ONS: Long term sickness drives record levels of economic inactivity

UK unemployment fell in the three months to August 2022 (from 3.8% to 3.5%), however official figures point to a sharp rise in the number of people classified as economically inactive – i.e. neither employed nor looking for work. The Office for National Statistics reported a 0.6 per cent increase in the economic inactivity rate … Continue reading ONS: Long term sickness drives record levels of economic inactivity

British Chambers of Commerce: Unfilled vacancies ‘a ticking timebomb’

The British Chambers of Commerce (BCC) has called for Government action to alleviate pressure on the labour market, describing the shortage of available staff "a ticking timebomb for firms up and down the country". BCC Head of People Policy, Jane Gratton, said the UK jobs market "remains incredibly tight", which is adding to the growing … Continue reading British Chambers of Commerce: Unfilled vacancies ‘a ticking timebomb’

Not addressing labour shortages could cost UK economy £30 billion every year, says REC

Press release from the Recruitment & Employment Confederation Inaction could lose the UK almost the equivalent of the entire defence budget – or two Elizabeth Lines – annually Labour and skills shortages risk significant damage to the UK economy, reducing our productivity and ability to invest, grow and raise wages sustainably, according to new research. … Continue reading Not addressing labour shortages could cost UK economy £30 billion every year, says REC

REC Labour Market Tracker: Number of job adverts reaches new high for 2022 as labour shortages continue to bite

Reposted from the Recruitment and Employment Confederation In the week of 6-12 June, there were 1.69 million job adverts in the UK, a record high for 2022This is despite the number of new job postings falling to 160,000 in the week following the Jubilee bank holiday weekendAlmost all occupation areas recorded at least marginal increases … Continue reading REC Labour Market Tracker: Number of job adverts reaches new high for 2022 as labour shortages continue to bite

Labour market LIVE from Learning and Work Institute 17 May 2022

Unemployment is 1,257,000, down by 40,000 from last month’s published figure (quarterly headline down by 118,000). The unemployment rate 3.7%, down by 0.1 percentage points on last month and down by 0.3 percentage points on last quarter. The ONS figure for claimant unemployed is 1,612,500, down by 56,900 on last month, and the claimant rate … Continue reading Labour market LIVE from Learning and Work Institute 17 May 2022

Sheffield apprenticeship vacancy list (w/c 12 Apr)

This week’s apprenticeship vacancy lists from the ESFA are out. Overall there is a small increase at local level (+4) but a small decrease at regional level (-19) with 913 positions available across South Yorkshire this week, including 390 in Sheffield. 58.3% (532/913) of the available positions are at level 3 or above, including 51 … Continue reading Sheffield apprenticeship vacancy list (w/c 12 Apr)

Labour market LIVE from Learning and Work Institute (12 Oct)

Unemployment is 1,510,000, down by 40,000 from last month’s published figure (the quarterly headline fell by 126,000). The unemployment rate is 4.5%, down by 0.1 percentage points on last month and down by 0.4 percentage points on last quarter.The ONS figure for claimant unemployed is 2,112,800, and is down by 51,100 on last month. The … Continue reading Labour market LIVE from Learning and Work Institute (12 Oct)

L&WI Labour Market Statistics: September 2021

Reposted from the Learning & Work Institute The Learning & Work Institute has published its September 2021 Labour Market Statistics analysis. Key findings are as follows: 1. The labour market continues to recover with payroll employment back at pre pandemic levels Employment rose by 183,000 in May to July 2021 compared to the previous quarter … Continue reading L&WI Labour Market Statistics: September 2021

The Mayoral Combined Authority Labour Market information survey

South Yorkshire Mayoral Combined Authority is undertaking a small piece of research to understand how individuals and organisations use labour market information (LMI) to make decisions, inform others and raise awareness of jobs. LMI is information, resources or materials which help understand current and future jobs in the local area the skills needed for certain … Continue reading The Mayoral Combined Authority Labour Market information survey

Labour Market Update (Learning & Work Institute) 17 Aug

Reposted from the Learning & Work Institute Unemployment is 1,600,000, down by 36,000 from last month’s published figure (quarterly headline has fallen by 53,000) and the unemployment rate 4.7%, fell by 0.1 percentage points on last month and is down by 0.2 percentage points on last quarter.The ONS figure for claimant unemployed is 2,293,000, and … Continue reading Labour Market Update (Learning & Work Institute) 17 Aug