Understanding the impact on jobs and pay – how the ONS is now measuring the Labour market
Tomorrow the ONS will release its latest set of labour market data showing how, and to what extent, the coronavirus pandemic has hit employment and wages. In this post Jonathan Athow compares the strengths and weaknesses of the main data sources we use to produce the figures, including the advantages of new ‘real time’ PAYE data – and the limitations of the claimant count figures.
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