The Current Labour Market On The Uk Video
State of the Nation: An analysis of the UK Labour Market 6 months post lockdown The Current Labour Market On The Uk.
GMCA has compiled the latest employment figures for the city-region in its labour market update, revealing the ongoing impact of Covid on the local economy. Unemployment in the North-west rose to 4.
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Government support has also been attributed to the relatively low levels of redundancies made in Greater Manchester so far in The Tye authority expressed concerns of the risk of a sharp rise in joblessness should the scheme not be extended in the coming Budget. While the region has outperformed the national average, GMCA raised concerns of a disproportionate number of people becoming economically inactive, defined as those out of work and not seeking employment.
More than three times Cjrrent many people in the region as a whole 68, have become economically inactive during as compared to those unemployed and seeking work. ONS figures indicate that City-region unemployment statistics are less regularly published compared to regional data, however unemployment benefits and Universal Credit claimant data can provide a picture of the impact of the pandemic more locally.
While the number claiming JSA across Greater Manchester is slowly falling after a sharp rise in line with the first lockdown in MarchUniversal Credit claimants are continuing to rise in line with rising joblessness. In Stockport, claimant numbers have more than doubled since January ONS data on recruitment activity however has found job vacancies have increased during the first two Ul ofwith more live vacancies now than during the same period in Recruitment has risen steadily since a sharp drop in activity in Spring with the first lockdown, sugges.
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