Jobs
Students Seeking Jobs Drive Record Net Increase in UK Workforce
- Economic inactivity falls as students return to jobs market
- Figures ease concerns about labor shortage pushing up wages
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Students are riding to the rescue of staff-starved British businesses by driving a record net increase in the number of people coming back into the workforce.
The number of adults sitting on the sidelines of the jobs market — classed as economically inactive because they’re out of work and not looking for jobs fell by 113,000 in the three months to December, the Office for National Statistics said Tuesday. That reflects a sharp decline in students and fewer long-term sick people not looking for work.