Today’s labour market statistics were broadly positive but there are causes for concern beneath the headlines.
Tag Archives: ONS
There was plenty of data out this week suggesting a bleaker economic picture than that painted by the government and the media.
Workers have experienced the longest fall in real wages since at least 1964, new figures from the Office of National Statistics (ONS) show.
UK GDP grew by 0.7 per cent in the fourth quarter of 2013, according to the latest quarterly national accounts from the Office for National Statistics (ONS).
The chancellor has given up on any rebalancing of the economy and has fallen back on what can only lead, further down the line, to another crash.
Growth is being driven by consumer credit and household debt, despite the need for exports and manufacturing
The Tories have clearly not learned the lesson of the last two decades.
Despite today’s welcome news on falling unemployment, pay and productivity are stagnating.
Unemployment decreased by 99,000 between August 2013 and October 2013 to 2.39 million, with the unemployment rate now at 7.4 per cent, today’s labour market statistics reveal.
Unemployment decreased by 18,000 between June 2013 and August 2013 to 2.49 million, with the unemployment rate now at 7.7 per cent, today’s labour market statistics reveal.
Today’s GDP figures are certainly cause for cheer. After three years of flatlining the economy is finally showing signs of life.