Zoe Woolacott | 19 May 2026

Labour market continues to slowly soften

The latest labour market figures, released today by the Office for National Statistics (ONS), reveal that the level of employment and economic inactivity is largely unchanged in the three months to March 2026. While the key indicators for unemployment show a fall on the quarter, it is estimated that the rate is up on the year. Meanwhile, the number of vacancies is down but so too is the number of redundancies. The combination of these measures point to...

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