One of these analysed the potential impact of quality part-time work on poverty, which used the Labour Force Survey (LFS) and Family Resources Survey (FRS). One of, if not the, key labour market challenge the pandemic is the inactivity crisis – economic inactivity is significantly higher than before the pandemic began (particularly due to romania rcs data long-term ill health – 325,000 higher than pre-pandemic). Combined with high levels of vacancies, this labour market tightness has contributed to the cost-of-living crisis through a classic wage-price spiral, low economic growth as production and productivity are being constrained by labour shortages, and a rise in worklessness – a key cause of poverty.
There is thus a need to support those that have remained outside of the labour market since the start of the pandemic that want to return to economic activity do so. Policy changes are one part of the puzzle; but employers must also appreciate that flexible working arrangements, including part-time employment, are a necessary requirement for some individuals to be able to manage their life circumstances alongside re-entering the labour market.
Additionally, the cost-of-living crisis, particularly the rising cost of travel, means that flexibility needs to be accompanied by sufficient pay to cover the additional costs associated with working. ‘Quality’ part-time jobs could offer both the flexibility and incentives necessary to improve labour market participation and combat the crises we are facing.