Posted 4 years ago •
The latest ONS data covers the period between April to June 2020 - part of the most restrictive period of the lockdown introduced in the second half of March and the beginning of lockdown easing.
The impact of COVID-19 on the labour market is becoming even more evident and is starting to feed through to the headline labour market indicators.
In the quarter to April 2025, wage growth across the economy remained strong, but is weaker compared to recent months. Unemployment and employment levels both rose (unemployment notably so), and economic inactivity fell, but still sits above 9 million.
In the three months to March 2025, wage growth across the economy remained strong and, while wages continued to rise in nominal and real terms, the rate of wage growth is showing signs of slowing.
In the three months to February 2025, wage growth across the economy showed signs of plateauing but remains strong, unemployment and employment levels both increased, while inactivity fell but is still stubbornly high.