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Jobs market 'is tough and will remain difficult'

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The jobs market is tough and trading will remain difficult even after the recession eases, one expert has said.

According to the Institute for Employment Studies (IES), big firms such as McDonalds are cutting back leaving the general public with fewer opportunities and pennies to spend.

Boyzone, the successful 90s boy band, recently found that trading conditions are not as buoyant as they were in the group's hey day.

Ronan and his bandmates burst onto the scene in the boom era but when they tried to revive their careers with a series of comeback gigs this year they have found the market is no longer there.

The Daily Mail reports that at a recent gig only half the stadium was full, with the five men singing to just 5,000 fans rather than the 10,000 the Liverpool Echo Arena could hold.

One concert-goer told the newspaper: ''Shane looked really p***ed off. Ronan and Stephen still carried on like true professionals, they carry the other three."

Tom Usher, research fellow at the IES, revealed recently that it could be as long as two years before the economy fully recovers and jobs start to become widely available once more.

Figures released earlier this month by the Office for National Statistics found that the number of people in employment has fallen while the rate of employment has also dipped.

The government body found that the number of inactive people of working age has risen.

For the three months leading up to April the employment rate for people of working age was 73.3 per cent, which was a 0.8 per cent decrease compared with the previous quarter.

Mr Usher explained: "With so many applicants going for every job you will find that employers can be choosy about who they take.

"Our experience tells us that this is detrimental to the chances of those applicants with disadvantages in the labour market whether that be because of lower skills, it could be [very young] job applicants or older job applicants or anybody with any kind of disability."

Saturation in the jobs market was illustrated by McDonalds' recent revelation that it has received 2,200 crew applications per day and is hiring just 140 of those.

Bad news for Boyzone fans hoping for a second comeback tour.

 

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