New figures from the Office for National Statistics show that youth unemployment has risen again. Rachel…
Labour market statistics this morning show a decline in the unemployment rate to 4.9% in the three months to February. This was offset by a larger increase in the number of economically inactive people – 69,000. IEA fellow Professor Len Shackleton wryly observes: “The economy would in a sense be better off with more unemployed people – defined as those looking for work – and fewer inactive.” Sclerosis…
The unemployment rate for 18-24-year-olds has risen from 13.7% to 14.3%. 63,000 more people began taking Universal Credit in a single month…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”