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Posted 1 year ago •
In the period between June and August 2024, wage growth across the economy remained strong, the employment rate increased, and high inactivity rate persisted. This paints a mixed picture of the labour market, with conditions cooling but limited labour pool hindering business’s ability to grow.
In the three months to August 2025, unemployment and employment levels both increased, the number of people recorded as being economically inactive rose while the rate stayed the same, and wage growth in the private sector has continued to slow.
In the three months to July 2025, unemployment and employment levels both rose, the economic inactivity level and rate fell, and strong wage growth continued to present signs of slowing.
In the three months to June 2025, unemployment and employment levels rose, the economic inactivity level and economic inactivity rate both fell, and strong wage growth continued to present signs of slowing.