Interesting tidbit in the latest Labour Market Statistics report from the Office for National Statistics (ONS), published this morning (Wednesday 13 July 2011):
The number of employees and self-employed people working part-time because they could not find a full-time job increased by 80,000 on the quarter to reach 1.25 million, the highest figure since comparable records began in 1992.This would appear to back up the opinion of the Observer's Phillip Inman, who argues that:
[T]he situation is dire for anyone without a job. Employers are biding their time, waiting for signs of an upturn before taking on full-time employees.However, the report also brought some good news on the state of the labour market. For example, the headline unemployment rate (on the ILO definition) fell by 0.1 percentage point, to come in at 7.7% over the three-month period from March to May 2011.
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