Labour Market predictions for 2013
Gazing into my crystal ball ….
Over at Left Foot Forward I have a post listing my five employment forecasts for the coming year. By the end of 2013:
Employment will be, at best, only marginally higher than it is now;
Unemployment, using the International Labour Organization definition, will still be more than 2.5 million;
Claimant count unemployment will be higher than it is now;
Youth unemployment will still be well over 900,000;
Pay will be rising faster in the private sector but public sector managers will find it increasingly difficult to maintain the pay freeze.
You’ll need to read the post itself for the reasoning behind these predictions..