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New figures show women’s employment prospects the worst for decades

Date: 14. September 2011
James Plunkett and

This post orginially appeared on Left Foot Forward

With the coalition’s efforts to win back female voters in the news today, this morning’s new employment stats (pdf) couldn’t have come at a worse time.

The figures on women’s employment are terrible.

First, underemployment – an area of particular importance to women in the jobs market – has reached historic highs:

    • The number of people working part-time because they can’t find full-time work is up 70,000 quarter-on-quarter to 1.28 million, the highest figure since records began in 1992.

 

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Macroeconomic Analysis

Telling the story of the recession

Date: 12. September 2011
James Plunkett and

This post originally appeared on Left Foot Forward

One of the toughest challenges of economic policy is effective and timely communication.  Few Governments will survive long if their economic message is out of alignment with what people are feeling.  That’s why when ministers point to ‘green shoots’ too early you can expect a speedy retraction.  But in a subtler way, it’s also why the Chancellors’ job is in no small part about story-telling.  Like bad Hollywood movies, we deal with recessions in broad narrative arcs.

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Family debt

Household finances are a ‘millstone’ around the neck of recovery

Date: 25. August 2011
James Plunkett and

This blog first appeared on Left Foot Forward

A new poll out today from the Resolution Foundation confirms the extent to which poor household finances are now exerting a downward pull on the UK economy. The poll, carried out for the Foundation by ipsos MORI, finds that almost half of all people on low-to-middle incomes now say have no cash left over at the end of each month. More than one in four say they don’t make any regular savings. The findings reveal in stark terms that millions of ordinary households – not the poorest, and the vast majority in work – are now living on the edge of their means.

 

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