Temps Continue To Prop Up The Economy

Today’s ONS labour market data show our increasing reliance on temporary workers, who’s numbers have increased by 7.7% on a seasonally adjusted basis to approximately 1.67 million for the three-month period from December 2021 to February 2022.   The number of temps as a percentage of total employment was 5.97%, up from 5.61% when compared to […]

Why Are People Aged 50+ Leaving Employment?

Clue: it’s not always through choice.  We already know that older workers were more likely to be furloughed than their younger colleagues, and today the Office of National Statistics has published their latest data on why workers aged 50+ are leaving employment. The majority (77%) of adults aged 50 to 59 years said they left […]

Construction Output Through The Roof in 2021

Annual construction output increased by a record 12.7% in 2021 compared with 2020, mainly as a result of the coronavirus pandemic contributing to a very weak 2020.  However, a 12.7% rise after a 14.9% fall (in 2019) is a significant net fall of 4.2% over the two-year period. According to official figures, the 2% monthly rise […]

Temps Are Powering The Economy

Latest official figures show that the number of temporary workers increased by 9.32% for the three months from September to November 2021 compared to the same period one year prior.  This is a significant jump and shows that temps are effectively powering the economy as businesses struggle to recruit permanent staff. The ONS workforce figures […]

Proportion of Low Paid Jobs Decreases

The proportion of low-paid jobs in the UK has fallen to 14.2% in 2021, compared to 15.7% the year prior.  Ten years ago, the proportion of low-paid jobs in the UK’s labour market was 21.4%, so there has been a marked increase in average wages in the last decade, which continued during 2021 despite the […]

Job Vacancies At All-Time High

In today’s Office of National Statistics (ONS) labour market figures, we see that unemployment has plummeted, and job vacancies have soared to an all-time high of 1.2m in September.  In the three months to September, vacancies grew across most sectors driven by a jump in demand for workers by shop owners and wholesalers while motor […]

Latest ONS Labour Market Data

Today (14/09/21) the Office of National Statistics has issued their latest data on the UK’s labour market.  It’s broadly good news as the UK post-pandemic recovery appears to be continuing. The number of job vacancies in June to August 2021 rose by 35% to 1,034,000, which is the first time vacancies have risen over 1 […]

Sickness Absence Rate Lowest Since Records Began

According to latest figures from the Office of National Statistics (ONS), the UK’s sickness absence rate fell to 1.8% in 2020; this is the lowest recorded level since the data time series began in 1995.  This figure is surprising given the impact of the pandemic during 2020, and since April last year coronavirus accounted for […]

Are We on the Road to Recovery?

Yesterday the Prime Minister presented a roadmap out of lockdown and towards post-pandemic recovery, and the prospect of being able to see friends and family is getting closer. Good news for many.  Yesterday Boris also promised to put his arm around business, also good.  In the less good pile is that Boris could not give […]