CBI: Encouraging Signs from the UK Jobs Market
Neil Carberry
The CBI commented last week on the latest official labour market data, showing that employment grew by 16,000 and unemployment fell by 57,000 in the three months to May, while the number of people taken on as employees rose by 34,000. Neil Carberry, CBI Director for Employment and Skills, said: “Unemployment rates are still high, but there are some encouraging signs in the jobs data that support the more upbeat mood in the economy.
“More people are getting full-time work, fewer people are signing on, and pay levels are starting to rise. It’s important to remember that employment typically lags economic performance and as the economy picks up, we’d expect to see an improvement in the jobs market.”
You may have an interest in also reading…
Navigating the Future: Calculo’s Journey in Complex World of Commodity Trading
The challenges, requirements, and joys of the sector keep Calculo Capital’s CEO focused… In the rapidly evolving landscape of commodity
Forging an Enviable Reputation in the Investment Sphere — via Consistency, Teamwork, and Risk-Modelling Genius
This UK asset management firm stands out — and here’s why… In the investment world, success hinges on a combination
The Gilded Sanctuary: Inside the Last Bastion of the British Gentleman
From the smoky coffee houses of St James’s to the modern, inclusive hubs of the twenty-first century, the London club
