12 September 2018

News

CBI/Pertemps labour market update September 2018

The ONS’ latest labour market data showed employment growth tailing off.

CBI/Pertemps labour market update September 2018

CBI/Pertemps labour market update September 2018

But much of this seems to be related to a rise in inactivity — overall, the labour market remains tight, with unemployment still at its lowest since 1975.

The employment rate remains at a record high, with employment growth similar to the relatively strong rates seen over most of 2017.

While nominal pay growth has edged higher, the tightness of the labour market has still not stimulated stronger and more sustained real wage growth.

Across the UK, regions and nations have seen a mixed picture in employment and in unemployment levels.

Separate data on workforce jobs revealed some variation in job creation across different sectors.