Jobs growth loses momentum as pay squeeze deepens

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Jobs, Skills and Pay

Britain’s jobs market showed potential signs of losing momentum after years of impressive growth while the recent pay squeeze deepened further, the Resolution Foundation said today (Wednesday) in response to the latest labour market figures. Today’s figures show that the UK employment rate dipped slightly from its recent peak, with recent falls concentrated among the … Continued

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Average pay falls back to February 2006 levels as jobs market holds steady

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Jobs, Skills and Pay

  The latest fall in real pay means that average earnings are no higher than they were back in February 2006, the Resolution Foundation said (Wednesday) in response to today’s labour market figures. Real earnings fell by -0.4 per cent in the three months to August. However, with the rate of inflation having increased since … Continued

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Concerning fall in apprenticeship starts after years of steady progress

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Jobs, Skills and Pay

  Concerning fall in apprenticeship starts after years of steady progress The concerning fall in apprenticeship starts suggests that the government will need to make the new Apprenticeship Levy more user-friendly for businesses to get the welcome progress of recent years back on track, the Resolution Foundation said in response to the latest figures published … Continued

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Biggest fall in low pay for 40 years, following introduction of the National Living Wage

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Jobs, Skills and Pay

The number of low-paid employees dropped by over 300,000 last year as Britain experienced its biggest year on year fall in low pay since 1977, according to a new report by the Resolution Foundation published today (Thursday). Low Pay Britain 2017, the seventh instalment of the Foundation’s flagship annual low pay report, shows that the UK remains too reliant on low paid work, defined as employees earning less than two-thirds … Continued

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Rapid increase in BAME graduates still leave big gaps when it comes to their jobs and pay packets

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Jobs, Skills and Pay

  The proportion of BAME workers with degrees has increased rapidly over the last two decades, but they still face a jobs gap and pay penalty compared to white graduates in the workforce, according to a new analysis published today (Saturday) by the Resolution Foundation. The Foundation says that the disparities facing BAME groups shows … Continued

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Welcome news on jobs isn’t filtering through into pay packets

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Jobs, Skills and Pay

  The UK jobs market continues to perform strongly but it is failing to filter through into wages as the pay squeeze continues, the Resolution Foundation said today in response to the latest labour market figures. Employment hit a new record high in the three months to July, while unemployment and economic inactivity reached fresh … Continued

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