Zero hours contracts continue to rise
There has been considerable media coverage about zero hours contracts in recent times. Indeed, the Labour Party’s manifesto for this year’s General Election included a pledge to ban zero hours contracts.
A Labour Force survey conducted by the Office for National Statistics (ONS) has revealed that around 697,000 individuals were employed on zero hours contracts, in their main employment, during the quarter October to December 2014. This is a 19 percent rise compared to October to December 2013.
The ONS also conducted a survey of 5,000 businesses which revealed that, in August 2014, around 1.8 million workers were employed on zero hours contracts. This is a significant increase in the space of eight months, as in a previous survey, in January 2014, around 1.4 million individuals held zero hours contracts.