Job Market Monitor
Frances O’Grady
UK – Take account of unemployment before raising interest rates says TUC to Bank of England
TUC boss Frances O’Grady has urged the government to widen the Bank of England’s remit to take account of unemployment before Threadneedle Street considers raising interest rates. Speaking before the start of the TUC’s annual congress, when the Bank governor, Mark Carney, will make a speech, O’Grady said the success of the Bank’s interest rate … Continue reading
UK – Unemployment is deliberately high says TUC
Frances O’Grady – incoming TUC general secretary – has suggested in a Guardian interview today that high unemployment is a deliberate ploy being used by the government to suppress wage claims and destroy employment rights. As she puts it: There was certainly a strong view in the 1980s, not just among trade unions, but also among a number of intellectuals and commentators, that unemployment was being … Continue reading
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