salary

Employment market tails off and salaries go south again

Wed, 08/10/2014 - 12:42 -- nick

The number of permanent jobs is on the wain again, according to a new report.

The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs found that the number of long-term placements rose at its slowest rate for ten months, suggesting that the economic 'recovery' may be losing steam.

Salaries too tailed off, growing at their slowest rate for four months as the squeeze on living standards continued. Read more about Employment market tails off and salaries go south again

Real pay down 8% since 2008 - why workless can't afford jobs

Thu, 27/02/2014 - 14:25 -- nick

Real earnings have fallen by 8% since the start of the recession in 2008 according to an influential survey of pay and work.

This shock finding was revealed by the Office for National Statistics (ONS) today, helping to show why unemployed people often cannot afford to take the jobs they are offered.

It also shows why those in work can resent unemployed people - they have been getting poorer for so long that the idea of a benefit cap set at the level of average earnings appears to be fair. Read more about Real pay down 8% since 2008 - why workless can't afford jobs

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