Presentation on UK Labor Market Dynamics (2020-2021) - MOD3327 ARU

This presentation provides an overview of the UK labor market in 2020 and 2021, focusing on the impact of the COVID-19 pandemic. It highlights the decline in the employment rate and the increase in unemployment, referencing statistical data to illustrate these trends. The presentation also touches on the role of government policies in supporting businesses and maintaining employment opportunities during this period. The conclusion emphasizes the challenges posed by the increasing unemployment rate and the importance of addressing these issues for the overall economic stability of the UK. References to academic sources are included to support the analysis.

Labor market in the UK in 2020
2021

 Introduction
 Main Body
 Conclusion
 References
Table of content

The labor market is defined as the place where employees and workers interacts with each other to
work and satisfying their jobs. The people is working collectively by showing their talent and ability
to work. The rate of employment in UK is reducing due to pandemic that affected the economy
negatively.
Introduction

Employment measures the number of people in paid work and who had a job that they were temporarily
away from. This is different from number of jobs as some people are occupied in more than one job. It has
seen that Covid-19 is the serious issue for whole world as it created the issue to run business. This has
created a major issue for people to engage in regular employment as many of the businesses have closed
due to this pandemic. In statistic have shown rate of UK employment declined to 4.3% in last three months
2021 which is the lowest since the three month to July 2020. The number of people who are unemployed in
UK was down by 152000 to 1.45 million.
Employment rate of UK

Continue….

The management of each organization is allowed to operate business and providing job opportunity by
measuring and monitoring monetary policy and reducing fiscal policy that support organizations to continue
their activities. All functions and activities in relation to business should be operate regularly.
Continue.

From the presentation it can be concluded that
increasing unemployment rate in UK is becoming
major issue for economy as well as residing people
within the period of Pandemic. This has created
issues for business concern to generate
employment for others as government announced
lockdown.
CONCLUSION

 Wang, S., Coutts, A., Burchell, B., Kamerāde, D. and Balderson, U., 2021. Can active labour market
programmes emulate the mental health benefits of regular paid employment? Longitudinal evidence
from the United Kingdom. Work, Employment and Society, 35(3), pp.545-565.
 Consearo, L., 2021. Economic Substantiality: Skills in the UK Labour Market. In The Sustainability
Debate. Emerald Publishing Limited.
 Black, J., Spowage, M., Cooper, B., McGeoch, A. and Watts, R., 2021. Estimating the relationship
between exports and the labour market in the UK.
References

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