April Labour Market Statistics: comment from the Institute for Employment Studies
15 Apr 2025
Commenting on today's figures, Seemanti Ghosh, Principal Economist at the Institute for Employment Studies said:
“Vacancies have fallen by a further 26,000 on the quarter and hit a new low, payroll employees have decreased by 8,000 on the month, and unemployment remains relatively flat. Against the backdrop of a slowing economy, marked by weaker productivity growth and dampened business sentiment, and with nearly one in five working-age adults out of the labour force, rolling out the government’s industrial strategy cannot come soon enough.
"Initiatives focussing on the expansion of voluntary employment support such as the launch of the new Connect to Work employment scheme and individually tailored support via the proposed Jobs and Career Service are a positive step. But success will be dependent on creating a joined-up system, working closely with employers and taking a long-term approach, and much relies on the economic landscape, with a downturn potentially undermining new policy initiatives.”
Read our analysis here.
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 Seemanti Ghosh
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