Posted 4 years ago •
The latest ONS data covers the period from February to April 2021, providing a snapshot of labour market activity during the gradual (and partial) reopening of the economy out of lockdown.
The latest data shows further signs of recovery with employment increasing, unemployment decreasing, and vacancies nearly reaching pre-pandemic levels.
In the quarter to April 2025, wage growth across the economy remained strong, but is weaker compared to recent months. Unemployment and employment levels both rose (unemployment notably so), and economic inactivity fell, but still sits above 9 million.
In the three months to March 2025, wage growth across the economy remained strong and, while wages continued to rise in nominal and real terms, the rate of wage growth is showing signs of slowing.
In the three months to February 2025, wage growth across the economy showed signs of plateauing but remains strong, unemployment and employment levels both increased, while inactivity fell but is still stubbornly high.