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UK – Only one in every forty new jobs since the recession is for a full-time employee, says TUC

FireShot Screen Capture #1557 - 'Trades Union Congress - Young black men have experienced sharpest unemployment rise since 2010' - www_tuc_org_uk_economy_tuc-21533-f0_cfmThe share of UK jobs accounted for by full-time employees fell during the recession and has failed to recover, according to new analysis published today (Wednesday) by the TUC.

The analysis shows that the share of full-time employee jobs was 64 per cent in 2008 and fell to 62 per cent in 2014. This is equivalent to a shortfall of 669,000 full-time employees.

Just one in every forty of the net jobs added to the economy between 2008 and 2014 has been a full-time employee job. Over the same period 24 in every 40 net jobs added have been self-employed, and 26 in every 40 have been part-time.

While new employment figures due to be published today are expected to show an overall increase in employment, they are not expected to substantially reverse the reduced share for full-time employee jobs in the labour market.

The TUC recognises that part-time and self-employment are both important options for many people. However, despite recent economic growth the number of part-time employees who say they want full-time hours is still twice what it was before the recession at 1.3 million people.

Chosen excerpts by Job Market Monitor. Read the whole story at  Trades Union Congress – Only one in every forty new jobs since the recession is for a full-time employee, says TUC.


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