Tag: employment

Some heretical thoughts on youth unemployment

The latest official data on the UK labour market were mostly reassuring, but younger workers have still borne the brunt of the job losses during the pandemic. How big a concern is this? And what, if anything, should be done about it? Let’s begin with the headline numbers. The latest increase in total unemployment, to … Continue reading Some heretical thoughts on youth unemployment

‘Lockdown 3’ won’t be anywhere near as bad as the original

New year, new lockdown. I’m instinctively sceptical that such severe restrictions on our lives can ever be justified, but two factors have surely tipped the balance in their favour. The first, of course, is the far more rapid transmission of the new Covid variant. This has increased the benefits of locking down, as the risk … Continue reading ‘Lockdown 3’ won’t be anywhere near as bad as the original

A quick dive into the UK labour market data

If you are trying to predict the outlook for unemployment it is, of course, essential to get the starting point right. This blog therefore runs through the latest available official data and employment surveys. A follow-up piece will outline my own forecasts. The pandemic has raised question marks over all the usual measures of unemployment … Continue reading A quick dive into the UK labour market data