Posted 4 years ago •
Latest data from the ONS showed that the UK labour market remains in a good place, but there are signs showing that employment growth is tailing off.
Both, the unemployment rate and inactivity rate have increased. While vacancies have declined again and employment fell for the first time since late 2017, the labour market remains tight on the whole.
The latest ONS data covers the period from January to March 2024 and shows a largely unchanged labour market that remains tight overall but continues to slowly soften.
The latest ONS data covers the period from December 2023 to February 2024 and shows a largely unchanged labour market that remains tight overall but continues to slowly soften.
The latest ONS data covers the period from November 2023 to January 2024 and shows a labour market that remains tight overall but continues to slowly soften. Growth in employment has slowed while economic inactivity has increased.