Jobs· Labour market· Pay The labour market is delivering on jobs and pay – it is vital for living standards that we keep it that way 10 September 2019 by Nye Cominetti 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 READ MORE
Jobs· Labour market· Quality and security· Low pay· Pay· Minimum wage Is the minimum wage pushing people into self-employment? 29 July 2019 by Nye Cominetti 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 READ MORE
Jobs· Labour market· Pay· Intergenerational Centre It’s getting better all the time? 5 July 2019 by Stephen Clarke In 1957 the Prime Minister Harold Macmillan told the country that it had “never had it so good”. Since then more than six decades have elapsed, and each successive generation has debated whether this applies to them. Such debates continue to rage. Some commentators have argued that today’s young people are more fortunate than previous … Continued READ MORE
Jobs· Labour market· Productivity & industrial strategy· Pay Two and a half reasons to be cheerful about our strong and stable labour market 11 June 2019 by Nye Cominetti 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 READ MORE
Jobs· Labour market· Quality and security Union membership is rising again – but will it last? 31 May 2019 by Daniel Tomlinson In 2018 the Trades Union Congress (TUC) celebrated its 150th birthday. Yesterday the government delivered a somewhat belated birthday present to the union movement in the form of new statistics showing that membership levels have risen significantly for the first time in almost two decades. Happy birthday TUC! In this short blog post, we provide … Continued READ MORE
Jobs· Labour market· Skills Taking stock of skills and education in Brexit Britain 19 March 2019 by Kathleen Henehan The skills and qualifications held by the British workforce have come under increased scrutiny lately, tied as they are to the Brexit-related migration debate. Some have argued that ‘turning off the tap’ of migrant labour will cause immediate, and substantial, recruitment difficulties for firms. Others maintain that reduced levels of migration could compel educators and … Continued READ MORE
Jobs· Labour market· Pay Tight labour market breaks new ground on jobs 22 January 2019 by Stephen Clarke The UK labour market continues to confound. It seemed as though the seven year spurt in employment that began in late 2012 had come to an end in 2018. The number of people in work barely increased in the summer of last year and even fell in the three months to August. However, unlike many … Continued READ MORE
Zero-hour contracts· Jobs· Labour market· Quality and security Enforce the rules to help workers in Britain’s changing workforce 17 December 2018 by Lindsay Judge It’s here at last. Almost a year and a half after the Taylor Review was published and four consultations on, the government has finally released its plan of action to improve the quality of jobs in the UK. So is this an early Christmas present for the millions of people who work through an agency, … Continued READ MORE
Jobs· Firms· Labour market Relocation, relocation, relocation – why workers in firms are increasingly staying put 13 November 2018 by Stephen Clarke Channel 4 (or at least some of it) is off to Leeds. Some staff may be relishing the move, some may have wanted to move to Manchester or Birmingham, while others may have just wanted to stay put. Despite the mixed feelings one thing is undisputed; Channel 4 staff are now part of an increasingly … Continued READ MORE
Jobs· Labour market· Skills Alternative paths to success? The jobs landscape facing young non-graduates today 18 September 2018 by Conor D’Arcy and Kathleen Henehan From photos of jumping A level students to guides to freshers’ week, at this time of year it can feel like university is the only route taken by teenagers. But in fact, fewer than half of young people follow this seemingly well-trodden path at 18. And, as this morning’s ONS publication about non-graduates’ employment patterns … Continued READ MORE
Jobs· Labour market Full employment: we’re half way there 22 August 2018 by Stephen Clarke In early 2014 the then Chancellor, George Osborne committed to ‘fight for full employment’. At the time the employment rate (for those aged 16 – 64) was 72.9 per cent and the unemployment rate (for those over 16) 6.4 per cent. The Chancellor didn’t commit to a specific figure, but his goal was to have … Continued READ MORE
Jobs· Labour market· Pay· Skills Employers are offering a growing ‘disloyalty bonus’ – young people should take advantage 2 August 2018 by Stephen Clarke This piece was first published on i. First they took away the long-service awards: carriage clocks and gold watches; now they’re coming for your pay rises; loyalty no longer pays in UK firms. That’s the big takeaway from new Resolution Foundation research looking at what’s happening in the jobs market. In the late 1990s if … Continued READ MORE
Jobs· Labour market· Pay· Skills Spotlight: The growing ‘disloyalty bonus’ 2 August 2018 by Stephen Clarke Working out whether it’s worth waiting for Godot relies on a clear reading of what’s happening to wage growth. One factor that influences this is the changing composition of the workforce. In the short-run one of the big changes is that since 2012 the number of people employed in the UK has risen by 2.5 … Continued READ MORE
