Chancellor suggests the ‘default’ location for workers should be in the office
Jeremy Hunt has suggested that the ‘default’ location for workers should be in the office. The most recent official figures suggest the majority of people – 63.9%…
Labour market information (LMI)
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.
What is a labour market?
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.
What is the meaning of labour market information?
Labour Market Information is all the quantitative data, like numbers and statistics, and qualitative information, or the personal stories to support the data, related to employment and the workforce.
May Labour Market 2023- Sector Response
There were 556,000 working days lost because of labour disputes in March 2023, up from 332,000 in February 2023. May Labour Market Main Points: The…
April Labour Market 2023- Sector Response
Due to a combination of weak growth, more out of work with ill health and fewer older people in work. Economic inactivity due to long-term…
Top Three Articles in March: Who Will Win?
Continuing on from FE News Unwrapped, we decided to find out which three articles were the most popular every month throughout 2023! This month has been…
FE Soundbite Edition 687: Updates on Ofsted, LGBT+ Inclusion, Teacher Labour Market, and EDI
Welcome to Soundbite Edition 687! This is the weekly e-newsletter and e-journal brought to you by FE News: ISSN 2732-4095. We know life is busy, so here…
March 2023 Labour market Statistics- Sector Response
New ONS Labour Market figures show real wages are down by 3.5% and public sector pay has fallen by 5.1%. Main Points: The UK employment…
What is happening with the Labour Market? FE Weekly Soundbite Edition 682
Welcome to FE Soundbite Edition 682! This is the weekly e-newsletter and e-journal brought to you by FE News: ISSN 2732-4095. We know life is…
2022 was the worst year for real wage growth since current records began: Labour Market Sector Response
Today’s (Tuesday) labour market figures, shows that real wage growth fell by 3.4% in 2022 – the worst annual drop since current records began in…
The UK’s Shrinking Workforce
The UK is the only OECD Member country, except for Switzerland, to have seen a sustained rise in economic inactivity since the start of the…
Cooling labour market suggests further job losses on the way, as youth unemployment approaches 10 per cent
A cooling labour market, with vacancies falling and youth unemployment rising to 9.8 per cent, suggest that further job losses could soon be on the…
