This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.Find out more here


To discuss how you and your organisation can get more involved with The Work Foundation, please contact us.

Call 020 7976 3575 or email


Professor Geraint Johnes

A recovery that is struggling to sustain itself

Authors: Professor Geraint Johnes

17 September 2014

Commenting on today's labour market statistics, Geraint Johnes, director at Lancaster University’s Work Foundation said:

Almost half of the increase in employees over the last quarter is accounted for by an increase in part-time employment, a gain of 30,000. This reinforces concerns that many people are underemployed and would like to work more hours than they currently supply. It also suggests that there remains significant spare capacity in the labour market.

Wage growth is still very sluggish at 0.7%, and well below the rate of price inflation at 1.5%. This means that real wages are still falling. The absence of any significant sign of wage pressure indicates that any skills shortages are very sector-specific and that, taken as a whole, again reinforces a large measure of spare capacity in the labour market.

Productivity remains stagnant. We might expect to see this rise somewhat as the benefits of increased business investment come through over the next few months, though the environment is still challenging.”


Notes to editors

1. Ian Brinkley, chief economist is available for interviews, blogs, 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. The Work Foundation is part of Lancaster University – an alliance that enables both organisations to further enhance their impact.

Media enquiries:

Sophia Ghonim 020 7976 3513

For urgent out-of-hours enquiries: 0782 552 7036

Follow us on or signup to our press releases at or by replying to this email.

If you would like to unsubscribe then please reply to this email to let me know.