Further worrying signs in the labour market with further falls in payroll jobs. Young people, with over one million not in work or full-time education, are among those most affected, and retail and hospitality have shed 129k payroll jobs in a year. The rise in unemployment to its highest since the pandemic partly reflects a fall in economic inactivity. While this suggests more people are looking for work, it also indicates some are struggling to find work. We need a twin approach of providing more help to find work and creating the conditions for employers to create jobs.