New figures reveal restrictions in employment growth

15-03-2007

New figures reveal restrictions in employment growth
Self-employment and temporary jobs are on the increase emphasising how the recent pattern of employment growth looks set to continue, new research shows.

The latest quarterly labour market statistics published today by the Office for National Statistics (ONS) show an influx of Eastern European workers.

According to John Philpott, chief economist at the Chartered Institute of Personnel and Development (CIPD), this addition to the UK workforce could explain the pattern.

Dr Philpott commented: "The latest figures do not suggest that the UK labour market is getting tighter. There are more people in work and unemployment is down.

"But the unemployment rate is unchanged and growth in regular pay has dipped again.

"Growth in regular pay is a better measure of underlying wage pressure than growth in average earnings including bonuses, which has picked up but only in private sector services, fuelled no doubt by large City bonuses."


Related categories: HR / Recruitment.


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