Labour market coming out of stasis, with unemployment and redundancies on the rise

 

The latest ONS data covers the period between May and July 2020, providing the first snapshot of labour market activity in the aftermath of a more substantial easing of lockdown at the start of July and the introduction of greater flexibility within the Job Retention Scheme. 

The impact of COVID-19 on the labour market is becoming more pronounced and is starting to feed through to headline labour market indicators. 

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Latest Market Insights

Cbi Labour Update

Labour market continues to deteriorate, with unemployment and redundancies rising sharply

The latest ONS data covers the period between July and September 2020, providing a snapshot of labour market activity during a period of relaxed restrictions and greater flexibility within the Job Retention Scheme, albeit on progressively less generous terms for business.

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Cbi Labour Update

The impact of the pandemic is felt in the labour market, with unemployment and redundancies rising

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.

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