REC comment on ONS labour market stats

“These figures offer further evidence that the jobs market has weathered the 2021 lockdown better than feared. While the total number of hours worked has dropped, the headline employment and unemployment rates have remained relatively stable, and the number of employees on company payrolls continued to rise into February. The growth in temporary employment shows how important temping is to getting people into work quickly, and helping businesses grow in unpredictable times. The economy is well-placed to bounce back as restrictions are lifted – but many people will need support transitioning into the new roles that emerge. Radical reform of the skills system – including the failed apprenticeship levy – will be vital.”