Latest figures show strong jobs growth again – but the numbers of young and long-term unemployed remain worryingly high Commenting on the latest Labour Market Statistics released today by the Office for National Statistics, CIPD Chief Economist Mark Beatson said: “Today’s headline figures continue the pattern of recent months. Increased confidence in economic growth is feeding through to the labour market. Recruitment is up and the official number of vacancies is at its highest level since the autumn of 2008. The number of people employed grew by 155,000 in the last quarter yet there is no sign yet of increased demand leading to higher wages across the board– indeed, average earnings in August were unchanged from the previous month and the annual growth rate for the last three months is just 0.7%, two percentage points below the current rate of inflation news.advogroup.co.uk/latest-figures-show-strong-jobs-growth-again-but-the-numbers-of-young-and-long-term-unemployed-remain-worryingly-high/
Posted on: Fri, 25 Oct 2013 09:21:16 +0000
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