March 2024 ONS Labour Market – Youth inactivity at highest on record. Sector Response
2.7 million people are now not working due to long-term sickness Main points Payrolled employees in the UK rose by 15,000 (0.0%) between December 2023…
Labour Market Information (LMI) is information about what is happening in a labour market. LMI tends to focus on the industries that are growing and declining, the types and levels of jobs are increasing and decreasing and what supply of labour is available – numbers, skill and qualification levels.
Definition: A labour market is the place where workers and employees interact with each other. In the labour market, employers compete to hire the best, and the workers compete for the best satisfying job. Description: A labour market in an economy functions with demand and supply of labour.
2.7 million people are now not working due to long-term sickness Main points Payrolled employees in the UK rose by 15,000 (0.0%) between December 2023…
According to the February ONS Labour Market data (13th February 2024) over the last year, employment growth has slowed and over the same period, the…
Welcome to FE Soundbite Edition 729, January 20th 2024: An Estimated 49,000 Vacancies Fell in the Last Quarter This is the weekly e-newsletter and e-journal…
From October to December 2023, the estimated number of vacancies in the UK fell by 49,000 in the quarter to 934,000. Vacancies fell on the…
Reed.co.uk unveils 2023 labour market review: rising applications and better pay for workers, despite a challenging economy Reed.co.uk, one of the UK’s leading jobs and…
There were 131,000 working days lost because of labour disputes across the UK in October 2023. Three-fifths of the labour disputes were in the health…
Payroll employment is at a record high at 30.2 million – 398,000 higher than this time last year and 1.2m higher than before the pandemic. November Main Points…
Labour market continued to cool over the summer – but data quality problems make it harder to make crucial decisions on interest rates and inactivity The…
In the ever-evolving landscape of further education, staying ahead of the curve is crucial. The FE News team is proud to announce their first-ever event,…
Sharp rise in young people outside education and work – close to 1.1 million, highest figure since first lockdown in 2020. The UK employment rate…
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