Majority of labour market indicators point to continuing softening over latest quarter

The key indicators of labour market activity over the latest quarter (from April to June 2025) have remained mixed, with an overall picture of continuing softening. The number of payrolled employees has continued to fall (although Labour Force Survey (LFS) figures suggest an increase) while unemployment has again risen. Meanwhile economic inactivity has decreased and vacancies have seen a decline for the 36^th consecutive month. However, the number of redundancies has fallen.