1st Executive’s Post

The factors behind economic inactivity revealed that employees had to delay employment due to long-term sickness. Read the full article: Is Rise In UK Unemployment Rate Sign SMEs Struggle? ▸ https://lttr.ai/ARnqW #UKUnemploymentRate #UkBusinesses #SmallBusiness

US unemployment for the month of March wil be published on Friday, and consensus points to 3.9%. This is an important indicator for the economy, for the Fed, in its endeavor to cut rates, and for the presidential Elections in November. A number below 4% is still considered full Employment, but there are details to look for in the report in terms of quality: as you can see in the sheet below, more part time jobs are being created than full time jobs, perhaps as a sign of low commitment from employers to maintain or increase headcount structurally. And perhaps because of that, there is also a growing discrepancy between employment reported by employees (lower) and the data reported by employers (higher). A person with three part time jobs will be reported as 1 worker, from the standpoint of the household survey (employee side) while from the employer side, 3 jobs will be reported (or three workers), and if we add the fact that there’s been a big increase in the number of foreign nationals employed, the overall number could be misleading. Want to know more? join Fund@mental here https://lnkd.in/ewBZ9GK4 #iamfundamental #soyfundamental #wealthmanagement #familyoffice #financialadvisor #financialplanning #policymistake #ratecut #stagflation

Australia’s unemployment rate has decreased dramatically this year. But if you’re wondering what that means and how it affects you, we’ve explained everything in our latest blog 📉 https://bit.ly/3Us5whm #unemploymentrate #explainer #frontlinerecruitment #employmenttrends

📊 ONS Labour Market Stats for October 2024 | Key Takeaways As summarised in this FE News article (https://lnkd.in/ear2YwsC). 🔹 Employment rate: 75% (slight increase) 🔹 Unemployment rate: 4.0% (down from 4.1%) 🔹 Economic inactivity: 21.8% (decreased) 🔹 Annual wage growth: 3.8% 📈 Positive trends: 🔹 Employment and wages up 🔹 Unemployment and economic inactivity down 🚨 Challenges remain: 🔹 2.8 million economically inactive due to long-term sickness (twice the number of unemployed) 🔹 Vacancies decreased for 27th consecutive quarter, but still above pre-pandemic levels 💼 Government focus: 🔹 Tackling economic inactivity 🔹 Implementing Employment Rights Bill 🔹 Upcoming Budget crucial for economic confidence 🗣️ Industry reactions mixed: 🔹 Calls for joined-up work, skills, and health support 🔹 Emphasis on flexible working and job quality 🔹 Concerns about youth unemployment and long-term economic impacts #LabourMarket #UKEconomy #Employment #earnandlearn #ONSStats

From Torsten Slok: the post-Covid normalization in the labor force participation rate has mainly been driven by #immigration. 5 million missing [native born] #workers are the reason why the labor market is tight and why wage #inflation could remain elevated. Foreign-born #employment in the US is back at the pre-pandemic trend, and native-born employment is still 6 million jobs below the pre-pandemic trend. At the same time, the number of retired individuals has remained on trend. ⚡️click the link below to get your “daily spark” https://lnkd.in/g-v8J_yi

Australia’s unemployment rate has decreased dramatically this year. But if you’re wondering what that means and how it affects you, we’ve explained everything in our latest blog 📉 https://bit.ly/3Us5whm #unemploymentrate #explainer #frontlinerecruitment #employmenttrends

Australia’s unemployment rate has decreased dramatically this year. But if you’re wondering what that means and how it affects you, we’ve explained everything in our latest blog 📉 https://bit.ly/3Us5whm #unemploymentrate #explainer #frontlinerecruitment #employmenttrends

Australia’s unemployment rate has decreased dramatically this year. But if you’re wondering what that means and how it affects you, we’ve explained everything in our latest blog 📉 https://bit.ly/3Us5whm #unemploymentrate #explainer #frontlinerecruitment #employmenttrends

Australia’s unemployment rate has decreased dramatically this year. But if you’re wondering what that means and how it affects you, we’ve explained everything in our latest blog 📉 https://bit.ly/3Us5whm #unemploymentrate #explainer #frontlinerecruitment #employmenttrends

Australia’s unemployment rate has decreased dramatically this year. But if you’re wondering what that means and how it affects you, we’ve explained everything in our latest blog 📉 https://bit.ly/3Us5whm #unemploymentrate #explainer #frontlinerecruitment #employmenttrends