Editor's message: The state of the economy in which an organisation operates will impact on its level of business, and how easy, or otherwise, it is to recruit and retain the staff it needs. HR and reward professionals can keep track of inflation rates, labour market data and other key economic indicators to understand the context in which their organisation is recruiting, retaining and rewarding its employees.
Official statistics from the Office of National Statistics show that, despite slow economic growth, the labour market has held up well and unemployment has fallen. Both CPI and RPI inflation measures show strong price rises, which is finally feeding through into upward pressure on pay awards and earnings.
Sheila Attwood, managing editor, pay and HR practice
Almost half of employees think their employer will make redundancies over the next year, fearing Brexit will result in financial instability.
Updated to include official statistics from the ONS for February 2019 on days lost to labour disputes and the number of stoppages. The next ONS release date is 14 May 2019.
Updated to include official statistics from the ONS on average weekly hours worked in the UK for the three months to the end of February 2019. The next ONS release date is 14 May 2019.
Updated to include the latest official statistics from the ONS on employment and unemployment, and labour market forecasts from HM Treasury and ManpowerGroup. The next ONS release date is 14 May 2019.
Matt Weston, managing director of recruitment firm Robert Half, looks at the current UK labour market and provides some insight into how business can attract and retain the best talent.
Updated to include data for March 2019 on the availability and recruitment of permanent and temporary staff from IHS Markit/KPMG/Recruitment & Employment Confederation. The next figures are due to be published on 9 May 2019.
Around 1.5 million people in England are at high risk of losing their job to automation - and women are most at risk - according to the Office for National Statistics.
Updated to include the outlook on the financial services industry from the CBI/PricewaterhouseCoopers Financial Services Survey, March 2019.
There is evidence of a "jobs merry-go-round" in European centres as Brexit approaches, according to recruitment company Robert Walters.
HR and legal information and guidance relating to the economy.