In the three months to March 2025, wage growth across the economy remained strong and, while wages continued to rise in nominal and real terms, the rate of wage growth is showing signs of slowing.
Wage growth plateaus but remains strong, while vacancy levels continue to dip
Posted 1 year ago •
Related Articles
-
UK labour market shows some signs of resilience, but hiring caution continues
In the quarter to May 2026, employment levels rose, unemployment and economic inactivity fell, vacancy levels showed signs of stabilising, and nominal regular wage growth remained at its lowest level in over five years. Concerningly high youth unemployment levels have also persisted.
-
Unemployment falls, inactivity rises, and vacancies drop even further
In the quarter to April 2026, employment and inactivity levels rose, unemployment fell, vacancies continued to decline, and regular wage growth in the private sector slowed to its lowest level in over five years. Youth unemployment also remained concerningly high.