Zero-hours contracts grow as wages slow
ZERO-HOURS contracts are growing, wages are slowing and youth unemployment has hit a four-year high, according to latest labour market data today.
The Office of National Statistics’ (ONS) offical measures of unemployment have shown a jump from from 4 per cent to 4.3 per cent between June and September while payrolled employees have fallen by 43,000 over the same period.
Figures also show growing and persistent youth unemployment, with numbers rising to 13.7 per cent and long-term unemployment among young people growing by a staggering 83 per cent over the last year.
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