Search Results for: population

Ageing population and low fertility rate is leading to European labour force shortage

Ageing population and low fertility rate is leading to European labour force shortage

by • News, Workplace

Ageing population and low fertility rate is leading to Europe's growing labour force shortage

Europe faces an increasing labour force shortage, which means that between 2017 and 2025, 184 out of 263 metropolitan areas from the EU-28 will record a negative growth rate in their working age population. According to a recent analysis by GlobalData this is due to a combination of lower fertility rates across most European Union (EU) countries, which is causing a reduction the growth rates of the youth population, while increased life expectancy is leading to a steady rise in the growth of the elderly population. But according to Ramnivas Mundada, Economic Research Analyst at GlobalData, ‘‘Measures such as increasing the levels of post-retirement employment opportunities, offering more support for women returning to the workplace and investing in youth employment, education and training could help to mitigate the impact of these demographic changes over the long term.’’

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Ageing population is the greatest demographic challenge

by • Facilities management, Knowledge, Legal news, News, Workplace, Workplace design

Image credit: <a href='https://www.123rf.com/photo_2475828_old-hands-on-clean-table.html'>logoboom / 123RF Stock Photo</a>

Forget Gen Y, a new report published today by the House of Lords Committee on Public Service and Demographic Change warns that it’s our rapidly ageing population that will have a huge impact on society, work and public services. Predicting a 50 per cent rise in the number of those aged 65+ and a 100 per cent increase in those aged 85+ between 2010 and 2030, the report advocates enabling people to work for longer, many of whom are legally entitled to do, since the removal of a statutory retirement age in 2011. According to the report, “Ready for Aging?” working for longer would increase income from work, potentially increase savings, and reduce the time of dependence on those savings.

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Milan proves to be the perfect setting for an optimistic BCO conference

Milan proves to be the perfect setting for an optimistic BCO conference

by • Comment, Property

Milan may not seem an obvious choice for the BCO conference. Turns out it was perfect for an increasingly optimistic sector, writes Anna KingIf anyone was asked to think of where to find the best examples of an office, I doubt very many people would reply ‘Milan’ but that may just be the reason that this year’s BCO conference was a resounding success. With Milan and its layers of history, culture, design and the vital ‘caffè’, we are reminded that workspaces are about so much more than function. A view certainly held by Amber Luscombe, Head of ESG at Oxygen, “This is my third BCO conference I was expecting more of the same, but the discussions have moved on with engaging speakers, stimulating conversations and a more positive – yet realistic –  outlook from the attendees. So many factors influence, surrounds and support good office design, from fostering a sense of belonging and community to wellbeing and nature and they were all on the table at Milan.” (more…)

Moments of wonder can help to fend off depression and stress, research finds

Moments of wonder can help to fend off depression and stress, research finds

by • News, Wellbeing

A new peer-reviewed study published in the Journal Nature suggests that brief moments of wonder and amazement can significantly reduce symptoms of depression and stressThere’s a famously apocryphal story about the making of the 1965 biblical epic The Greatest Story Ever Told. During a rehearsal, John Wayne, playing the Centurion at the Crucifixion, was asked by director George Stevens to deliver his line about Jesus Christ being the Son of God “with awe.” So, in the next take, the actor changed the line from the Bible to: “Awe, truly this man was the son of God.” Turns out that a daily dose of awe may be just what we all need. A new peer-reviewed study published in the Journal Nature suggests that brief moments of wonder and amazement can significantly reduce symptoms of depression and stress, even in individuals coping with persistent physical and mental health challenges. (more…)

Little evidence that hybrid working has encouraged high skilled people to relocate to cheaper regions

Little evidence that hybrid working has encouraged high skilled people to relocate to cheaper regions

by • Flexible working, News

the shift towards remote and hybrid working has not significantly changed where people live, nor has it helped to distribute talent more evenly across the countryA new report and series of policy briefings by a team of UK researchers suggest that the shift towards remote and hybrid working has not significantly changed where people live, nor has it helped to distribute talent more evenly across the country. Led by Professor Jackie Wahba OBE from the University of Southampton and Dr David McCollum from the University of St Andrews, the research was conducted by the ESRC Centre for Population Change and Connecting Generations, in collaboration with academics from the University of Birmingham, De Montfort University, and the University of the Arts London. The findings show that most remote workers continue to follow hybrid working patterns, splitting their time between home and the office while staying within commuting distance of major employment centres. This trend limits the potential to reduce regional inequalities or drive economic growth outside of London and the South East.

