
- Warning source
- Business leaders
- Reported effects
- Living standards and young people's job opportunities
- Publication date
- 12 October 2026
Sources
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