The Job Market Continues to Present Signs of Weakening

Posted 1 year ago •

Pages of documents showing changes in the labour market

Labour Market update report

In the three months to June 2025, unemployment and employment levels rose, the economic inactivity level and economic inactivity rate both fell, and strong wage growth continued to present signs of slowing.

Related Articles
  • Labour market update report
    ‘Low hire, low fire’ labour market dynamics persist, as vacancies continue to fall

    In the quarter to June 2026, employment rose, headline unemployment fell and economic inactivity was broadly unchanged. Meanwhile, youth unemployment remained above 16%, vacancies fell again, and regular pay growth showed signs of resilience.

  • labour market update
    UK labour market shows some signs of resilience, but hiring caution continues

    In the quarter to May 2026, employment levels rose, unemployment and economic inactivity fell, vacancy levels showed signs of stabilising, and nominal regular wage growth remained at its lowest level in over five years. Concerningly high youth unemployment levels have also persisted.

  • labour market update
    Unemployment falls, inactivity rises, and vacancies drop even further

    In the quarter to April 2026, employment and inactivity levels rose, unemployment fell, vacancies continued to decline, and regular wage growth in the private sector slowed to its lowest level in over five years. Youth unemployment also remained concerningly high.