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UK unemployment rate falls in pre-budget boost, but vacancies dry up amid ‘jobs drought’ – business live
Rolling coverage of the latest economic and financial news Here’s Stephen Evans, chief executive at Learning and Work Institute (L&W), on the situation in the UK jobs market: “The labour market remains relatively flat overall. This resilience in the face of headwinds driven by global events is welcome. But underlying problems remain, with around one million young people not in education, employment or training and overall employment more than two million short of the Government’s 80% employment rate target. To fix those challenges we need to change the benefit system so it offers active help t