The economic context affects how organisations recruit, retain and develop their people. There is a wealth of data out there, but making sense of where to look can be a challenge. This factsheet will help. 

This factsheet was last updated by Jon Boys: Labour Market Economist, CIPD

Jon is an experienced labour market analyst with expertise in pay and conditions, education and skills, and productivity. Jon primarily uses quantitative techniques to uncover insights in labour market data, and regularly contributes commentary and analysis of economic issues on the world of work to online, print and TV media. 

Related content

Thought leadership
Navigating change with speed and agility is key for the C-suite

Peter Cheese, the CIPD's chief executive, looks at the challenges and opportunities faced by today’s business leaders and the strategic priorities needed to drive future success

Reports
Pay, performance and transparency 2024

Insight from the CIPD’s survey into factors driving pay decisions in UK workplaces and recommendations for practice

Thought leadership
Could mismatch in desired and actual hours worked prompt early labour market exit?

We examine people’s desired hours and how this compares to the hours they actually work

Explore our other factsheets

Factsheets
Workplace pensions

Learn about the UK law surrounding workplace pensions and how to choose new schemes or review existing pension arrangements

Factsheets
Flexible working practices

Explores the benefits of flexible working, the types of arrangements commonly used and gives practical tips on implementing flexible working practices

Factsheets
Maternity, paternity and adoption rights

Introduces maternity and paternity rights, shared parental leave, and adoption rights in the UK

Factsheets
Redundancy: an introduction

Learn how to use redundancy as a last resort when all alternative approaches have been considered

Factsheets