{"id":14383,"date":"2026-09-28T21:30:34","date_gmt":"2026-09-28T20:30:34","guid":{"rendered":"https:\/\/hiringlab.indeed.com\/uk\/?p=14383"},"modified":"2026-10-08T10:41:25","modified_gmt":"2026-10-08T09:41:25","slug":"uk-labour-market-snapshot-september-2026","status":"publish","type":"post","link":"https:\/\/hiringlab.indeed.com\/uk\/blog\/2026\/09\/28\/uk-labour-market-snapshot-september-2026\/","title":{"rendered":"UK Labour Market Snapshot \u2014 September 2026"},"content":{"rendered":"\n

The Big Picture<\/strong><\/h2>\n\n\n\n

Overall hiring demand has remained broadly flat since the start of June, following a period of softening. UK job postings on Indeed edged down in the month to 18 September, slipping 1.5%. Postings still sit 31% below early 2020 levels, amid continued employer hesitancy and cost pressures. While hiring demand remains subdued, job losses remain limited; it remains a low-hire, low-fire labour market. <\/p>\n\n\n\n

Job Postings<\/strong><\/h2>\n\n\n\n

Where we are:<\/strong> The Indeed Job Postings Index (JPI) weakened from March through May, but has held broadly steady since. Even so, it remains well below pre-pandemic levels, standing at 69 as of 18 September. New postings (job postings on Indeed for 7 days or fewer) show a moderately firmer trend, running at around 85 in recent weeks (15% below their pre-pandemic baseline).<\/p>\n\n\n\n

Direction of travel:<\/strong> Labour demand has been broadly stable since the start of June. Monthly JPI growth turned slightly negative, down 1.5% as of 18 September, though the year-over-year decline eased to -8.1%, from -9.4% in mid-August. <\/p>\n\n\n\n

\"Line
Line graph titled “UK job postings have stabilised” shows the indexed level of job postings on Indeed in the UK, euro area and US, where 100 equals the February 1, 2020 baseline, through 18 September 2026. UK postings have stabilised recently but remain 31% below their pre-pandemic baseline, with the index at 69 as of 18 September 2026. In the euro area and US, postings remain above pre-pandemic levels. <\/em><\/figcaption><\/figure>\n\n\n\n

Sector split<\/strong>: The vast majority of sectors tracked sit below their pre-pandemic levels in terms of overall postings on Indeed. Only six of 49 tracked categories have postings higher than the baseline. Four of these are engineering disciplines, namely civil engineering, mechanical engineering, electrical engineering and industrial engineering. Education & instruction and social science are the others.\u00a0<\/p>\n\n\n\n

Conversely, IT infrastructure, operations & support, customer service and nursing roles remain furthest below baseline. <\/p>\n\n\n\n

\"Line
Line graph titled “Vast majority of sectors have postings below pre-pandemic levels” shows the share of sectors in the UK with job postings on Indeed above the pre-pandemic baseline, through 18 September 2026. 100% of sectors saw postings above baseline during the pandemic reopening, and that share has steadily fallen from 2023 onward. The share stands at just 12% as of mid-September. <\/em><\/figcaption><\/figure>\n\n\n\n

Regional variation<\/strong>: <\/strong>After the JPI in the North East (99) slipped just below its pre-pandemic baseline, Northern Ireland (110) is now the only region with job postings above baseline and has the highest JPI of any region analyzed. The South East (57) and London (65) have the lowest JPI levels. <\/p>\n\n\n\n

\"Choropleth
Choropleth map titled “Northern Ireland has strongest JPI” shows the Indeed Job Postings Index by UK region, seasonally adjusted, as at 18 September 2026. Northern Ireland leads at 110, while London trails all regions at 57, well below the South East’s 65.
<\/em><\/figcaption><\/figure>\n\n\n\n

Middlesbrough is the city with the highest JPI (110), followed by Sunderland (107) and Belfast (104). Reading (48), Slough and Brighton (both 51) have the lowest JPI. Only four of the 58 cities and large towns tracked have seen their JPI rise over the past year \u2013 Edinburgh (+5, to 74), Luton (+4, to 67), Aldershot (+2, to 57) and Basildon (+2, to 63). <\/p>\n\n\n\n

Wages<\/h2>\n\n\n\n

Headline<\/strong>: Posted wages rose 4.0% over the year ending August 2026, essentially unchanged over the past six months. Advertised wages have been growing more quickly than prices since mid-2023. However, the gap has narrowed considerably, to just 0.9 percentage points, as wage growth has flatlined and inflation has crept higher to 3.1%. <\/p>\n\n\n\n

\"Line
Line graph titled “UK posted wage growth has cooled but still runs ahead of inflation” shows year-over-year growth in the Indeed Wage Tracker versus annual CPI inflation from January 2019 through August 2026. Posted wage growth has eased but continues to run above growth in prices. <\/em><\/figcaption><\/figure>\n\n\n\n

The Labour Market Balance<\/strong><\/h2>\n\n\n\n

Unemployment<\/strong>: The unemployment rate remains relatively low, sitting at 4.9% in the three months to July \u2013 up from the mid-2022 low of just 3.6%, but broadly stable. However, the picture is more concerning for young workers. The rate of youth unemployment (16-24s) has been climbing steadily over the past four years and now stands at 16.4%, its joint-highest in almost 12 years and up sharply from 9.3% in mid-2022. Meanwhile, the vacancy-to-unemployment ratio held at 0.4 in July, indicating less than one available job vacancy for every two unemployed workers. <\/p>\n\n\n\n

Job switching and redundancies<\/strong>: Rates of job-to-job switching remain close to historic averages, running at 2.3% in the second quarter of 2026. Meanwhile, redundancy notifications remain low<\/a>, offering some reassurance that a more material deterioration in labour market conditions appears unlikely in the near-term. <\/p>\n\n\n\n

\"Line
Line graph titled “Youth unemployment rising faster than overall rate” shows the overall unemployment rate and the youth unemployment rate in the UK from 2001 to 2026. The youth unemployment rate has been climbing steadily over the past four years and now stands at 16.4%, its joint-highest in almost 12 years. <\/em><\/figcaption><\/figure>\n\n\n\n

What We’re Watching<\/strong><\/h2>\n\n\n\n