Economic Analysis

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The increased use of zero-hours contracts and agency workers by employers is preventing young people from obtaining permanent jobs, according to new analysis published today (Tuesday) by the TUC. The TUC analysis of official figures shows that 81 per cent of temporary agency workers aged 20–24, and 64 per cent...
09 December 2014
Commenting on today’s (Thursday) analysis by the Institute for Fiscal Studies (IFS) of the Autumn Statement and the forecasts by the Office for Budgetary Responsibility, TUC General Secretary Frances O’Grady said: “Buried beneath the Chancellor’s headline giveaways was a dire report on the state of the economy and the public...
04 December 2014
Commenting on the Office for Budget Responsibility (OBR) forecasts published today (Wednesday), TUC General Secretary Frances O’Grady said: “The Office for Budget Responsibility has slashed its forecast for next year’s wages growth from 3.2 to 2 per cent with reductions in years to come. Real wages are set to stay...
03 December 2014
Responding to the Autumn Statement today (Wednesday), TUC General Secretary Frances O’Grady said: “The living standards crisis has wrecked the Chancellor’s strategy. He has failed his deficit reduction pledge as low-paid Britain is paying much less tax than expected. And businesses won’t find the customers they need if consumers do...
03 December 2014
The government is collecting £17bn less than forecast in income tax because of the lack of earnings growth in the UK, according to new analysis published today (Friday) by the TUC. If earnings growth had been in line with the forecast made in June 2010 by the Office for Budgetary...
28 November 2014
New official figures published today (Wednesday) by the Office for National Statistics (ONS) show that the real value of weekly earnings fell by 1.6 per cent over the last year. TUC General Secretary Frances O’Grady said: “Ordinary households are not sharing in the recovery and the recession in their wages...
19 November 2014
Commenting on the latest inflation figures published today (Tuesday) by the Office for National Statistics, TUC General Secretary Frances O’Grady said: “The first signs of progress on real wages have already been stopped in their tracks. Weak demand remains the big problem facing the British economy. “With inflation predicted to...
18 November 2014
A briefing on the Treasury's claims about recent trends in employment and skills
11 November 2014
Unions involved in the TUC-led All Together for the NHS campaign are backing a Bill sponsored by Clive Efford MP that will put patients’ needs before private profits and protect health services from privatisation. The National Health Services (Amended Duties and Powers) Bill, published today (Friday), will have its Second...
07 November 2014
Commenting on the announcement today (Monday) that Sports Direct will make changes for staff on zero hours contracts, following legal action, the TUC General Secretary Frances O’Grady said: “It is good that Sports Direct will now be more open about what a bad deal zero hours contracts can be for...
27 October 2014

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