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LIVE DESK·Global markets desk·Last updated 14s ago
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Economy/MacroArticle

UK to overhaul labour market survey in November 2027

Government announces plans to replace the Labour Force Survey with a new data collection method, citing accuracy concerns and rising costs.

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Elena Kovač · Central Banks Desk · 15 Aug 2026 · 1 min read
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UK to overhaul labour market survey in November 2027

The United Kingdom will transition to a new labour market survey in November 2027, replacing the long-standing Labour Force Survey (LFS) with an alternative data collection method.

The decision follows ongoing concerns over the accuracy and reliability of the LFS, which has faced criticism for declining response rates and rising operational costs. The Office for National Statistics (ONS) confirmed the planned switch, stating that the new approach aims to improve data quality while reducing financial and logistical burdens.

The LFS, a quarterly household survey, has been a key source of labour market data in the UK for decades, providing insights into employment, unemployment, and economic inactivity. Its replacement is expected to streamline data collection, though the ONS has not yet detailed the specific methodology of the new system. Analysts anticipate that the transition may temporarily disrupt labour market reporting, with potential revisions to historical data once the new survey is implemented.

The government has not disclosed the estimated cost savings or additional resources required for the overhaul. The ONS has committed to providing further updates as the transition plan develops, including timelines for pilot testing and stakeholder consultations.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Elena Kovač
Central Banks Desk

Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.

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