Debt, rather than earnings, is being used to cover living costs, writes Carl Packman.
Tag Archives: unemployment
If we measure inflation by the Retail Price Index – far more commonly used than CPI in pay bargaining – real pay is still falling, writes Richard Exell.
Unemployment decreased by 77,000 between September 2013 and November 2013 to 2.33 million, with the unemployment rate now at 6.9 per cent, today’s labour market statistics reveal.
Despite today’s fall in unemployment, there are still causes for concern in the labour market.
Unemployment decreased by 63,000 between November 2013 and January 2014 to 2.33 million, with the unemployment rate now at 7.2 per cent, today’s labour market statistics reveal.
Should it win the General Election next year, Labour will guarantee starter jobs for anyone between 18 and 24 who have been out of work for a year.
Today’s labour market statistics were broadly positive but there are causes for concern beneath the headlines.