UK statistics regulator withholds endorsement of UK jobs data - reports

‘Way to go’ for reliability

clock • 2 min read

The UK statistics regulator has warned that it cannot certify the reliability of jobs data from the Office of National Statistics (ONS).

In an interview with the FT, Rob Kent-Smith, deputy head of the Office for Statistics Regulation (OSR) that there was "a way to go" before official jobs statistics could be re-endorsed by the watchdog. The ONS has been contending with a falling response rate to its surveys, and Labour Force Survey (LFS) data was suspended in September 2023 due to quality concerns. UK retail sales suffer sharpest monthly drop since the pandemic The Transformed Labour Force Survey (TLFS), which is intended to improve the reliability of the data, was scheduled to be released in March 2024, but the gov...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Revised figures show zero UK real GDP growth in Q3
UK

Revised figures show zero UK real GDP growth in Q3

Revised ONS figures

Sorin Dojan
clock 23 December 2024 • 1 min read
UK retail sales edge up by 0.2% in November
UK

UK retail sales edge up by 0.2% in November

Black Friday sales not counted

Sorin Dojan
clock 20 December 2024 • 2 min read
City Minister Tulip Siddiq embroiled in £4bn anti-corruption probe - reports
UK

City Minister Tulip Siddiq embroiled in £4bn anti-corruption probe - reports

Alleged £10bn nuclear plant deal

Linus Uhlig
clock 19 December 2024 • 1 min read
Trustpilot