CBI Labour Market Update – December 2021

CBI Labour Market - CNA International

The latest data covers the period from August to October 2021, providing a snapshot of labour market activity during the period when the economy was fully opened.

Data show continued signs of recovery in the labour market, with employment increasing, unemployment decreasing, and vacancies at a new record high. Young people who were particularly affected by the pandemic saw a continued increase in the employment rate and decrease in the unemployment and inactivity rates. Real time Pay-As-You-Earn data for November 2021 also showed that the number of payrolled employees increased once again, up by 257,000 to 29.4 million. The uptick in employment was driven mainly by part-time workers.

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