Labour market continues to tighten but pay growth falls further behind inflation

The latest ONS data covers the period from January 2022 to March 2022, providing a snapshot of labour market activity during a period in which the government launched its Living with Covid strategy, with most of the pandemic restrictions lifted.

The latest data show a labour market that continues to tighten, with employment figures largely unchanged, unemployment decreasing, and vacancies at a new record high.

 

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