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but digital sources have the potential to vastly increase the volume of data on which inflation estimates are based. Key examples include: data on train fares from the Rail Delivery Group, increasing ...
“Relying solely on ONS data – or on any sole data source – can result in flawed insights, particularly when assessing resources, planning, salary benchmarking or assessing workforce trends.” Sheila ...
“The ONS Labour Force Survey appears to have ‘lost’ almost a million workers over the past few years compared to better sources. “This has led to official data underestimating people’s ...
The verdict on the survey — which the government describes as the “official source of employee and employment ... to questions about the quality of ONS data. The agency, which is braced ...
Other issues have also emerged, including the data the ONS compiles on the producer price index—a metric used to help calculate gross domestic product (GDP). In its recent wage growth assessment ...
His departure comes amidst criticism surrounding recent inaccuracies in economic data released by the ONS. Sir Ian’s five-year tenure as head of the ONS included overseeing the crucial ...
The Office for National Statistics (ONS) has admitted efforts to overhaul unreliable data on Britain's jobs market may not be ready until 2027.
Last month, a report from the Office for Statistics Regulation (OSR) laid out its concerns about the quality of the ONS's data. These concerns focused on, but were not limited to, the widely ...
Feb 18 (Reuters) - Productivity in Britain's economy, one of its major weak points, recovered partially in the fourth quarter of 2024 but was down compared with a year previously, official data ...
However, the ONS said that less weight should be placed ... problems that have decreased the reliability of labour market data.
The report called for the ONS to do more to reconcile the data sources, saying the agency “needs to resolve the fact that Britain’s labour market stats aren’t working”. The ONS said it had ...