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22 days ago by IES

IES LABOUR MARKET STATISTICS

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The Institute for Employment Studies have released their latest Labour Market report today and it makes for interesting reading.

Some of the Highlights are:

  • Redundancies reached a new peak in the three months to September

  • Hiring and vacancies likely being held back by spare capacity in firms as furlough unwound, and by continued economic uncertainty.

  • The significant falls in employment appear to be due to lower self-employment amongst men

  • Conversely there are significant rises in full-time employment for women

  • Signs that young people are bearing the brunt of the crisis – with youth employment down by more than 300 thousand

  • Progress in narrowing the employment gap for disabled people has stalled during the crisis

  • There are signs that vacancies had started to recover more strongly in September and October

Click here to read the full report.