Nye Cominetti
Jobs
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Labour market
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Pay

The labour market is delivering on jobs and pay – it is vital for living standards that we keep it that way

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A tight labour market is finally delivering decent pay growth. In the three months to July 2019, average weekly regular pay (i.e. excluding bonuses) grew by 1.9 per cent on the previous year (slightly down on the previous month). Given that average real pay grew by 2.1 per cent in the eight years prior to … Continued

Nye Cominetti
Pay

How to get a pay rise

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How do you get a pay rise? You could try to wrangle more out of your employer with canny negotiating tactics. That may help. But it’s not how the majority of us see our pay rise – and occasionally fall – over time. In practice, other factors are likely to be more important. Some of … Continued

Nye Cominetti
Jobs
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Labour market
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Quality and security
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Low pay
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Pay
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Minimum wage

Is the minimum wage pushing people into self-employment?

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Two big changes in the labour market over the past two decades have been the rise in self-employment and the introduction and uprating of the minimum wage. Is there a connection between these trends? Legally, of course, there is no connection – the minimum wage applies to employees only. But economically, we would expect one. … Continued

Nye Cominetti
Jobs
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Labour market
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Productivity & industrial strategy
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Pay

Two and a half reasons to be cheerful about our strong and stable labour market

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Today’s labour market statistics were, to use a technical term, boring. In a world of high political and economic drama, our labour market has served up headline measures of real pay growth and employment which basically haven’t changed for four months in a row. We shouldn’t bemoan unchanging numbers. Like air travel and digging tunnels, … Continued

Nye Cominetti
Earnings Outlook
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Labour market
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Pay

Will 2019 see a ‘new dawn’ for pay?

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What does 2019 have in store for pay? 2018 was the year in which we left behind the pay squeeze of 2017. Nominal growth increased throughout the year, reaching 3 per cent for the first time in a decade. Will this momentum continue into 2019? The Bank of England thinks so. It forecasts average pay … Continued

Nye Cominetti

Good tidings from the UK labour market

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Earlier this year, in a fit of optimism, the ONS moved its monthly labour market stats release from Wednesday to Tuesday morning so that the data would have proper scrutiny before PMQs. With little in the way of voting going on, MPs can now spend the next 24 hours poring over the latest employment and … Continued

Nye Cominetti
Labour market
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Quality and security
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Housing
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Wellbeing
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Time use
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Intergenerational Centre

All aboard the Millennial Express – longer commutes for less pay

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The ONS serve to uplift and depress analysts like me in equal measure. And today they served up the latter, with new figures showing that the number of people commuting for more than an hour to get into work has increased by almost a third (31 per cent) since 2011. Longer commutes are good news … Continued

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