Welcome to the Public Works blog.

Public Works is UNISON Scotland's campaign for jobs, services, fair taxation and the Living Wage. This blog will provide news and analysis on the delivery of public services in Scotland. We welcome comments and if you would like to contribute to this blog, please contact Dave Watson d.watson@unison.co.uk. For other information on what's happening in UNISON Scotland please visit our website.

Wednesday, 2 October 2013

Latest TUC quarterly economic report

The TUC has published its latest quarterly economic report. 

It is a very useful antidote to some of the hype around the claimed economic recovery. The key points are:
  • Despite the recent pick up, growth has been weak and rebalancing is not occurring. There has been very little progress on deficit reduction.
  • The labour market statistics continue the story of recent months: rising employment and stagnating earnings.
  • Employment and unemployment performance between June 2010 – June 2013 has been less impressive than is often presumed.
In addition the budget deficit is still well wide of the OBR forecast. Wages actually fell again in July for the the third successive period. This is an unheard of sequence and emphasises the importantance of polices that focus on a recovery in real wages.

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