Work in the UK 2013 Economic Outlook
Work in the UK: 2013 Employment Outlook
Official business statistics show a generally weak economic outlook for the UK in 2013/14, although retail sales and manufacturing output has increased. Within a stagnant economy the labour market has remained relatively resilient, although inflation is up and unemployment in the public sector has slowed significantly.
The overall risk level of the UK labour market is still low at just 1.82 out of a possible 5 points, but businesses are looking for long-awaited good news in 2014 before making significant investment in headcount.