From the TUC

Growth of insecure work has added to labour market disadvantage for Black, Asian and minority ethnic groups

Anjum Klair

02 Jun 2017, by in Labour market

The growth of insecure work has exacerbated the inequalities that Black, Asian and minority (BAME) ethnic workers already face. The experience of insecure work differs between different ethnic groups, but the overall pattern is one in which BAME workers are significantly disadvantaged in the labour market. Previous TUC analysis showed that there are 3.2 million…

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Productivity: the long global view

Geoff Tily

26 May 2017, by in Economics

We’re often told that the key to raising wages is to solve the ‘productivity puzzle’. Output per worker has stagnated since the financial crisis, leading economists to worry that the outlook for the economy is bleak. But a range of evidence across many countries suggests that the fall in productivity can be dated back to…

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Keeping workplace pensions working: responding to the government consultation on defined benefit pensions

Tim Sharp

23 May 2017, by in Pensions & Investment

While the General Election takes centre stage, within Whitehall, a process is quietly going on that could affect the living standards of upwards of 11 million people. Last week, a government consultation on the future of defined benefit (DB) pensions – the type that pay an income based on our salary and length of service – closed to submissions.…

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Why aren’t wages rising?

Kate Bell

17 May 2017, by in Economics

Today’s labour market figures presented yet another iteration of the puzzle of the UK labour market in recent years: why are higher employment rates not pushing up wages? Traditional labour market theory tells us that as unemployment falls, workers feel more secure in their jobs and more able to push for wage increases, employers need…

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