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Posted 5 years ago •
The latest labour market update shows strong employment growth and falling unemployment. Unemployment decreased once again, returning the rate to a 42-year low.
However, the performance of the labour market has not been matched by stronger and more sustained real wage growth.
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.