Unemployment up 70,000 to 2.56 million
Unemployment rose by 70,000 between December 2012 and February 2013 to 2.56 million, and the unemployment rate has risen to 7.9%, today’s labour market statistics reveal.
jobs
Tories living in the land where the Magic Job Tree grows alongside the Magic Money Tree
This policy will only work in the land where the Magic Job Tree grows alongside the Magic Money Tree that ensures all such jobs are well paid. And that only exists in the head of some policy wonks in Tory think tanks.
Has stagnation caught up with the labour market?
Today’s figures (covering November to January) have people wondering if the labour market may be running out of road. The key figure in today’s release is for pay. Average weekly earnings for regular pay (3 month average) in January were just 1.2 per cent higher than they had been a year earlier – the fifth successive fall in the annual rate of increase.
Unemployment up 7,000 to 2.52 million
Unemployment rose by 7,000 between November 2012 and January 2013 to 2.52 million, but the unemployment rate stays at 7.8%, today’s labour market statistics reveal.
Four chasing every UK job
Four people are chasing every job in England, Scotland and Wales, and in some areas more than 10 jobseekers are chasing each vacancy, according to a new survey.
Wages and productivity falling despite positive unemployment figures
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 down 14,000 to 2.50 million
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.
Government risks a ‘lost decade’ for deprived areas
The government heralded the fall in unemployment as evidence their economic strategy is working – but in deprived areas the picture is less rosy.
Why are British workers getting less productive?
The IFS produced a new report today examining why British workers are getting less productive.
The rise in apprenticeships is not as good as it looks
Jonathan Clifton, senior research fellow at the Institute for Public Policy Research, explains why the rise in apprenticeships is not as good as it looks.