June Labour Market Statistics: Comment from the Institute for Employment Studies
15 Jun 2021
Commenting on today’s Labour Market Statistics, IES Director Tony Wilson said:
“Today’s figures confirm that the jobs market is making a strong recovery. Payrolled employment added nearly 200 thousand in the month of May alone, its fastest rise on record, while May saw nearly 900 thousand vacancies in the economy, one of its highest figures ever. However despite this, and continued recruitment problems in a number of industries, there are still more than twice as many unemployed people still chasing every vacancy and long-term unemployment has reached a five year high of over half a million. So we need to do much better at helping those people who want jobs to find and take up the jobs that want people.”
Read the detailed IES Labour Market Statistics briefing note here