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UK labour market exodus drives jobless rate down to 3.5%

Discussion in 'News from the UK, Europe and the rest of the World' started by aposhark, Oct 11, 2022.

  1. aposhark
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    aposhark Well-Known Member Lifetime Member

    https://www.reuters.com/markets/europe/uk-jobless-rate-falls-slightly-35-2022-10-11/

    From the article:
    The number of job vacancies in the July-to-September period fell to 1.246 million, its lowest since late 2021 but still high by historical standards, underscoring the problems facing many employers struggling to fill their empty roles.

    "The labour market remains extraordinarily tight with, for the first time ever, more vacancies in the economy than the number of people looking for work," Kitty Ussher, chief economist at the Institute of Directors, said.
  2. Mattecube
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    Mattecube face the sunshine so shadows fall behind you Trusted Member

    • Like Like x 1
  3. John Surrey
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    John Surrey Well-Known Member

    Hmmm... employer's unable to fill all those zero hour, zero pension, zero benefit, zero security, zero future... shorter than short term contract minimum wage roles that our old Eastern European club members used to jump at?
    • Winner Winner x 2
  4. Mattecube
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    Mattecube face the sunshine so shadows fall behind you Trusted Member

    or the social is better!
    • Disagree Disagree x 1

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