Tuesday 1 February 2011

Only 3% of New Jobs Are Full Time

According to the National Institute of Economic and Social Research think tank, an astonishing 97 per cent of jobs created since the economy came out of recession are of limited hours.

This means only 6,000 of the 200,000 jobs to have come up in a year pay a full-time wage. Only 3% of jobs created last year were full time.

The worrying findings, by a respected think tank, raise the spectre of a sluggish recovery with legions of workers having to accept a so-called ‘McJob’ to make ends meet.