Posted 4 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.
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.