
Jobs or pay – we still haven’t got the hang of delivering on both
There are good reasons to worry that stalling earnings may stifle household demand

There are good reasons to worry that stalling earnings may stifle household demand

As risks to the global economy increase, these cuts are all the more dangerous

Unemployment decreased by 79,000 in the three months to August 2015

Unemployment increased by 10,000 in the three months to August

We should be cautious about seeing a labour market trend from a month or two of bad figures

But what would that mean in practice?

As the prime minister boasted about the coalition’s jobs record, the reality was heading in the opposite direction

London has outperformed the rest of the UK in economic and jobs growth since 2010

Real earnings are increasing but are too dependent on low inflation

Unemployment decreased by 35,000 in the three months to March