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Employment rises and vacancies fall, as the labour market continues to soften

Posted 1 year ago •

Pages from a labour market report showing analysis of employment

Labour market update report

In the period between June and August 2024, wage growth across the economy remained strong, the employment rate increased, and high inactivity rate persisted. This paints a mixed picture of the labour market, with conditions cooling but limited labour pool hindering business’s ability to grow.

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