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Dr Benjamin Reid

Encouraging signs for labour market, especially young people

Authors: Dr Benjamin Reid Anna Kharbanda

18 December 2013

For immediate release: 18 December 2013

Commenting on today's labour market statistics, Dr Benjamin Reid, senior researcher at The Work Foundation, said: 

Today’s labour market figures are encouraging. A quarter of a million new jobs, and unemployment down almost 100,000, suggest the economy is finally in full recovery mode. It looks like improvements in the overall labour market are at last starting to trickle through and make an impact on the rate of youth unemployment, down 0.1% for the key 18-24 group.

But now is not the time to be complacent: we will need many more months of  job creation before we can say that the UK's youth unemployment crisis is in full remission
"


Ends

Notes to editors

1. Dr Benjamin Reid is available for interviews, briefings and written comment.
2. 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. 


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