![Job market cools as firms warn of surge in costs after budget Job market cools as firms warn of surge in costs after budget](https://cdn.magzter.com/1588175106/1731460735/articles/aftZplIsYDWhinUG5PWsys/JOB-MARKET-COOLS-AS-FIRMS-WARN-OF-SURGE-IN-COSTS-AFTER-BUDGET.jpg)
Figures from the Office for National Statistics (ONS) show the rate of unemployment rose to 4.3% in the three months to September, up from 4% the previous quarter, amid broader signs of a slowdown in the jobs market.
While the ONS warned that its jobs market figures should be treated with caution because of data collection issues, separate figures showed the number of employees on payrolls fell by 9,000 over the quarter and vacancies dipped for a 28th consecutive month to the lowest since May 2021.
The government has come under pressure from businesses since its budget tax increases, including a rise in the national minimum wage and employer national insurance contributions (NICs) that bosses have said could lead to job cuts.
Trade groups warned the figures showed the jobs market was slowing as companies braced for higher costs. "Many firms are telling us they are being forced to raise prices and put recruitment and investment plans on hold," said Jane Gratton, the deputy director of public policy at the British Chambers of Commerce.
Matthew Percival, of the Confederation of British Industry (CBI) lobby group, said: "These figures come against a backdrop of rising concern about spiralling employment costs which are set to increase following last month's NICs rise, the employment rights bill and the latest increase in the national living wage."
Denne historien er fra November 13, 2024-utgaven av The Guardian.
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Denne historien er fra November 13, 2024-utgaven av The Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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![This one will mean something different. I'm doing it for me now' This one will mean something different. I'm doing it for me now'](https://reseuro.magzter.com/100x125/articles/21665/1998298/lv7vQEmpKPze9Z7JrD8sys/THIS-ONE-WILL-MEAN-SOMETHING-DIFFERENT-IM-DOING-IT-FOR-ME-NOW.jpg)
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The big interview Joseph Parker New Zealander believes upsetting Daniel Dubois on Saturday to claim the IBF world heavyweight title would be his greatest achievement yet
'We are one' Sudanese refugees find sanctuary with their neighbours
At the Joda border crossing between Sudan and South Sudan, movement is constant. Just 100 metres separate the two border checkpoints - on the Sudanese side, three raised flags welcome newcomers; on the South Sudanese side, a sign in Arabic and English marks the entrance to the country.
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No chilling effect
Watchdog chief embraces new focus on growth
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Clubs will disappear Grassroots rugby still crying out for help in shadow of Six Nations riches
ou may have noticed that the sports pages are less, well, sporty than they once were.
!['Buckle up and enjoy the ride' Van Dijk calls on Liverpool to calm nerves and relish title race 'Buckle up and enjoy the ride' Van Dijk calls on Liverpool to calm nerves and relish title race](https://reseuro.magzter.com/100x125/articles/21665/1998298/yaVXydqObMBTjt0gHvRsys/BUCKLE-UP-AND-ENJOY-THE-RIDE-VAN-DIJK-CALLS-ON-LIVERPOOL-TO-CALM-NERVES-AND-RELISH-TITLE-RACE.jpg)
'Buckle up and enjoy the ride' Van Dijk calls on Liverpool to calm nerves and relish title race
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Julianne Moore children's book under 'ideology' review in US
Julianne Moore has said it is a \"great shock\" to learn that one of her books has been \"banned by the Trump administration\" from schools serving the children of US military personnel and civilian defence employees.
Rise in teenagers penalised for riding e-scooters
Electric scooters have been blamed for a surge in children being penalised for driving without insurance.
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Push to free Letby 'not right thing to do', says Streeting
Wes Streeting has said \"waging a campaign\" on behalf of Lucy Letby is \"not the right thing to do\".
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Misogyny and mind games: Murdoch family rifts exposed in rare interview
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Bringing wolves back to Scotland could restore woodland - study
Reintroducing wolves in the Scottish Highlands could lead to an expansion of native woodland, which could take in and store 1m tonnes of carbon dioxide a year, researchers have suggested.