Today’s jobs figures: this doesn’t feel like a recovery
Today’s labour market statistics show that for most people this doesn’t feel like a recovery.
Today’s labour market statistics show that for most people this doesn’t feel like a recovery.
Today’s labour market statistics continue the story of recent months: rising employment and stagnating earnings.
Unemployment decreased by 24,000 between May 2013 and July 2013 to 2.51 million, with the unemployment rate now at 7.7 per cent, today’s labour market statistics reveal.
Addressing the disability employment challenge obscured by today’s labour market statistics.
The latest labour market statistics show some encouraging signs, but the headline figures disguise serious weakness.
This month’s labour market statistics continue the same pattern we have seen in recent months: small improvements in overall employment and unemployment but youth unemployment and long-term unemployment not going anywhere much.
Unemployment decreased by 57,000 between March 2013 and May 2013 to 2.51 million, with the unemployment rate now at 7.8 per cent, today’s labour market statistics reveal.
Today’s employment figures include a couple of headlines the government will be grateful for and what seems like an improvement on the pay front. But when you look at the labour market from a slightly longer perspective, the picture is less brilliant.
Unemployment decreased by 5,000 between February 2013 and April 2013 to 2.51 million, with the unemployment rate rising to 7.8 per cent, today’s labour market statistics reveal.
The ‘recovery’ in the wider economy is not being matched by rising real wages or rising living standards, instead the demand-constrained UK economy might be stumbling into a lower wage, lower productivity growth model with serious implications for living standards in the future.