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Stuart Gentle Publisher at Onrec

Rise in female unemployment overshadows improving pay picture - CIPD

Commenting on the latest labour market figures from the ONS, Ian Brinkley, Acting Chief Economist at the CIPD, the professional body for HR and people development, said:

“These figures show that the labour market seems to have plenty of life left in it, with unemployment remaining at a historically low rate and a substantial rise in employment driven by more people in full time and permanent work. However, it is concerning that the unemployment rate for women has increased significantly and now has overtaken unemployment rate for men. The Government must ensure they’re doing all they can to help more women get into the labour market, including promoting more flexible working styles.

“The pay picture is looking brighter, as pay continues to climb steadily. Against a backdrop of falling inflation, it is likely that real wage growth will turn positive next month, providing a long-awaited boost to workers across the country after a seemingly endless period of wage stagnation.”