Real Wages Rise. Employment Surges. Unemployment Plummets
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Real Wages Rise. Employment Surges. Unemployment Plummets
New labour market data from the ONS has revealed that in the last quarter of last year, 167,000 more people became employed. 2018 ended with 444,000 more people in work than a year before. The UK’s employment rate now stands at the joint-highest it has ever been since records began in 1971. Meanwhile almost 60,000 fewer people are relying on zero-hours contracts…
The unemployment rate has plummeted too, with as low levels not being since since the end of 1974. Unemployment fell by 100,000 over the course of the year, meaning every day 274 unemployed people found a job. Meanwhile, wages have risen again by 3.4%, and excluding inflation real wages are up by 1.3%. Despite Brexit, Britain’s jobs miracle continues…
https://order-order.com/2019/02/19/real-wages-rise-employment-surges-unemployment-plummets/
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/february2019
The unemployment rate has plummeted too, with as low levels not being since since the end of 1974. Unemployment fell by 100,000 over the course of the year, meaning every day 274 unemployed people found a job. Meanwhile, wages have risen again by 3.4%, and excluding inflation real wages are up by 1.3%. Despite Brexit, Britain’s jobs miracle continues…
https://order-order.com/2019/02/19/real-wages-rise-employment-surges-unemployment-plummets/
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/february2019
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Re: Real Wages Rise. Employment Surges. Unemployment Plummets
you forgot
"DESPITE BREXIT"
The Devil, You Know- Forum Detective ????♀️
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Re: Real Wages Rise. Employment Surges. Unemployment Plummets
Thor wrote:New labour market data from the ONS has revealed that in the last quarter of last year, 167,000 more people became employed. 2018 ended with 444,000 more people in work than a year before. The UK’s employment rate now stands at the joint-highest it has ever been since records began in 1971. Meanwhile almost 60,000 fewer people are relying on zero-hours contracts…
The unemployment rate has plummeted too, with as low levels not being since since the end of 1974. Unemployment fell by 100,000 over the course of the year, meaning every day 274 unemployed people found a job. Meanwhile, wages have risen again by 3.4%, and excluding inflation real wages are up by 1.3%. Despite Brexit, Britain’s jobs miracle continues…
https://order-order.com/2019/02/19/real-wages-rise-employment-surges-unemployment-plummets/
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/february2019
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Re: Real Wages Rise. Employment Surges. Unemployment Plummets
I'm naturally skeptical. This tells us nothing of the longevity or type of jobs people are working. It would also be interesting to see a breakdown in the rise in income and how that is distributed among people on high and low incomes.
Nevertheless, it's good news to have more people working. Let's hope it continues post leaving the European Union
Nevertheless, it's good news to have more people working. Let's hope it continues post leaving the European Union
Eilzel- Speaker of the House
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Re: Real Wages Rise. Employment Surges. Unemployment Plummets
Where in the UK is this happening?
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Re: Real Wages Rise. Employment Surges. Unemployment Plummets
you forgot:
"INCLUDING INFLATION"
Original Quill- Forum Detective ????♀️
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Re: Real Wages Rise. Employment Surges. Unemployment Plummets
Original Quill wrote:you forgot:"INCLUDING INFLATION"
What inflation?
https://www.theguardian.com/business/2019/jan/16/uk-inflation-falls-to-lowest-level-in-two-years
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