From the TUC

TUC Economic Quarterly Report #3

12 Feb 2014, by in Economic Reports

This TUC economic quarterly report provides an analysis of UK economic and labour market developments over the three months to February.  

In this issue we find 

  • The recovery remains unbalanced with business investment and net trade lagging expectations
  • Improvements in headline employment measures mask concerning regional trends.  Falls in real wages continue.
  • Since the recession the composition of the UK jobs market has changed, with part-time and self-employed work now more common and higher proportions of people working in lower paid sectors.
  • Post-2008 the economy has been marked by exceptionally weak productivity growth.
  • While stronger demand is likely to reverse some of the UK’s recent productivity falls, wider economic policy change is also likely to be necessary to deliver a better balanced and more productive recovery.

Download TUC Economic Quarterly 3- February 2014