Labour market remains ‘very tight’ while employment growth eases
William Buck Chief Economist Besa Deda says the labour market has remained “very tight” with early signs suggesting eased employment growth.
“The labour market has remained very tight, in fact, if we think about the last eight to nine months, the unemployment rate has kept between 3.9 and 4.1 per cent,” Ms Deda told Sky News host Ross Greenwood.
“It’s barely budged from that trough over the last two years.
“On most indications, it’s suggesting that it will continue to be tight, although there are some early signs that potentially employment growth is easing.”
