Labour market· Pay Five take-aways from the 2022 ASHE release: a bad year for pay growth, but good news on pay inequality 27 October 2022 by Nye Cominetti and Charlie McCurdy …that isn’t affected by the pandemic and the furlough scheme – many of the 9 million furloughed workers (at peak) were on reduced pay, which affected estimates of pay and… READ MORE
Labour market· Pay Unemployment hits a record low but pay is still falling in real terms 17 May 2022 by Greg Thwaites …therefore come to be reflected in higher prices as firms try to recoup these costs. Last of all, pay growth is still being distorted by the furlough scheme, which pushed… READ MORE
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· Pay January’s labour market data confirms 2022 will be the year of the pay squeeze 18 January 2022 by Nye Cominetti …the crisis (the unemployment rate peaked at 5.2 per cent), the millions of workers on furlough meant it was impossible to call the labour market ‘tight’. But with the furlough… 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
Labour market· Low pay· Pay· Living Wage Earning back better The future of low pay in Britain Monday 7 June 2021 …too – from the transition from furlough back to employment, to attempts to live up to the rhetorical commitments to build back better. How have low-paid workers been affected by… 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