
In the quarter to January 2025, wage growth across the economy remained strong, unemployment and employment levels increased, and economic inactivity has continued to fall but remains high.
We use cookies and similar technologies to help personalise content, tailor and measure ads, and provide a better experience. By clicking "All Cookies", you agree to this, as outlined in our Cookie Policy. By clicking "Essential Cookies" you only agree to essential cookies.
Posted 1 year ago •
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.
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.
