Pay growth slows while vacancies continue to fall

Posted 1 year ago •

 

The latest ONS data covers the period from October to December 2023 and shows a labour market that remains tight overall but continues to slowly soften.

This softening is limited to falling vacancies with the employment rate, unemployment rate and economic inactivity broadly unchanged from the last quarter (75.8%, 4.2% and 20.8% respectively).

Related Articles