Jobs· Labour market· Pay More good news today for low-income families, unless they want a pay rise 17 July 2018 by Stephen Clarke The Office for National Statistic’s monthly release of labour market statistics is an opportunity for economists and commentators to probe the state of the UK economy. Many Twitter characters have been spilt arguing if the figures presage faster wage growth, where employment may heading next, and what all this means for the Bank of England’s … Continued READ MORE
Jobs· Labour market Women are leading the charge of Britain’s impressive employment record 12 June 2018 by George Bangham Another set of labour market statistics, another round of mixed news. On pay, it’s the all-too-familiar problem of sluggish wage pay growth, with average weekly earnings still £15 below their pre-financial crisis peak (in real terms). On jobs, it’s another familiar tale, but a much more positive one – alongside overall record employment rates, the … Continued READ MORE
Jobs· Labour market· Productivity & industrial strategy· Pay Britain’s labour market – the good (jobs), the bad (pay) and the ugly (productivity) 15 May 2018 by George Bangham This month’s labour market statistics gave us a classic mixed bag of results, with reasons to be cheerful on jobs, confused on pay, and downright depressed when it comes to Britain’s productivity record. Let’s start with the good news on jobs. Employment has hit another new high, with recent growth driven by full-time work – … Continued READ MORE
Jobs· Labour market· Productivity & industrial strategy Britain passes a major milestone on pay and breaks new ground on jobs – but there’s a productivity sting 17 April 2018 by Stephen Clarke This morning UK labour market passed a few living standards milestones on pay and jobs with two good pieces of news, one expected and one a surprise. We also got a hint of more good news to come. But we also got one bit of bad news. Let’s start with the good. Today pay growth … Continued READ MORE
Zero-hour contracts· Jobs· Labour market· Quality and security Deeds not words – what we needed from the government’s response to the Taylor Review today 7 February 2018 by Torsten Bell Yesterday, Britain celebrated the success of the ‘deeds not words’ campaign that won women the vote. Today, we have something of the opposite in the government’s response to last summer’s Taylor Review of Modern Working Practices. It’s not nothing, but those hoping for a bold new dawn in the rules that govern Britain’s labour market … Continued READ MORE
Jobs· Labour market Reading the runes on Britain’s labour market 24 January 2018 by Stephen Clarke The UK labour market has shifted into different gears over the last decade. The first – and most dramatic – move happened early in 2009 when real pay began to fall for the first time in decades. Early in 2012 the jobs market bottomed out and five years of nearly uninterrupted employment growth began. 2015 … Continued READ MORE
Jobs· Labour market· Quality and security· Pay Unwrapping the agency worker pay penalty 21 December 2017 by Lindsay Judge Christmas is coming – and many of the presents we’re all busy buying are being picked and packed in warehouses, delivered by drivers, or sold to us in shops by staff who are not directly employed, but who work through an agency instead. So how has this part of the workforce fared over the course … Continued READ MORE
Zero-hour contracts· Jobs· Labour market· Quality and security Icebreakers, overtime and the squeezed middle 12 December 2017 by Torsten Bell One of the wonders of life is that there are a lot of things to talk about. But one of its big let downs is that when people regularly spend time together they often spend it talking about the same old things; the weather, what mutual acquaintances have been up to, the rest. But every … Continued READ MORE
Jobs· Labour market· Quality and security We need to put the changing world of work back in the spotlight 20 November 2017 by Conor D’Arcy Angst over diminishing attention spans is widespread these days, with the reaction to Twitter’s expansion to 280 characters a case in point. That’s long been true in politics: even the most important of issues need a regular drumbeat to maintain public interest. And it certainly applies to the problems highlighted by the Taylor Review of … Continued READ MORE
Jobs· Labour market· Cities and regions Charting a course to better jobs in Greater Manchester 26 October 2017 by Stephen Clarke Andy Burnham, the mayor of Greater Manchester, has just announced that he is looking at creating a ‘GM Employers’ Charter’ to raise productivity and job quality in the region. As a first step the Mayor is seeking the views of employers, workers, trade unions and other experts, so it’s a good time to take stock … Continued READ MORE
Jobs· Labour market· Intergenerational Centre Graduates and the young are spearheading a decline in regional mobility 15 August 2017 by Stephen Clarke It is often assumed that the millennial generation (broadly speaking those born in the 1980s and 1990s) spend all their money on holidays, avocado toast and iPhones, and are all cultivating ‘portfolio careers’ disdainful of the notion of a job for life. Like most stereotypes there is perhaps some truth in this. People are travelling … Continued READ MORE
Jobs· Labour market· Productivity & industrial strategy· Low pay Morrisons matters: we need an industrial strategy for pay packets 25 July 2017 by Torsten Bell Like excessively floral play suits, industrial strategy has made a comeback from that strange land we call the 1970s. It’s all the rage. The government has named a department after it. Jeremy Corbyn is so keen to set that strategy free of European rules and regulations, he wants to leave the single market over it. … Continued READ MORE
