January 2020: Employment Back To Record High While Pay Growth Slows Further

Posted 3 years ago •


Going into the new year it is clear that the labour market continued to grow strongly. The employment rate remained at a record high, with the unemployment rate rising slightly but remaining close to record low. 

The inactivity rate has dropped to its lowest level on record and nominal regular pay growth has continued to slow after its recent peak in summer 2019. 

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