Flip Chart Fairy Tales

The job figures have been looking much better recently. The employment rate continues to rise and wages have even started picking up. The number of full-time employee jobs passed its pre-recession level sometime last year, so the recovery no longer looks as dependent on self employment as it did a year or so ago.

If we look a bit deeper, though, it is clear that some things have changed since the recession. The shape of the labour force is different. These charts from the ONS Economic Review in September show how the composition of the workforce has shifted away from full-time employment and towards self-employment over the last decade and a half.

Screen Shot 2015-10-21 at 14.52.14

The proportion of full-time employees in the workforce started falling in the mid-2000s and fell sharply after the recession.

Screen Shot 2015-10-21 at 15.18.48

The gender split is interesting too. It is only in the last few months that the number of male full-time employees passed its previous pre-recession peak and it hasn’t shown…

View original post 664 more words

Advertisements