Employment Growth Is Slowing, But Pay Growth Strengthens

Posted 4 years ago •

 

Latest data from the ONS showed further signs that growth in the UK labour market is tailing off.

But while the employment rate edged lower, the unemployment rate remained at a multi-decade low. At the same time, however, the number of employees fell for the second consecutive quarter—the small rise in employment in the three months to May was mostly driven by self-employment. But the picture was mixed across the regions and nations.

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