Press releases

Deloitte UK economist comments on this morning's unemployment figures

21 January 2020

Commenting on the latest unemployment figures, published this morning by the Office for National Statistics, Debapratim De, UK economist at Deloitte, said:

“Today’s data highlights the resilience of the UK labour market despite slowing growth. However, falling vacancies and no acceleration in wages indicates a slow loss of momentum. With weak productivity growth and corporates focussed on cost control, there seems limited scope for a further pickup in wages.”


Notes to editors

About Deloitte
In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity.

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Deloitte LLP is a subsidiary of Deloitte NSE LLP, which is a member firm of DTTL, and is among the UK's leading professional services firms.

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