From the TUC

Labour Market Report #7

23 Sep 2010, by in Economic Reports, Labour market

Today we publish our latest Labour Market Report, looking at the latest employment and unemployment figures. There’s some good news, including very strong employment growth and a significant fall in the number of redundancies. But there are worrying indicators as well. ‘Claimant count’ unemployment is up a little, so is unemployment among 18–24 year olds. There has been an increase short-term unemployment that could be a blip or could be the first sign of something worse.

Altogether, these figures suggest a labour market that has begun to reflect the GDP growth that has been taking place for several months, but not the self-sustaining growth that would alleviate worries about the impact of government cuts.

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