Job Creation 20% Below Pre-Recession Levels, New Report Shows

Just how well is the UK outside of London doing on the job creation markets, well here is the answer

UNEMPLOYED IN TYNE & WEAR

Trade Union Congress (TUC) Press Release:

Inner London is the only area of the country to have a higher rate of job starts than before the recession, while job creation in some parts of the country is down 31 per cent on pre-recession levels, according to a new TUC report published today (Monday).

The TUC Touchstone pamphlet Equitable Full Employment: A Jobs Recovery For All (pdf) shows that the recent rise in employment is being driven by fewer people leaving their jobs, rather than more people finding new work.

Job starts – the number of people starting a new job within a three month period – are currently around 20 per cent below pre-recession levels across the UK, and are still falling in parts of the country. The fact that fewer people are leaving their jobs helps to explain why the employment rate for older workers is increasing so much…

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