Commenting on today's labour market statistics, Ian Brinkley, chief economist at The Work Foundation, said:
“These figures tell us that current forecasts that unemployment will fall towards 6% by the end of 2015 are entirely plausible. It is all the more important that the 2014 Budget sets out effective measures to ensure that disadvantaged groups, such as less qualified young people, can also take advantage of these new opportunities. And the challenge remains to translate growth into improved productivity and higher pay alongside more jobs.”
Notes to editors
1. Ian Brinkley, chief economist, Charles Levy, senior economist and Geraint Johnes, director, are all available for interviews, briefings, analysis, and written comment.
2. The Work Foundation will also release a comment after The Budget.
3. The Work Foundation aims to be the leading independent, international authority on work and its future, influencing policy and practice for the benefit of society. The Work Foundation is part of Lancaster University – an alliance that enables both organisations to further enhance their impact.