Hopeful signs in the labour market, but things remain a long way from normal
Today’s labour market statistics were broadly positive but there are causes for concern beneath the headlines.
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.
Unemployment fell by 37,000 between September and November to 2.49 million, and the unemployment rate is down to 7.7%, today’s labour market statistics reveal.
Richard Exell looks at what the labour market has in store for 2013.
Unemployment fell by 82,000 between August and October to 2.51 million, today’s labour market statistics reveal.
Today’s labour market stats are no cause for celebration – things could be, and should be, an awful lot better.
Richard Exell delves behind the headline unemployment figures and takes a deeper look at the latest September 2012 labour market statistics.