Starting salaries for graduates are set to rise by 6% to an average of £26,500, while the jobs market is starting to stabilise, according to new research.
An increase in the minimum wage is required to protect low-income workers from a "perfect storm" of benefit cuts, rising living standards and a lack of jobs, Oxfam warns.
The Government was given some welcome good news on the jobs front today when unemployment fell by 45,000 and the number of dole claimants dipped for the second month in a row.
Unemployment is set to continue rising over the next five years in most parts of the UK because of a weaker economic outlook, according to a new report.
The jobs market is facing a "slow, painful contraction", with firms scaling back decisions on whether to recruit more staff against a background of global economic "turmoil", a new report warns today.
14 November 2011
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