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12th Apr 2022 17:58U.K., Daily Monitor

Employment started to rise again in the three months to February, having fallen in December and January.

The workforce should start to recover this year, reflecting a decline in inactivity and a rise in immigration.

Alongside slower labour demand growth this should mean wages continue to rise more slowly than prices.

covid-19 employees employment employment growth headline inflation headline rate labour labour demand labour market labour market data March May mpc nhs paye payroll pmi public sector q2 unemployment wage growth wage pressures wages

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Keywords for: A Recovery in the Workforce will Limit Wage Pressures in 2022

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