Unemployment decreased by 121,000 in the three months to May 2014 to 2.12 million, with the unemployment rate now at 6.5 per cent, today’s labour market statistics reveal.
Tag Archives: Labour Market
Unemployment decreased by 161,000 in the three months to April 2014 to 2.6 million, with the unemployment rate now at 6.6 per cent, today’s labour market statistics reveal.
As with so many of the coalition’s claims of economic recovery, the seemingly buoyant labour market is hiding a much more fragile picture, writes James Bloodworth.
Today’s labour market statistics were broadly positive but there are causes for concern beneath the headlines.
Unless we see a pick-up in productivity growth soon then the UK risks much slower growth, and lower living standards, in the future.
The latest labour market statistics show some encouraging signs, but the headline figures disguise serious weakness.
While the latest drop in the unemployment figures should be welcomed, real wages have now been falling in every month for the past three years.
Unemployment fell by 14,000 between October and December to 2.50 million, and the unemployment rate is down to 7.8%, today’s labour market statistics reveal.