The TUC’s latest Labour Market Report is now available online.
In this issue:
- Employment up 90,000, and unemployment down 37,000.
- Regional labour market picture varies.
- Wages continue to fall in real terms.
TUC analysis shows that since the start of the recession in 2008 the small rise in employment levels has been driven by a nine per cent rise in the number of self-employed workers. Over the same period, the number of employees has actually fallen by one per cent. The latest data shows a slight improvement in the number of employed workers, however since the start of the recession the number of self-employed workers have increased by 333,000, the number of employees has fallen by 201,000.
The TUC’s latest Labour Market Report is now available online. Whilst there is good news, there is still cause for concern. Youth unemployment is still just under a million. Long term unemployment has continued to increase for those unemployed for over a year; 897,000 people have been unemployed for over one year and 444,000 people have been unemployed for over two years. Over 2 million people remain underemployed as 1.4m people are in part time work because they cannot find full time work, and 649,000 are in temporary work because they cannot find permanent work.
The TUC’s annual climate change conference 2012 focused on how to deliver a greener and stronger UK economy, with speakers including Caroline Lucas MP, Luciana Berger MP, Lord John Deben, Vince Cable MP and Frances O’Grady. You can watch videos of some of the conference sessions below.
Session: Rt Hon Dr Vince Cable MP, Secretary of State for Business, Innovation and Skills