AMS commentary on latest ONS statistics July 22

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18 July 2022 The latest data from the Office for National Statistics (ONS) reveals that the UK’s unemployment and economic inactivity rates have decreased from March to May 2022, exacerbating the already critical talent shortages. In response, AMS (formerly Alexander Mann Solutions) has urged businesses to place more emphasis on internal hiring strategies.

The ONS also revealed that, when adjusted for inflation, total pay fell by 0.9% and regular pay fell by 2.8% in the three months to May, which is certainly cause for concern given that CPI inflation hit a 40-year

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