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…
Lancaster University Spinout Secures Funding to Advance Healthcare Diagnostics
Lancaster University spin out CCI Photonics has secured significant funding to develop its diagnostic technology, which aims to improve healthcare
Access Granted: Simple Policies in a Complicated Financial Ecosystem
The Access Bank UK is a Nigerian success story that has passed the $100m milestone for three years in a
The Perfect Storm in Energy Infrastructure: High-Density Hydro, Cost Deflation, and Geopolitical Security
The hypothesis is clear. The energy transition has moved from a climate-led investment cycle to a security-led industrial buildout, and
