UK labour market: August 2019
16 August 2019
Updates provided by Office for National Statistics
Commenting on the latest figures, ONS deputy head of labour market statistics Matt Hughes said:
“Employment continues to increase, with three-quarters of this year’s growth being due to more women working. However, the number of vacancies has been falling for six months, with fewer now than there were this time last year.
“Excluding bonuses, real wages are growing at their fastest in nearly four years, but pay levels still have not returned to their pre-downturn peak.”
Earlier this year ONS revamped the presentation of the labour market package, with an overarching summary bulletin and three subsidiary ones looking at employment, unemployment and inactivity; jobs and vacancies; and earnings, replacing the previous single bulletin.
The summary UK labour market bulletin is here.
The labour market economic commentary can be found here.