October’s monthly labour market statistics, analysed by L&WI

1. Real earnings continue to fall due to high inflation The latest data show average regular earnings grew by 5.6% in the year to August 2022, though bonuses for some pushed headline earnings growth up by 5.8%. However, inflation is higher, at 9.9% in the year to August 2022. This means real earnings fell by … Continue reading October’s monthly labour market statistics, analysed by L&WI

L&WI research: Tackle recruitment crunch to unleash £23 billion boost to economy

The UK has suffered the biggest drop in employment of G7 countries through the pandemic, leaving employers short of workers. New research by Learning and Work Institute suggests that a plan to get 1.7 million people back to work could boost the economy by £23 billion per year and increase annual incomes of the poorest … Continue reading L&WI research: Tackle recruitment crunch to unleash £23 billion boost to economy

Labour market LIVE: from Learning and Work Institute (16 Aug)

Unemployment has increased by 8,000 from last month's published figure to 1,294,000 (quarterly headline is up by 35,000). The unemployment rate is 3.8%, which showed no change on the last month and increased 0.1 percentage points on the last quarter. The ONS figure for claimant unemployed is 1,531,800, reduced by 10,500 on the last month, … Continue reading Labour market LIVE: from Learning and Work Institute (16 Aug)

Labour market analysis from Learning and Work Institute (19 July)

Written by the Learning and Work Institute 1. The cost of living is still outpacing wages, with rising inflation meaning we saw the biggest quarterly drop in real regular earnings this century The latest data show average regular earnings grew by 4.3% in the year to May 2022, though bonuses for some pushed headline earnings growth … Continue reading Labour market analysis from Learning and Work Institute (19 July)

LWI’s Employment and Skills Convention 2022 to take place on Tues 13 Sept

Written by the Learning and Work Institute Seismic shifts have been altering the way we work. Recently, Brexit, Covid and the war in Ukraine have accelerated gaps, inequalities and wage crunches. People have been leaving the labour market altogether, creating an additional shortage of one million workers compared to pre-pandemic trends. How can we better … Continue reading LWI’s Employment and Skills Convention 2022 to take place on Tues 13 Sept

L&W event: Social Prescribing, Employment, Adult Education, Mental Health & Loneliness on Weds 11 May

Wednesday 11 May | Online | 12.30 - 2.00pm Healthy London Partnership (HLP) and Learning and Work Institute's (L&W) event as part of the Mental Health Awareness week. About this event As part of Mental Health Awareness week, Healthy London Partnership (HLP) and Learning and Work Institute are holding an event to discuss social prescribing … Continue reading L&W event: Social Prescribing, Employment, Adult Education, Mental Health & Loneliness on Weds 11 May

Learning & Work Institute’s labour market analysis April 2022

Written by Learning & Work Institute 1. The cost of living is outpacing wages, and benefits have risen far less than inflation The latest data show average regular earnings grew by 4.1 % in the year to February 2022, though end of year bonuses for some pushed headline earnings growth up by 5.4 %. With the … Continue reading Learning & Work Institute’s labour market analysis April 2022

Learning & Work Institute’s labour market analysis March 2022

Written by Learning & Work Institute Labour market LIVE from Learning and Work Institute 15 March 2022 Unemployment is 1,336,000, down by 39,000 from last month’s published figure (quarterly headline down by 88,000). The unemployment rate is 3.9%, fell by 0.1 percentage points on last month and is down by 0.2 percentage points on last … Continue reading Learning & Work Institute’s labour market analysis March 2022

Leaning & Work Institute’s labour market analysis Feb 2022

Written by Learning & Work Institute  1. The labour market continues to recover, though employment remains below pre-pandemic levels Employment fell by 38,000 in October to December 2021 compared to the previous quarter and remains 588,000 lower than before the pandemic. The timelier but less comprehensive measure of PAYE employees increased by 108,000 in January … Continue reading Leaning & Work Institute’s labour market analysis Feb 2022

L&WI article on the desire to change jobs with a lack of skills

Written by Learning & Work Institute One in three adults say they want to change job, but most think they lack the skills to switch Over a third of adults (34%) are looking to change job or career in the next two years, according to the latest results of the largest survey of adult participation … Continue reading L&WI article on the desire to change jobs with a lack of skills

Leaning & Work Institute’s labour market analysis Dec 2021

Written by Learning & Work Institute Stephen Evans, Chief Executive at Learning and Work Institute, said: The labour market continues to recover with significant increases in employment and record vacancies, and no signs yet of the end of furlough leading to a sustained increase in unemployment. However, employment is still 567,000 below pre-pandemic levels and … Continue reading Leaning & Work Institute’s labour market analysis Dec 2021

Leaning & Work Institute’s labour market analysis Nov 2021

Written by Learning & Work Institute Naomi Clayton, Acting Director for Policy and Research at Learning and Work Institute, said: The labour market continues to recover strongly, with record moves into employment in summer. Early signs also suggest that the furlough scheme worked to protect millions of jobs with a relatively small share of redundancies. … Continue reading Leaning & Work Institute’s labour market analysis Nov 2021