Posted 4 years ago •
The latest ONS data covers the period June to August 2020, providing a snapshot of labour market activity at the start of greater flexibility within the Job Retention Scheme and the introduction of employers' contribution to the scheme in August.
The latest labour market data shows the ongoing divergence in labour market data which is a result of the success of the government's furlough scheme.
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.