Analysis and action on living standards
Jobs, Skills and Pay
A glance at the labour market statistics will tell you that there’s a lot of involuntary underemployment. The number of people in this position –working few hours or in lower-skilled jobs for lack of finding something more suitable – is worryingly high and has been for some time. At the start of 2008, 1 million people … Continued
Jobs, Skills and Pay
Employment has gone up and unemployment has gone down. This is good news. But it should not be taken at face value. A closer look at today’s data shows an increase in the number of people involuntarily working in part-time or temporary jobs. As the chart below shows, there has been a sustained rise in … Continued
Jobs, Skills and Pay
Unemployment is up. That’s the latest from the Office of National Statistics. Their stats released this morning show 48,000 people fell out of work in the last quarter, with the unemployment rate rising to 8.4 percent. For ministers looking for a positive spin, the good news is that employment’s also up, and there has been a slight … Continued