representing 15.8% of the youth population. There are 2.6 unemployed people per vacancy & the employment rate is 73.3%.(about 5 days ago)
Work Programme performance figures
Official Work Programme Figures released today show that just over 400,000 people have found lasting work of at least 6 months on the Work Programme and more than 150,000 have stayed in a job for at least 18 months. The DWP press release can be found here, which notes the ERSA Job Start figures. ERSA’s statement can be found here.
Yesterday the Chancellor, George Osborne delivered his final budget of the parliament. He described it as a ‘truly national budget’. He opened by stating that the latest OBR report showed that the UK economy was growing faster than…
The labour market figures published on 18 February suggest that a degree of renewed momentum has returned to the labour market following the slowdown we have noted in previous months.
Duncan Melville, Chief Economist at Inclusion, commented:
“Employment is up by 103,000 in the three months to October to December 2014, higher than the average quarterly increase seen over the previous six months. The employment rate (the proportion of people of working age in employment) has risen to equal the highest figure since records began in 1971, albeit part of the…
Following today’s publication, the UK Government will undertake an engagement programme across Scotland to ensure that people have the opportunity to contribute their views as work continues to prepare the draft legislation for introduction in Parliament. The following points are of particular interest to the sector:
Overview of employment support
- The Scottish Parliament will have all powers over support for unemployed people through the employment programmes currently contracted by DWP (which are presently delivered mainly, but not exclusively, through the Work Programme and Work Choice) on expiry of the current commercial arrangements. The Scottish Parliament will have the power to decide…
One of the employment phenomena of recent times is the explosion in the number of unpaid internships. In the UK and abroad many companies and organisations have organised zero-or-low pay internship programmes, ostensibly as a first step on the career ladder for young people seeking to get started in competitive industries. As the recession bit harder so these internships proliferated, suggesting that there were more factors at play than merely the cultivation of talent and offering of training and opportunities to keen young workers. Have they proven a useful tool for young graduates, or a means by which less…
- Unemployment is 1,959,000, down 12,000 from last month’s published figure (quarterly headline down 115,000) and the unemployment rate is 6%, the same as last month and down 0.3 percentage points on last quarter.
- The number of claimant unemployed is 931,700, down 20,400 on last month, and the claimant rate is 2.8%.
- The number of workless young people (not in employment, full-time education or training) is 1,126,000, down 16,000 on the quarter, representing 15.4% of the youth population (down 0.2 percentage points).
- Youth unemployment (including students) is 737,000, down 39,000 on the quarter.
- There are 2.9 unemployed people per vacancy.
- The employment rate is 73% (the same as last month’s published figure and up 0.2 percentage points in the preferred quarterly measure).
- Unemployment is 1,972,000, down 49,000 from last month’s published figure (quarterly headline down 154,000) and the unemployment rate is 6%, down 0.2 percentage points on last month and down 0.4 percentage points on last quarter.
- The number of claimant unemployed is 951,900, down 18,600 on last month, and the claimant rate is 2.8%.
- The number of workless young people (not in employment, full-time education or training) is 1,092,000, down 74,000 on the quarter, representing 14.9% of the youth population (down 1.0 percentage points).
- Youth unemployment (including students) is 733,000, down 88,000 on the quarter.
- There are 2.9 unemployed people per vacancy.
- The employment rate…
The latest Government Work Programme statistics show that:
- 1.6 million people have joined the Work Programme so far.
- 331,000 people on the programme have been in work for six months (or three months for the hardest to help groups).
- Those who reach a job outcome within the first year of the programme, spend on average 11 months of the next year in work.
- 1 in 5 of the most recent 18 to 24 year old JSA participants to complete a year had at last six months in work, 1 in 6 for those aged 25 and over and other JSA groups.
- Just below 1…
460 new businesses set up every week by out-of-work entrepreneurs: government scheme reaches 50,000 milestone
More than 53,000 new businesses have been set up thanks to a government scheme which helps people on benefits become their own boss.
More than 53,000 new businesses have been set up thanks to a government scheme which helps people on benefits become their own boss – an average of 460 every week over the last year.
As part of the government’s long-term economic plan to create jobs by backing small business and enterprise, the New Enterprise Allowance (NEA) has helped jobseekers of all ages, lone parents and people on sickness benefits to turn their entrepreneurial dreams into a reality.
The labour market is recovering. It has been a long six years since the 2008 crunch heralded the start of ‘The Great Recession’ but, finally, after years of stagnation, recruitment is taking off again. The latest figures, released by the Office for National Statistics on the 11th of June, were hugely positive: unemployment down by 347,000 on the previous year to 6.6% of the economically active population (the biggest annual fall in 16 years), 780,000 more people in work overall than…
- Unemployment is 2,077,000, down 45,000 from last month’s published figure (quarterly headline down 132,000) and the unemployment rate is 6.4%, down 0.1 percentage points on last month and down 0.4 percentage points on last quarter.
- The number of claimant unemployed is 1,007,500, down 33,600 on last month, and the claimant rate is 3.0%.
- The number of workless young people (not in employment, full-time education or training) is 1,184,000, down 54,000 on the quarter, representing 16.5% of the youth population (down 0.7 percentage points).
- Youth unemployment (including students) is 767,000, down 102,000 on the quarter.
- There are 3.2 unemployed people per vacancy.
- The employment rate…
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