From the TUC

Labour market (page 63)

Job insecurity is a problem

01 Sep 2008, by in Economics, Labour market

Stumbling and Mumbling is an economics blog that is always worth reading. Even when you disagree, it makes you check your own position. But his take on the TUC’s job security poll is a bit off the mark. He says “this survey is no evidence whatsoever of an impending economic downturn” But that is not what…

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A Conservative committment to fair employment?

28 Aug 2008, by in Labour market, Society & Welfare, Working Life

The World Health Organisation has reported that it is within the possibilties of public policy to reduce health inequalities within a generation. A key part of their proposed solution is ‘Fair Employment and Decent Work’. Given the Conservative Party’s recent interest in highlighting the ongoing inequalities in UK health, I look forward to hearing their…

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Spinning the pay data

28 Aug 2008, by in Economics, Labour market

The broadcast media this morning are spinning the pay figures from Income Data Services as a sign that inflation is now driving up wages.  They’ve even found some ill-informed and/or self-interested pundits to claim this is the case.  As I posted yesterday, the figures don’t show this at all.  There’s a very balanced report on…

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Still waiting for the wage-price spiral!

27 Aug 2008, by in Economics, Labour market

The latest figures from Income Data Services show that pay settlements between April and July represented a 3.5% rise in salaries. Hardly inflation busting. The figures also show how diverse and responsive the UK’s pay bargaining process now is, with some sectors, such as chemicals and pharmaceuticals settling at around 4.5% while retail and the not-for-profit sectors are sticking…

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