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Posted 1 year ago •
The latest ONS data cover the period from January to March 2023 and portray a labour market that continues to show signs of softening, with the employment rate increasing, unemployment remaining low, and economic inactivity and vacancies both falling.
Real time Pay-As-You-Earn data for April 2023 showed that the number of payrolled employees decreased for the first time
This month's labour market figures continue to show signs of gradual cooling, with the number of vacancies still falling and unemployment rising.
This month’s figures continue to show signs that the labour market may be cooling. The number of vacancies continues to fall and is unemployment rising.
The latest ONS data shows a largely unchanged labour market that remains tight overall but continues to slowly soften.