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…
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
SPP AI Governance Framework: What “Human Oversight” Now Has to Mean
The Society of Pension Professionals’ new framework, Governance in the Age of AI, argues that artificial intelligence needs no new
Supporting African Businesses: A Focus on Sustainability and Close Customer Relationships
The Access Bank UK Ltd is making significant strides with its international expansion – and there are good reasons for
