Policymakers have complained about the quality of existing data on the UK jobs market
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The Office for National Statistics has conceded it may not be ready to replace its defective employment survey with a more accurate series until 2027, despite complaints from policymakers about the quality of the existing data.
The Labour Force Survey (LFS) is the official measure of employment and unemployment – but response rates to the monthly survey used to construct it have plunged in recent years, raising questions about its reliability.
