London Jobs Are Settling Below Pre-Covid Levels, Indeed Says
- Capital’s job market lags rest of UK in recovery from pandemic
- Hybrid working cuts demand for staff in pubs, cafes and shops
London vacancies are likely to be nearing their lowest point in the current downturn, according to Indeed.
Photographer: Jose Sarmento Matos/BloombergThis article is for subscribers only.
London vacancies are set to remain below pre-Covid levels, lagging behind the rest of the UK, after hybrid working trimmed demand for shop assistants and baristas near offices.
Job postings in the capital are stuck at 25% below where they were just before the beginning of the pandemic, after a deterioration that began last year, according to data from the recruitment site Indeed. Outside of southeast England, all other UK regions are seeing new jobs at or even surpassing pre-Covid numbers.