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Labour market

  • Skills gap remains ‘stubbornly high’ with over half of London firms suffering from shortages

    June 19, 2024

    Engineering was the most commonly cited occupation where firms are struggling to find the right workers followed by sales and marketing.

  • Why Labour will need to fix the UK’s labour market to unlock economic growth

    June 10, 2024

    Its easy to see why an economy's labour market is important for boosting economic growth, and indeed a growing labour market has been one of the major drivers of growth over the past few decades.

  • Can Mel Stride’s bootcamps address ‘urgent need’ to boost workforce?

    May 21, 2024

    Stride admitted that moving away from migration might provide a "recruitment challenge," but argued the policy formed part of a shift towards an "economic model based on British talent".

  • Labour hoarding makes life difficult for Bank of England, rate-setter says

    May 16, 2024

    Labour hoarding since the pandemic has helped fuel inflation and could mean rates have to remain high, a Bank of England policymaker said.

  • Labour market slowdown might be coming to an end raising questions for Bank of England

    May 9, 2024

    The survey will give conflicting signals to the Bank of England, as policymakers mull their latest interest rate decision, due later today.

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