Wage Rate Dynamics, Graduate Salaries and Unemployment

Wages Beat Inflation as Unemployment Falls Below 7 per cent
Pay rose by 1.7%, ahead of the March inflation rate of 1.6%, while there was a quarterly fall of 77,000 in the number of people out of work.

Unemployment Dips Below 7 per cent for First Time in Five Years
The number of people out of work is down 320,000 to 2.24 million compared to a year ago giving a new unemployment rate of 6.9 per cent, according to the latest data from the Office for National Statistics (ONS).

Unemployment Drops Below 7 per cent
Unemployment has dropped below 7% for the first time since the recession and employment has seen the biggest annual jump in a generation.

People Are Not Celebrating an End to Their Cost of Living Squeeze Yet
“With wages increasing by just 1.7 per cent, barely enough to keep up with a prices measure that doesn’t even include housing costs, the cost of living crisis is far from solved. This is not worth even half a cheer.”

Research Reveals Sharp Decline in Graduate Starting Salaries
Degree costs rose while pay fell by £2,500 between 2007 and 2012. The average graduate starting salary has dropped 11 per cent over a five-year period to 2012 despite the huge rise in tuition fees, according to research by The Complete University Guide.

Graduate Starting Salaries ‘Drop 11 per cent Over Five Years’
Starting salaries for graduate jobs have fallen overall over the past five years, according to new analysis.

Research Highlights Youth Unemployment ‘Blackspots’
Work Foundation report shows North East is worst affected. A study of youth unemployment has identified a number of UK “blackspots” where joblessness among 16 to 24 year olds is above 25 per cent.

Research Shows ‘Mismatched Talent’ Costs UK £1.2 Billion
The inability of people to retrain for new skills or switch industries is costing the UK £1.2 billion in lost productivity and wasted recruitment costs, a study by consultancy PwC has found.

44 per cent of New Jobs Created Since Mid-2010 have been Self-Employed
Self-employment accounts for 44 per cent of the net rise in employment since mid- 2010, with pensioners, part-time workers and ‘odd-jobbers’ the fastest growing groups of Britain’s new self-employed workforce.

Research Reveals Funding Cuts are Stripping A-Level and Vocational Courses to the Bare Bones
A-Level students today are missing out on up to 200 hours of time with their teachers over their two-year course, as compared to their older siblings who sat A Levels five years ago, because of cuts to post-16 funding.

Funding, FE Free Meals, Free Schools, Zero Hours

Headteacher Standards Review
Standards for headteachers will be updated for the first time in a decade.

Disabled Researchers Propose Alternatives to Failed Job Tests
A new report entitled Beyond the Barriers, which was entirely researched, written and supported by disabled people, aims to kick-start a significant new debate about the failure of sickness and disability support in the UK.

Government Announces Funding Allocation for Free Meals in Further Education
“It is gratifying to see this come to fruition after the success of AoC’s No Free Lunch? campaign in gaining free meals for disadvantaged 16 to 18-year-old students who study in colleges” – Martin Doel, Association of Colleges

New Support to Give Homeless People ‘Basic Building Blocks’ for Work
Pilot scheme to give the most vulnerable homeless people the right skills and training to get into work.

Parents Flock to Free Schools
A survey of free schools carried out by the Department for Education shows that they have attracted almost 3 applications for every place.

Zero Hours ‘Tip of Iceberg of Flexible Working Abuse’
A study by Cambridge University researchers has revealed that flexible working practices, including controversial zero hours contracts, are damaging employee health.

Careers Guidance, Skills Employers Want, Young Job Seekers, Management Apprenticeships and Traineeships

Careers Guidance
Statement from Minister of State for Skills and Enterprise about the revised statutory guidance which will be effective from September 2014.

Employers ‘Best Placed’ to offer Career Knowledge to School Pupils
The Department for Education has published new careers guidance for schools as skills and enterprise minister Matthew Hancock urged employers to play a larger role in providing information about jobs for pupils.

Interview Preparation Coaching Vital for Young Job Seekers
Traineeships can provide young people with the skills employers want. Almost half of employers would create new jobs for those that shine on work experience.

Traineeships can Provide Young People with the Skills Employers Want
A new poll out today indicates that traineeships can give young people the skills and work experience to help them get a job.

Apply for a Place on the Treasury’s Vacation Placement Scheme
A vacation placement with TSol is a great way for students with a particular interest in law to gain some practical experience of our work.

New Film Shines Spotlight on Project Management Apprenticeships
The recently introduced Higher Apprenticeship in Project Management provides the focus for a new Sector in the Spotlight film launched today by the National Apprenticeship Service.

Ask Employers and Apprentices How they Work Together to Succeed
Two apprentices and their employers will answer your questions on everything to do with apprenticeships live on Facebook on 23 April.

Digital Inclusion Strategy

NIACE Applauds Steps to Support Millions of Adults Get Online
NIACE applauds the Government for the steps it is taking in supporting millions of adults to be able to confidently and safely use the Internet, but would like to see an increase in funding for specific projects to make progress more quickly.

Digital Inclusion Strategy – Helping Everyone to Get Online
The Cabinet Office have launched a strategy and a Digital Inclusion Charter to help more people get online.