South Yorkshire and Merseyside recorded the strongest levels of jobs growth in the decade since the financial crisis, according to a report that also finds low-income households have benefited more than richer ones. While it is often assumed that job creation is centred on London, the thinktank’s report found that the biggest regional increase in the employment rate since the 2008 financial crash was in South Yorkshire. However, its employment rate still lags the national average at 69.3%, among the lowest in the country. Yorkshire, excluding its biggest cities, recorded a decline in its employment rate of 0.6 percentage points. Half of all jobs growth since 2008 has come in professional occupations, although the share of 18- to 29-year-olds working in lower-paying roles has expanded over the last decade.
Source: The Guardian January 14, 2019 06:00 UTC