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In its latest JobsOutlook report, the REC (Recruitment and Employment Confederation) blames uncertainty around the terms of the UK’s departure from the EU for employers’ confidence in the prospects for the economy turning negative.
Anyone who has seen Grease will remember the chorus in this headline and it seems to have echoed round the country last week as business organisations looked at the Government’s “no Brexit deal” warnings and decided that they lacked detail.
Secretary of State Dominic Raab seems to have taken the old quote to heart in stating his confidence that a good deal with the EU is “within our sights” as the Government publishes the first 25 in a series of technical notices on “no deal planning”.
An overwhelming majority of UK small businesses are not using zero-hours contracts according to a new survey based on responses from over 550 firms, with the Federation of Small Businesses (FSB) calculating that 84% of small companies do not hire workers on non-guaranteed hours contracts.
Welcoming the continued fall of unemployment shown in the latest labour market figures from the Office for National Statistics (ONS), the Resolution Foundation warned that, despite the unemployment rate hitting its lowest point since the mid-1970s, pay growth appears stubbornly stuck at levels far below those before the financial crisis.