News & Press

The labour market is continuing to cool, with vacancies now down by a quarter of a million over the last year and by sixty thousand in the most recent quarter

We are keen to hear from employers about what they need and want from the public employment service to inform our research for The Commission on the Future of Employment Support.

Today was meant to see publication of the latest labour market statistics from the Labour Force Survey. Unfortunately however, issues with the reliability of the survey mean that instead only three figures were published..

IES has signed The Smallest Things’ Employer with Heart charter, which enables the parents of premature babies to take extended parental leave.

While today’s figures see a welcome return to real pay growth, the jobs data is very weak indeed.

Today’s figures have perhaps the first signs that higher interest rates may be starting to put the brakes on the economy, with unemployment ticking up to 4%.

Today’s jobs figures are broadly positive, with the level of employment finally back to where it was on the eve of the pandemic and with working hours also returning to pre-Covid levels.

The stand-out figure in today’s data is another sharp increase in the number of people off work with long-term health conditions, up by nearly a hundred thousand in the last quarter to over 2.5 million people.