Jaguar Land Rover to axe 500 management jobs
Jaguar Land Rover is to axe up to 500 management jobs in the UK through a voluntary redundancy programme, it has been announced. 
By: Jon Robinson
Share - Facebook Share on Facebook
- X Share on Twitter
- LinkedIn Share on LinkedIn
- WhatsApp Share on WhatsApp
- Email Share on Email
The news comes on the same morning as new figures revealed that Britain’s jobless rate has reached its highest level for four years, as workers also faced another slowdown in wage growth
The Office for National Statistics (ONS) said the rate of UK unemployment increased to 4.7 per cent in the three months to May, from 4.6 per cent in the three months to April.
It said this marked the highest level since June 2021.
Meanwhile, average earnings growth, excluding bonuses, slowed to 5 per cent in the period to May to its lowest level for almost three years.
Read more
Aston Martin tariff hit sinks UK car output to 76-year low
Aston Martin tariff hit sinks UK car output to 76-year low
The figures point towards further pressure in the UK labour market, days after the governor of the Bank of England warned that the Bank is prepared to make larger interest rate cuts if it sees that the job market slowing.
It also comes amid a backdrop of recent weakness in the economy, with UK GDP (gross domestic product) shrinking in both April and May.
ONS director of economic statistics Liz McKeown said: “The labour market continues to weaken, with the number of employees on payroll falling again, though revised tax data shows the decline in recent months is less pronounced than previously estimated.
“Pay growth fell again in both cash and real terms, but both measures remain relatively strong by historic standards.
“The number of job vacancies is still falling and has now been dropping continuously for three years.”
The rise in unemployment is worse than economists had expected, having predicted that the jobless rate would remain at 4.6 per cent for the month.
Nevertheless, average wage growth was slightly higher than the 4.9 per cent predicted by economists.
But the rate of wage growth was still the weakest figure since the three months to June 2022 and represents a drop from a revised level of 5.3 per cent in the three months to April.
Wage growth continues to outstrip inflation, reflecting a rise of 1.8 per cent after taking Consumer Prices Index inflation into account.
Pressure in the labour market for the three months to May comes as firms swallowed significant increases in national insurance contributions and the national minimum wage in April.
Firms have also been impacted by intensifying economic uncertainty after US President Donald Trump launched a new tariff regime in April, leading to heightened global trade tensions.
The figures also showed job vacancies in the UK fell by 56,000 to 727,000 in the three months to June, compared with the previous quarter.
Read more
When is a trade deal not a trade deal?
When is a trade deal not a trade deal?
Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.
Subscribe By signing up to our newsletters you agree to the Terms and Conditions and Privacy Policy.
FAQ
Cruise Casino Jobs Explained: Roles Salary & Requirements
What Is a Cruise Casino Job? A cruise casino job is a role on a cruise ship where employees operate and manage casino gaming activities for passengers. These casinos typically open only when the ship is in international waters, allowing them to legally offer gambling services under maritime law. According to major cruise lines like Carnival and Royal Caribbean, onboard casinos generate a significant portion of onboard revenue, often contributing millions of dollars annually per ship.
When and why was the double zero added to the American roulette wheel?
When and why was the double zero added to the American roulette wheel? The double zero was added to the American roulette wheel in the mid-19th century. The exact year is not clear, but it is believed to have been added around the 1860s. The reason for its addition was to increase the house edge, making the game more profitable for the casino. At the time, gambling was not regulated in the United States, and casinos were free to set their own rules and payouts.
How did the introduction of online casinos impact the game of roulette?
How did the introduction of online casinos impact the game of roulette? The introduction of online casinos has had a significant impact on the game of roulette. Online casinos made roulette and other casino games easily accessible to anyone with an internet connection. Players can now enjoy their favorite casino games from the comfort of their own homes, without having to travel to a land-based casino. Online casinos also introduced new variations of roulette, such as multi-wheel roulette and mini-roulette, which are not typically found in traditional casinos.
Does Redwind Offer a Birthday Reward?
Redwind ne propose pas de récompense d’anniversaire automatique pour tous les utilisateurs. Contrairement à certains services qui envoient un code promo, un bonus de crédit ou un cadeau virtuel le jour de votre inscription, Redwind ne communique pas d’offre d’anniversaire système à ce jour. Si une récompense existe, elle est rare, ponctuelle et annoncée uniquement dans des événements ou campagnes spécifiques, pas comme une fonction standard pour tous les comptes.
Easiest Casino Job: Casino Floor Runner Guide
The easiest job at a casino, often considered the “casino floor runner,” plays a crucial support role in ensuring smooth gaming operations. This position involves transporting chips, cash, and other essential gaming supplies between the casino cage and gaming tables. The floor runner acts as a vital link, facilitating transactions and maintaining resources for dealers and players without directly managing the games. With a median salary of around $32,840 annually (plus tips) and an employment growth rate faster than average (11% from 2022 to 2032), this role offers a dynamic entry into the casino industry with minimal experience required.
Welcome to wptgofree.com, your comprehensive resource for information on Red Wind Casino. Whether you're exploring gaming options, dining experiences, or seeking employment opportunities at Nisqually Red Wind Casino, our site provides up-to-date details to enhance your experience.
This site only collects related articles. Viewing the original, please copy and open the following link:Jaguar Land Rover to axe 500 management jobs
