Think Tanks
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The Work Foundation - Jobs growth continues, but labour market remains a tough place for many
Commenting on labour market statistics, Charles Levy, senior economist at The Work
Foundation, Lancaster University said:
“Today’s figures from the Office for National
Statistics show that our economy is continuing to recover strongly. Comparing
the three months to April with the previous three months, employment increased
by 345,000. This is the largest three month absolute increase since comparable
records began in 1971. Encouragingly, the majority of these jobs were
full-time, employee jobs, and this growth is feeding through to falling
unemployment.”
“While these figures show that the UK is moving in the
right direction, they also underline just how tough a place the labour market
remains for many. Wages are increasing less quickly than inflation, implying
that living standards are falling for those in work. There are still 1.4
million individuals working part-time because they can’t find full time
work. The implication is that the recovery is yet to reach many
people.”
Notes to editors
1. Charles Levy, senior economist, Ian Brinkley, chief
economist and Geraint Johnes, director are all available for interviews,
briefings, analysis and written comment.
2. The Work Foundation transforms people’s experience of
work and the labour market through high quality applied research that empowers
individuals and influences public policies and organisational practices. It is
part of Lancaster University. Follow us on www.twitter.com/workfoundation or sign up to our press releases at http://www.theworkfoundation.com/Aboutus/Newsletter


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