Luca Sampson Grimbly | 17 May 2022

Unemployment level surpasses vacancies

This month’s figures show a continued steady decrease in unemployment paired with rising numbers of open positions, according to the latest official labour market figures from the Office of National Statistics, with the number of vacancies now slightly exceeding the number of unemployed people. Meanwhile there was further growth in employment and redundancies saw another, albeit shallower, drop in number. The increase in economic inactivity persisted due to aftershocks from both Brexit and the pandemic. 

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