CBI responds to the latest labour market statistics

Wednesday 17 Jun 2020 @ 10:15
WiredGov Newswire (news from other organisations)

CBI yesterday responded to the latest labour market statistics.

Matthew Percival, CBI Director of People and Skills, yesterday said:

“We can now clearly see the significant impact the virus is having on the labour market already. Over 600,000 people were taken off payroll between March and May, vacancies fell by the largest amount on record on the quarter, and hours worked fell at the fastest pace on record over the year.

“Unemployment falls unevenly across society and leaves scars that last generations. The urgent priority must be creating inclusive jobs today, by turbo charging the sustainable industries of tomorrow. This should be backed by a revolution in retraining, with business, government and education providers stepping up to reskill communities for the future.”

Original article link: https://www.cbi.org.uk/media-centre/articles/cbi-responds-to-the-latest-labour-market-statistics-1/

Share this article

Latest News from
WiredGov Newswire (news from other organisations)

Two million children at risk as worst floods in three decades lash through eastern Bangladesh – UNICEF

30/08/2024 16:05:00

UNICEF calls for US$35 million for life-saving supplies as thousands of people and children remain stranded without food or emergency relief supplies

Competitiveness and cross-UK collaboration key to getting Scottish economy growing - CBI Scotland

30/08/2024 14:05:00

With the economy now showing green shoots of recovery following a prolonged period of stagnating growth and high costs, CBI Scotland is calling on the Scottish Government to use the forthcoming Programme for Government to support enterprise and go full throttle in the quest for long-term sustainable growth.

Over 8 in 10 zero-hours contract workers want regular hours – TUC poll reveals

30/08/2024 12:15:00

Poll reveals that three-quarters of people on zero-hours contracts have experienced financial difficulty due to lack of work.

Plan for growth by turning unfit planning system into a magnet for investment

30/08/2024 11:05:00

The CBI is calling on the Government to mark the consultation to the National Planning Policy Framework as the ‘start of their ambition’ to reform the planning system.

NHS Confederation - Report lays bare significant financial challenges in the NHS

30/08/2024 09:05:00

The Welsh NHS Confederation responds to the news that all health boards in Wales breached their break even duty amid deepening financial pressures.

UK Space Agency: John McFall flies the flag for space and sport at Paralympics

29/08/2024 12:15:00

John McFall, a member of the ESA astronaut reserve, took part in the Paralympics opening ceremony in Paris yesterday evening.

CBI - Costs rise across the services sector, as investment plans are cut

29/08/2024 10:25:00

Costs per person employed in the services sector grew at an accelerated pace over the last quarter, far above the long-run average, according to the CBI’s latest quarterly Service Sector Survey.

NHS Confederation - More staffing and patient care cuts likely unless government addresses growing NHS deficit

28/08/2024 16:20:00

NHS leaders need to see some new funding immediately so health systems can prepare for what will be another very difficult winter.

TUC - Half of LGBT+ workers have been bullied or harassed at work – new TUC poll

28/08/2024 11:25:00

New TUC poll finds more than 1 in 2 LGBT+ people have experienced bullying or harassment at work in the last 5 years

CBI Distributive Trades Survey August 2024

27/08/2024 12:15:00

Retail sales volumes fell for the third consecutive month in the year to August, albeit at a slower pace than in July, according to the CBI’s latest quarterly Distributive Trades Survey.

WIREDGOV