October Labour Market Statistics: comment from the Institute for Employment Studies
14 Oct 2025
Commenting on today's figures, Naomi Clayton, Chief Executive at the Institute for Employment Studies said:
"There are early signs that the labour market is starting to stabilise, as the pace of decline in jobs is slowing. Payrolled employment increased in August, having decreased for the previous eight months. Job vacancies are increasing in some sectors but remain well below the pre-pandemic peak and the increase in unemployment means that there are more people looking for fewer jobs. With record-high numbers of people still out of work due to ill health and unemployment continuing to rise, it is vital that the government scales up support for individuals and employers to boost participation, alongside measures to boost demand."