Employment at record high, unemployment at record low | Pertemps

CBI May 2019

 

According to the ONS, the UK labour market continues to defy gravity, outperforming the rest of the economy.

The employment rate remains at a record high, with the unemployment rate at a record low. At the same time, however, the number of employees saw the sharpest fall since the beginning of 2014 which could be a further sign of vulnerability in the economy. Across the UK, the regions and nations have seen a mixed picture on employment, while unemployment has remained broadly unchanged.