Posted 4 years ago •
The latest ONS data covers the period between April to June 2020 - part of the most restrictive period of the lockdown introduced in the second half of March and the beginning of lockdown easing.
The impact of COVID-19 on the labour market is becoming even more evident and is starting to feed through to the headline labour market indicators.
In the period between August and October 2024, wage growth across the economy remained strong, employment and unemployment levels both increased, while vacancies and inactivity fell.
In the period between July and September 2024, wage growth across the economy remained strong, employment and unemployment levels both increased, while vacancies and inactivity both fell. The data continues to paint a mixed picture of the labour market, with conditions cooling but limited labour pool hindering business’s ability to grow.
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.