Labour Market Statistics – December 2023

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This briefing note from the Institute for Employment Studies, sets out analysis of the Labour Market Statistics published in December. They show that the labour market is continuing to cool off, as the impacts from higher interest rates and rising costs of living continue to feed through. However there is little sign so far of any significant deterioration in the labour market, with headline estimates of employment, unemployment and economic inactivity (the measure of those not looking and/ or not available for work) again exactly the same as those published in November. Click here for more.