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…
Lord Waverley on Sanctions: The United Kingdom Acts
The United Kingdom Government has introduced the Sanctions and Anti-Money Laundering Bill to Parliament. Provisions for continuity of current sanctions
European Investment Bank: “Vienna Initiative” Keeps Credit Flowing
International financial institutions have joined forces to help calm economic turbulence and avert a collapse in the provision of credit
CBRE: Proptech Fuels Commercial Real Estate Leasing Market
It is easier than ever to evaluate and compare the features and prices of residential rental properties. The obvious first