The path to full employment requires a greater focus on inactivity

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Work & Security

If you ask most people where jobs growth comes from they will probably point to reductions in unemployment, that is, people looking for and available to work. Somewhat surprisingly, however, during normal times most new entrants come from ‘economic inactivity’, a group that reports being unavailable for or not actively seeking work for a variety … Continued

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Building on Britain’s living standards recovery next year will require decisive action by policy makers

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Shared Growth

British policy makers might well have had a contented Christmas break. At least by recent standards. In 2015 employment reached record highs while real earnings growth returned after a six-year absence. Crucially those on the lowest earnings saw the biggest rises at over three per cent. But policy makers from the Treasury to the Bank … Continued

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The rise and rise (?) of zero hours contracts

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Work & Security

For many, zero hours contracts (ZHCs) are emblematic of the UK’s labour market experience during the financial crash, contributing to stronger-than-expected employment figures but also symbolising rising job insecurity. But with the economic recovery now gaining ground, the key question has been whether they’d fade away or remain as a permanent feature of the labour … Continued

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