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The economy is slowly rising from the hole of recession. It isn’t yet over, but one good sign that would end soon (hopefully) is the slight change in unemployment rate. The unemployment rate is at a record high point, but what's even higher is the rate of underemployment. More people are working in jobs that are below their previous salary level or qualification, and willing to accept lower salaries just to keep money coming in and not running for payday loans. The lower salaries have a lot to do with why people aren't spending as freely as they had previously. Report this post
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Managing director of the Mackinnon Partnership and a public policy consultant specialising in the people side of economic development,...
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Chief economic adviser at the CIPD and visiting professor of economics at the University of Hertfordshire. He has been an adviser to...
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European Employee Relations Consultant who has monitored employment developments in Brussels for almost 20 years. Peter also advises...
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The UK may draw comfort from having lower measured unemployment than the EU average but in truth we are no better than a mid-table performer John Philpott, CIPD’s chief economic adviser
The UK may draw comfort from having lower measured unemployment than the EU average but in truth we are no better than a mid-table performer
John Philpott, CIPD’s chief economic adviser