Recent Release | 10 Mar 2023

Adecco Labour Market Outlook

Cities Consulting Team

Oxford Economics

Oxford Economics provided economic and labour market insight and forecasts for the Spring 2023 edition of Adecco’s Labour Market Outlook.

Oxford Economics provided economic and labour market insight and forecasts for the Spring 2023 edition of Adecco’s Labour Market Outlook. In the report, we explore what is likely to happen to the UK economy and labour market in 2023, and what the longer-term prospects might be. We look at the overall picture, at differences between sectors, and also at the outlook for the 12 nations and regions of the UK.

The experts behind the research

Our Cities Consulting team specialise in analysing and forecasting cities and regions around the world. Drawing on our detailed forecast data and a range of modelling tools, we work with clients globally across sectors to produce studies that are tailored to their needs and to help them make informed decisions. The lead consultant on this project was:

Tim Lyne

Associate Director, Cities & Regions

You might be interested in

bank of england
IFRS 9 and the BCST: How the Bank of England’s Latest Stress Test Measures Economic Shocks

The Bank of England’s new BCST stress test introduces a recalibrated approach to measuring financial resilience in reflecting IFRS 9 impacts and a softer, more realistic stress pathway. What does this mean for lenders and the wider economy? Discover how Oxford Economics extends the BoE’s guidance into a global scenario to help businesses stay prepared for the next downturn.

Find Out More
How the sectoral mix of UK jobs is changing and what it means

We expect UK employment will dip slightly in the second half of this year, as job cuts in lowerpaid parts of the private sector more than offset continued solid public sector job creation.

Find Out More
immigration text printed on a paper
The US immigration surge comes to an end

The net immigration into the US has slowed more abruptly than anticipated in the early days of Trump's second presidency. Could this be the start of a new chapter in US immigration?

Find Out More
US FOMC minutes economy
FOMC minutes – Recent events underscore Fed’s cautiousness

Fed officials remain cautious amid rising inflation and ongoing policy uncertainty. The latest FOMC meeting highlights the challenges facing the US economy and the Fed’s careful approach to managing risks. How will these factors shape the economic outlook moving forward?

Find Out More