REC response to the ONS labour market figures, June 2019

Filed under Press release

Tuesday, 11 June 2019


Today’s labour market figures published by the Office for National Statistics (ONS) show the UK unemployment rate holding at 3.8% for February to April 2019, the lowest since October to December 1974. The employment rate also remained steady at 76.1%, the joint-highest figure since comparable estimates began in 1971. The economic inactivity rate was 20.8%, lower than for a year earlier (21.0%) and close to the record low.

The estimated number of vacancies in the jobs market was 837,000, 11,000 more than a year earlier but 12,000 lower than for December 2018 to February 2019.

Tom Hadley, Director of Policy and Campaigns at the Recruitment & Employment Confederation, said:

“This morning’s figures show a familiar picture, with the UK labour market stuck in the same holding pattern that we have seen for the past few months. The overall picture remains positive, but with a few warning signs, such as declining vacancies. 

“Our jobs market continues to demonstrate how robust it is, and continues to provide good work for more people than ever before with employment at a joint-record high and economic inactivity close to a record low. 

“However, the fact that vacancy numbers are dropping is reflected in the REC’s Report on Jobs data, which shows a slight decline in permanent placements. At the same time, employers and recruiters are still struggling to find the staff to fill empty roles in sectors as diverse as healthcare, technology and logistics. Businesses are increasingly having to review current hiring procedures, as making the right hire at the right time can be crucial to maximising growth and productivity.”

ENDS

Notes to Editors:  

1. The full latest ONS labour market statistics can be found online here.
2. The KPMG and REC Report on Jobs is a survey of 400 recruitment and employment consultancies about the labour market, compiled every month by IHS Markit. More information can be found here.

Press enquiries:

For more information, contact the REC Press Office on 0207 009 2157/2129 or pressoffice@rec.uk.com. An ISDN line is available for interviews on 0207 021 0584.

Click here to view all REC press releases.

The REC is all about brilliant recruitment, which drives our economy and delivers opportunity to millions. As the voice of the recruitment industry, we champion high standards, speak up for great recruiters, and help them grow. Recruitment is a powerful tool for companies and candidates to build better futures for themselves and a strong economy for the UK. Find out more about the Recruitment & Employment Confederation at www.rec.uk.com.

Back to top
Award winning services AEA award logoAssociation Excellence Awards 2017MemCom 2017 Awards