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Authors: Ian Brinkley
17 April 2013
Commenting on today’s labour market statistics, Ian Brinkley, director of The Work Foundation, said:
“As we predicted, economic reality has caught up with the labour market. The jobs recovery of 2012 appears to have stalled.
“Comparing the three months to February with the previous three months shows that our economy has stopped creating new jobs, unemployment is increasing and wage growth has stalled. The increase in youth unemployment is of particular concern and disappointing given the Coalition has made tackling youth unemployment such a high priority.
“These numbers should be a spur for the government to focus the upcoming Spending Review on supporting activities with the potential to create jobs and drive growth.”
Notes to editors
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