Inclusion comment on the recent labour market figures published on the 18th February

February 20, 2015 7:29 pm Published by

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 reason for this reflects the rise in the pension age for women from 60 to 65. The fall in unemployment, 97,000, seen in the latest figures is also an... View Article