Employment rate up to 73.5 percent

Employment rate up to 73.5 percent

According to the Office for National Statistics (ONS), employment levels increased by 42,000 in the three months to July, representing an employment rate of 73.5 percent with 31.09 million people in work. 

Year-on-year the number of people in work has increased by 413,000 with 361,000 more working full time and 52,000 more working part time. Average weekly wages have also risen by 2.9 percent excluding bonuses. In response to the latest figures, Ann Swain, Chief Executive at APSCo, comments; “As I suspected, recent month-on-month dips in employment levels seem to have been nothing more than seasonal blips. According to official figures, job creation is now once again on the up, with a significant year-on-year increase in the number of people in work and a majority of these being full-time roles.

“The latest figures are representative of what the recruitment profession has witnessed over the past year. Greater confidence in hiring is reflected in the results of our latest UK Recruitment Index, published in conjunction with Deloitte, which found that the vast majority (83 percent) of recruitment firms reported growth in net fee income or gross profit over the past 12 months.”

Ann Swain continues; “It is unsurprising that average wages grew at their fastest pace in more than six years. As the war for talent continues to rage, attractive remuneration packages are a powerful tool to aid attraction and promote retention. Furthermore, with inflation currently at 0 percent, this growth is more significant than it may seem at first glance.”
www.apsco.org
 

Read more

Latest News

Read More

The Yin and Yang of technology/AI and culture

25 April 2025

Newsletter

Receive the latest HR news and strategic content

Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

Latest HR Jobs

University of Buckingham – Human ResourcesSalary: £44,544 to £47,632 per annum (Band 5)

University of Strathclyde – Human Resources DirectorateSalary: £46,735 to £57,422 per annum

Withnearly 90 board-level Portfolio People Directors collaborating withover 300 clients, our impact is significant—and we’re excited tokeep expanding! Main Responsibilities: – Lead the delivery of

Who are you? A highly successful CPO/People/HRDirector that loves to help businesses unlock their potential anddrive through people solutions that change lives. Withnearly 90 board-level

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE