Tuesday, January 18, 2022

UK Job Vacancies Hit Record High of 1.24M

The ONS reports that UK job vacancies soared to a record high of 1.24 million between October and December, with vacancies 462,000 higher compared with the three months before the pandemic.

Darren Morgan, director of economic statistics at the ONS, said the total number of people on payrolls was "now well above pre-pandemic levels".

He added

"New survey figures show that in the three months to November, the unemployment rate fell back almost to where it was before Covid-19 hit."

Overall, the Office for National Statistics said that the unemployment rate fell to 4.1% - close to pre-pandemic levels. 

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