Labour market gathers pace, but groups left behind
Authors: Charles Levy
13 November 2013
on today’s labour market statistics, Charles Levy, senior economist at
The Work Foundation, said:
labour market has moved into recovery mode. We are now creating new jobs at a
rate of 177,000 every three months. Encouragingly this jobs growth is dominated
by full time and employee jobs, reversing the recent trend towards part-time
working and self-employment. This improving situation is impacting on both
unemployment and economic inactivity, and both are now falling.
the benefits of this recovery are not felt by all. Wages are falling behind
inflation. Close to 1.5 million individuals are working part time because they
can not find full time work, a figure which continues to increase. Youth
unemployment remains stubbornly high with both long-term youth unemployment and
the number of unemployed 18-24 year olds increasing.
recovery will give the Chancellor more room for manoeuvre as he prepares for
next month’s Autumn Statement. He must find ways to support these groups into
work if this recovery is to prove sustainable.”
- Charles Levy and Ian Brinkley are available for interviews,
briefings and written comment.
- The Work Foundation aims to
be the leading independent, international authority on work and its
future, influencing policy and practice for the benefit of society. The
Work Foundation is part of Lancaster
University – an alliance that enables both organisations to further
enhance their impact.
- We have today released a report on youth unemployment, Life
and employment opportunities of young people with chronic conditions. Youth
unemployment is almost twice as high amongst young people with chronic
conditions (24% of 16-24 year olds with a work limiting disability are
unemployed, compared to 14% of those without a disability). The report
published today shows that seven out of ten (72%) young people with
chronic conditions felt at risk of unemployment during the recession,
while 97% attend work when ill due to fear of job loss. The findings
reveal negative social attitudes towards chronic conditions, in schools
and amongst employers, are leaving many young people at risk of low
earnings and exclusion form the labour market. A copy for the report, is
available from the press office. Interviews are also available with Dame
Carol Black and a young person with experience of stigma from an employer.
Kharbanda 020 7976 3646
urgent out-of-hours enquiries: 0782 552 7036