UK Labour Market

The UK labour market refers to the system where jobs are created, filled, and lost. It includes people seeking work, those employed, and industries that provide jobs. Factors like economic growth, government policies, technological change, and global events influence job availability, wages, and working conditions. A healthy labour market offers sufficient employment opportunities, fair wages, and skills matching, enabling individuals to earn a livelihood and support economic stability. It also adapts to shifts in industries and demand, ensuring workforce needs are met efficiently.