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Co-working spaces bring a whole range of benefits for employees and communities

Co-working spaces bring a whole range of benefits for employees and communities

by • Comment, Flexible working, Property, Workplace design

Today’s co-working spaces have evolved into something more powerful – particularly in a world still reshuffling office work practices in the wake of the COVID pandemic.When you think of co-working spaces – where workers from different industries come together to share a convenient workplace – you might picture a group of young freelancers hunched over laptops. But today’s co-working spaces have evolved into something more powerful – particularly in a world still reshuffling office work practices in the wake of the COVID pandemic. As workplaces adapt to new ways of operating, from hybrid to “digital nomadism”, co-working spaces can do more than simply offer flexibility. They can support workers’ wellbeing and work–life balance by enhancing a sense of community, building trust and new friendships, and encouraging continuous learning. (more…)

Future of Work 2025: WEF report sets out the unsurprising but profound changes ahead

Future of Work 2025: WEF report sets out the unsurprising but profound changes ahead

by • Flexible working, News, Workplace

The latest report on the future of work forecasts profound but entirely unsurprising changes for the workplace over the next five yearsThe latest Future of Jobs Report from the World Economic Forum forecasts profound but entirely unsurprising changes across global labour markets over the next five years, as technological breakthroughs, demographic shifts, and the green transition redefine the physical and digital workplace. Drawing on insights from over 1,000 employers, representing more than 14 million workers across 55 economies, the report on the future of work claims that technological change—particularly the rise of generative AI (GenAI)—will be the most powerful driver of workplace transformation by 2030. Broadening digital access is expected to reshape six in ten businesses, followed closely by AI and robotics, which are both forecast to simultaneously create and displace jobs on a massive scale. (more…)

Global real estate markets grow (very cautiously) optimistic

Global real estate markets grow (very cautiously) optimistic

by • News, Property

The global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertaintyThe global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertainty, with lingering inflation, largely driven by factors including geopolitical instability, and persistently higher interest rates in some regions, potentially delaying a hoped-for recovery in capital markets and occupancy metrics. This is according to the Emerging Trends in Real Estate Global Outlook 2025 from PwC and the Urban Land Institute (ULI), which provides an important gauge of global sentiment for investment and development prospects, amalgamating and updating three regional reports which canvassed thousands of real estate leaders across Europe, the United States and Asia Pacific. (more…)

Around 74,000 women a year are pushed out of their jobs when they become pregnant

Around 74,000 women a year are pushed out of their jobs when they become pregnant

by • Flexible working, News, Workplace

New research from Pregnant Then Screwed, in partnership with Women In Data, claims there has been a sharp increase in the number of women who are pushed out of their job when pregnant, during or when returning from maternity leave.New research from Pregnant Then Screwed, in partnership with Women In Data, claims there has been a sharp increase in the number of women who are pushed out of their job when pregnant, during or when returning from maternity leave. Up to 74,000 women every year now lose their job for getting pregnant or taking maternity leave – an increase of 37 percent  from 54,000 in 2016. Pregnant Then Screwed surveyed 35,800 parents, then Women In Data extracted a nationally representative sample of 5,870 parents to create its State of the Nation report. The report found that 12.3 percent of women are sacked, constructively dismissed or made redundant whilst pregnant, on maternity leave or within a year of returning from maternity leave. If scaled up to the general population, this could mean as many as 74,000 women a year are forced to leave their job. (more…)

Measuring and rewarding what people do at work? It’s a rat trap, baby, and you’ve been caught

Measuring and rewarding what people do at work? It’s a rat trap, baby, and you’ve been caught

by • Features, Wellbeing

 

Life imitates art. Scientists have discovered that lab mice may be conducting their own experiments on us. A paper published in the journal Current Biology speculates that mice seem to be testing their testers. They do this by deviating from simple behaviours such as responding to rewards to work out what might happen. “These mice have a richer internal life than we probably give them credit for,” explained Kishore Kuchibhotla, senior study author and an assistant professor of neuroscience at Johns Hopkins University. “They are not just stimulus response machines. They may have things like strategies.” (more…)

Older workers will be essential in a changing global economy

Older workers will be essential in a changing global economy

by • News, Wellbeing, Workplace

A new report from consulting firm Bain & Company underscores the rising importance of older workers as global populations age and labour markets face growing talent shortagesA new report from consulting firm Bain & Company underscores the rising importance of older workers as global populations age and labour markets face growing talent shortages. The study focuses on the demographic of employees aged 50 and above, whose experience, stability, and institutional knowledge make them invaluable assets to businesses. It reveals that while older workers often demonstrate adaptability, problem-solving abilities, and a strong work ethic, organisations frequently overlook their contributions due to outdated stereotypes and rigid employment practices. (more…)

Office attendance and desk use are on the rise as firms make most of real estate

Office attendance and desk use are on the rise as firms make most of real estate

by • News

office attendance and desk use continue to go up, although the provision of workstations has been reduced as part of an overall rationalisation of corporate real estateA new report from AWA claims that office attendance and desk use continue to go up, although the provision of workstations has been reduced as part of an overall rationalisation of corporate real estate. The report also suggests that this may have reached its optimal point right now as just 13 percent of UK organisations are considering further downsizing, suggesting that most firms think they may have reduced their real estate as far as they can. (more…)

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