Tag

Long Term Sickness

All articles tagged with #long term sickness

economy1 year ago•2 min saved

"Record Long-Term Sickness Challenges UK Economic Recovery"

The UK's long-term illness issue is more severe than previously thought, with an estimated 2.8 million people aged 16-64 out of work due to long-term sickness, posing challenges for the labor market, inflation risks, and economic recovery. This trend, exacerbated by the COVID-19 pandemic and long waiting times in the National Health Service, has led to concerns for the Bank of England and added pressure on public finances. The government is expected to borrow about 124 billion pounds in total this financial year, and the situation threatens to widen social and economic inequalities despite rising job vacancies and salaries.

via Reuters|

#bank-of-england #covid-19 #economy

health-and-economy2 years ago•5 min saved

Ill health causing record number of absences from work.

The number of people not working in the UK due to long-term sickness has reached a new record of over 2.5 million, with a rise in mental health issues in younger people and back and neck pain, possibly due to home working. The ONS figures also showed that wage increases are failing to keep up with rising prices, but public sector pay is growing at the fastest pace for about 20 years. The employment rate edged up to 75.9% between January and March, helped by more part-time employees and self-employed workers, but the unemployment rate also rose slightly to 3.9%.

via BBC|

#employment #health-and-economy #long-term-sickness