UK Job Postings Fall 9.2% in July Amid Softening Labour Market

The UK labor market is experiencing a summer slowdown, with new job postings dropping 9.2% in July compared to June and an 11% decline year-on-year, reflecting employer caution amid fears of additional taxes and regulatory costs. Despite this, the total number of active job vacancies rose slightly, indicating some resilience and optimism for a post-summer rebound, though smaller firms are feeling the strain from slower hiring combined with rising wages. In the U.S., unemployment claims have increased, signaling a softening job market, though experts note this may represent a moderation rather than a sharp downturn, influenced by demographic shifts such as retiring baby boomers. Arizona's layoff announcements have eased recently, except for a significant 1,467-job cut at a nonprofit losing federal contracts, illustrating localized economic disruptions tied to policy and federal funding changes. Meanwhile, analyses suggest the broader U.S. jobs slowdown might stem from reduced labor supply due to restrictive immigration policies and demographic trends, complicating interpretations of employment data and raising questions about the need for monetary stimulus under President Trump's administration. Overall, labor markets in both the UK and U.S. are showing signs of transition with mixed signals on growth and employment stability.