Time for Amazon to get around the table and start talking to their workforce.
Time for Amazon to get around the table and start talking to their workforce.
Good to host @bankofengland.bsky.social governor Andrew Bailey at Congress House today.
We shared with him union views on the importance of higher pay and secure work for boosting living standards and growth.
Ahead of the Get Britain Working White Paper, here's 5 things you need to know. 1. 80% employment rate would mean 1.5-2.5m more people in work. Other countries have done it & we can get there by narrowing gaps between groups. 3.5m out of work but want a job. learningandwork.org.uk/resources/re...
We have a neon penguin up in the kitchen and I have realised I am the 11%
This shows why boosting job quality matters so much - for families and life chances and also for our economy
Interesting from OECD on Spanish labour market reform - large falls in use of temporary contracts achieved alongside high employment rates www.oecd.org/en/publicati...
A government trying to level the playing field & repair our public servicesβ¦
Or the defenders of the status quo who have nothing to lose but their tax breaks?
I know whose side Iβm on.
Testament to the incredible work of teaching and teaching support staff across our schools.
With UK GDP only up 0.1 per cent in Q3, this would also suggest that Budget decisions to invest in growth were the right ones
Oh, forgot to include the "policy didn't cause inflation" chart 5/
Some have suggested to us that high inactivity shows we have lots of lost potential and so less scope for strong growth without inflation. I agree labour market has been weakening - think falling vacancies and rising youth unemployment are concerns.
This would be good news for jobs market and our wider economic health (although higher rates of population ill health still v concerning) @nyecominetti.bsky.social @adamcorlett.bsky.social What are your views on what this might mean for inflation debate? Less capacity lost than some have feared?
Pause for thought before using this morning's inflation data as evidence of anything other than changes in energy prices (which are regulated with a price cap). Across wider measures inflation is low, with prices rising at below 2 per cent. Stronger growth must remain the priority.