Richard Exell

This month’s Labour Market Report looks at the latest employment and unemployment statistics. Over the past twelve months the number of people in employment has grown by 584,000 but is that figure misleading? Average earnings growth is still below inflation but there are some indications that pay negotiations are starting to win higher settlements than we saw in the second half of 2012. How unions can build on this trend will be one of the key issues at this year’s TUC-IDS Pay Forum on 6 March.