Positive labour market figures are to be understood in the context of the post-crisis period as a whole and must not detract from the long-standing pressures on working people.
Tag Archives: Labour Market
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.
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.