Sasha Singh
All posts from Sasha Singh
Sasha Singh in Sasha Singh,

An Outlook on UK Labor Market

We will try to draw some inference from the labor report released by Office for National Statistics today. Comparing the period of October – December 2013 with the previous three months there was a large rise in the number of employed people and a fall in the number of people who were unemployed. On the above graphic we can see that the male employment was largely affected by the recession (2008-2009) and is still 1.2% points lower than in Q1 2008. However the female employment rate experienced little change in employment and in Q4 2013 the employment rate for women increased to 67.2% highest on record. Broadly the labor market seems to be in good shape and expected to be within the target this year as depicted from the data.