GLA Economics Labour Market Updates (monthly)
Analysis of the labour market covering the latest developments.
The latest ONS labour market data point to a mixed labour market in London, with some improvements.
Payrolled employment continues to decline compared with a year earlier across most age groups, although the pace of decline has eased. The concurrent increase in the employment rate on the quarter should be interpreted cautiously, as it may reflect sampling variability in the Labour Force Survey rather than an underlying improvement, particularly given the continued weakness in PAYE employment. Meanwhile, real pay continued to grow, although the rate of increase slowed in recent months.
Unemployment in London edged up slightly on the quarter, in contrast to a decline across the UK, while economic inactivity fell in both, with a more marked decrease in London.
Overall, potential improvements in employment and inactivity rates offer some encouragement, but LFS sampling variability warrants caution. Continued declines in payrolled employment and rising unemployment point to ongoing challenges in London’s labour market.
When using outputs from this analysis you should be aware of the following caveats:
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The analysis is not intended to be comprehensive or exhaustive. It is a snapshot analysis of key data as it pertains to London.
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The analysis does not represent the full body of evidence on which Mayoral Policies are, or will be, based.
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We advise that our outputs are triangulated with other sources of information and analysis to develop a rounded statistical picture of any specific policy issues.
- Labour market update for London - April 2024 (8.34 MB)
Due to a technical issue in processing data revisions, the London Labour Market Update published on Tuesday, April 16 contained out-of-date estimates for UK employment, inactivity and unemployment rates for the November-January period. These discrepancies were small and the reported rates for London are unaffected.
- Labour market data for London Boroughs - January 2021 (304.50 kB)
A more in-depth look at the number of people claiming unemployment related benefits (the Claimant Count) by local authority in London. It should be noted that while some new claimants of unemployment related benefits will be wholly unemployed and seeking work, others may be temporarily inactive or away from work, or employed but with low earnings.
- Covid-19 Labour Market RoundUp December.pdf (1.35 MB)
A round up of the key developments in the labour market and overview of emerging trends and timely evidence on the impact of COVID-19 on London’s Labour market. Please note that whilst this is a general overview of key findings, it may not capture every aspect.
- Labour market data for London Boroughs - December 2020 (352.71 kB)
A more in-depth look at the number of people claiming unemployment related benefits (the Claimant Count) by local authority in London. It should be noted that while some new claimants of unemployment related benefits will be wholly unemployed and seeking work, others may be temporarily inactive or away from work, or employed but with low earnings.
- Covid-19 Labour Market Round Up November.pdf (679.89 kB)
A round up of the key developments in the labour market and overview of emerging trends and timely evidence on the impact of COVID-19 on London’s Labour market. Please note that whilst this is a general overview of key findings, it may not capture every aspect.
- Covid-19 Labour Market Round Up August.pdf (1.78 MB)
A round up of the key developments in the labour market and overview of emerging trends and timely evidence on the impact of COVID-19 on London’s Labour market. Please note that whilst this is a general overview of key findings, it may not capture every aspect.
- Covid-19 Labour Market RoundUp 27th May.pdf (1.13 MB)
A round up of the key developments in the labour market and overview of emerging trends and timely evidence on the impact of COVID-19 on London’s Labour market. Please note that whilst this is a general overview of key findings, it may not capture every aspect
.
- Covid-19 Labour Market RoundUp 4th May.pdf (1.07 MB)
A round up of the key developments in the labour market and overview of emerging trends and timely evidence on the impact of COVID-19 on London’s Labour market. Please note that whilst this is a general overview of key findings, it may not capture every aspect
.