Job Market Monitor
Trades Union Congress
UK – Only one in every forty new jobs since the recession is for a full-time employee, says TUC
The 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 … Continue reading
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
Youth Transitions / A function of how economic, education and employment policies interact
“Youth unemployment was rising since well before the current economic downturn, but the fallout from the financial crisis has brought it to the top of the government’s agenda and generated a plethora of publications and initiatives to tackle the problem.” write Tess Lanning and Katerina Rudiger in Youth unemployment in Europe: lessons for the UK (Adapted chosen excerpts by … Continue reading
UK – Young black men have experienced sharpest unemployment rise since 2010
Young black men have experienced the sharpest rise in unemployment since the coalition came to power, with more than one in four of all black 16-24 year olds (26 per cent) currently out of work, according to a TUC report on youth unemployment published today (Wednesday). The TUC report, published to coincide with the TUC … Continue reading
UK | Youth main job sectors have shed nearly a million jobs since 2007
The manufacturing and construction sectors have suffered the biggest loss of jobs since the eve of the recession, while finance and business services is the only sector with a bigger workforce today, according to a TUC analysis published today (Tuesday) ahead of a busy week of economic indicators. The TUC analysis looks at industries including … Continue reading
UK | More graduates in low skilled jobs
BBC News – Recent graduates are more likely to be working in lower skilled jobs than they were 10 years ago, new figures show. Over a third of recent graduates were in non-graduate jobs at the end of 2011 – up from around a quarter in 2001. The figures, from Office for National Statistics, also … Continue reading
Cut redundancy consultations and risk increasing unemployment, warns TUC
Reducing consultation rights during collective redundancy exercises could cost jobs, damage workforce morale and increase unemployment, the Trades Union Congress (TUC) warns today (Monday). Currently, where employers are proposing to make between 20 and 99 employees redundant, they must allow for at least 30 days consultation with unions or workplace representatives before any job cuts … Continue reading
Trades Union Congress – Jobless cleaners, caterers and machine operators amongst those most at risk of long-term unemployment
If they become unemployed, low-paid workers such as cleaners, catering assistants and machine operators are most likely to be on the dole for more than six months, according to a new TUC analysis published today (Monday) ahead of the latest unemployment statistics this week. The TUC analysis shows that as unemployment rises and the number … Continue reading
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