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Labour market overview, UK: July 2024
This month's labour market figures continue to show signs of gradual cooling, with the number of vacancies still falling and unemployment rising. Earnings growth remains relatively strong although lower than a few months ago. Short-term movements varied across our different measures of employment. Recent months saw decreases in estimates of employment from the Labour Force Survey (LFS) and increases in estimates of payrolled employees from HMRC's Real Time Information (RTI) data. These different series measure slightly different concepts and cover different time periods, with divergent trends possible for ... (full story)