Employment at record high, but pay growth continues to struggle
Employment growth continues to strengthen, with a record number of people now in work. At a time of economic and political uncertainty, this shows the resilience of businesses up and down the country, as they continue to employ more people and create new opportunities.
But, pay growth continues to struggle and has now gone negative, meaning the cost of living is outpacing wage growth.
The latest ONS data covers the period from February 2022 to April 2022, providing a snapshot of labour market activity.
The latest ONS data covers the period from January 2022 to March 2022, providing a snapshot of labour market activity.
The latest ONS data covers the period from August to October 2021, providing a snapshot of labour market activity.