Labour Market Outlook· Labour market· Pay Labour Market Outlook Q1 2022 How should we interpret strong nominal earnings growth? 9 April 2022 by Nye Cominetti and Karl Handscomb and Hannah Slaughter and Greg Thwaites …was accounted for by furloughed workers moving back onto their full pay as they returned to work. The furlough effect will continue to push up pay growth until the autumn… READ MORE
Labour Market Outlook· Labour market Labour Market Outlook Q3 2021 Prospects for unemployment after the Job Retention Scheme 5 September 2021 by Hannah Slaughter and Greg Thwaites …rise later this year When considering the likely scale of moves from furlough into unemployment, it is also key to consider the profile of people currently on furlough. Age continues… READ MORE
Labour Market Outlook· Pay Labour Market Outlook Q2 2021 Q2 2021 14 June 2021 by Hannah Slaughter …increase (although it is still 700,000 lower than it was in early 2020); furlough rates are falling; and vacancies have recovered to pre-crisis levels. Despite the swift roll-out and encouraging… READ MORE
Covid-19· Labour Market Outlook· Labour market· Pay Earnings Outlook Q4 2019 How should minimum wage policy respond to the current economic crisis? 28 March 2020 by Nye Cominetti and Karl Handscomb …economic crisis? The Government’s economic policy response to the virus outbreak is focused on reducing firm’s short-term costs, to aid firm survival, and subsidising the pay of furloughed workers, to… READ MORE