Public sector job cuts now seem to be having an impact on the UK labour market. Excluding employment as a result of this year’s census, employment in the public sector fell by 97,000 between March and June.
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A further 37,100 people claimed JSA over the last month, and the claimant count is now 0.3 percentage points higher this time last year.
The number of people working part time because they could not get a full time job now stands at a record high of 1.25 million people.
There is a great deal of excitement about the fall in unemployment - 88,000 people in the three months to April – in the press on the back of June’s labour market statistics.
Monthly Labour Market Briefing from Paul Swinney - the Coalition one year on.
Monthly Labour Market Briefing from Paul Swinney, with an overview of the Work Programme.
Monthly Labour Market Briefing from Paul Swinney, with analysis of the impact of the recession three years on.
Monthly Labour Market Briefing from Paul Swinney, with a focus on youth unemployment.
Youth unemployment has been a problem in the UK for a long time, but is getting a lot worse in the current recession. Over half a million young people were unemployed in February 2008. Now, around 900,000 young people are jobless. During 2010, youth unemployment is likely to exceed 1 million.