From the TUC

The Labour Market in One Chart

19 Apr 2012, by Guest in Economics

Yesterday I wrote that the ‘recovery’ in the labour market was driven part-time and precarious work and marked by falling real wages. The chart below sums up many of the outstanding issues:

3 Responses to The Labour Market in One Chart

  1. Gareth
    Apr 19th 2012, 9:16 pm

    Yup, horrible graph. And even when it was rising 2010-2011 it was only keeping up with population growth.

  2. The labour market’s underlying weaknesses | ToUChstone blog: A public policy blog from the TUC
    Apr 20th 2012, 1:01 pm

    […] bit deeper, there’s some very worrying trends. The big factor was summed up in Duncan’s labour market in one chart yesterday: the overall improvement is masking a longer-term stagnation in full-time employment. In […]

  3. Anthony Lawton
    Apr 23rd 2012, 12:46 pm

    The chart is important and the situation it communicates appalling (and personal – I am hunting a full-time role); but it would ‘sum up’ the issues better if it followed good statistical chart practice and indicated that the left hand axis actually does not start at zero, with the customary couple of slanted lines or similar.