Labour market remains tight but the number of vacancies keeps falling

Posted around 12 months ago •


The latest ONS data cover the period from August to October 2022 and show a labour market that remains tight, with the employment rate slightly increasing, economic inactivity decreasing and vacancies falling for the fifth quarter in a row.

Real time Pay-As-You-Earn data for November 2022 showed that the number of payrolled employees increased, up by 107,000 to a record 29.9 million. 

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