Wage Growth Remains Strong as Vacancies Decline | Pertemps

Wage growth plateaus but remains strong, while vacancy levels continue to dip

Posted 1 year ago •

Pages of documents showing changes in the labour market

Labour Market update report

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.

Related Articles
  • LMU october 26
    Unemployment falls while vacancies hit a new post- pandemic low

    In the quarter to August 2026, employment rose, unemployment and inactivity decreased, and regular wage growth held firm. The youth unemployment rate dropped below 16% but remained significantly higher than the headline adult rate. Meanwhile, vacancies fell to their lowest level in five years in the quarter to September.

  • Labour market update report
    Young people continue to bear the brunt as hiring difficulties continue

    In the quarter to July 2026, headline employment and unemployment held broadly as they were, and economic inactivity fell. Meanwhile, youth unemployment climbed to 16.4%, vacancies fell again, and regular pay growth held steady.

  • Labour market update report
    ‘Low hire, low fire’ labour market dynamics persist, as vacancies continue to fall

    In the quarter to June 2026, employment rose, headline unemployment fell and economic inactivity was broadly unchanged. Meanwhile, youth unemployment remained above 16%, vacancies fell again, and regular pay growth showed signs of resilience.