Employment Rate Increases But Pay Growth Falls Behind Inflation

Posted 2 years ago •

 

The latest ONS data covers the period from October to December 2021, providing a snapshot of labour market activity during a period in which the Omicron variant became the dominant Covid-19 variant in the UK.

The latest data show a continuing recovery in the labour market, with employment increasing, unemployment decreasing, and vacancies at a new record high. 

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