March 18, 2020

One million young workers set to leave London before turning 33

The number of young workers leaving London is on the rise, with net migration away from the capital growing, claims new research from Totaljobs and Professor of Economics at Lancaster University, Geraint Johnes. The new research, taken from analysis of ONS data as well as the views of 2,000 Londoners, suggests that since 2014, more than one million professionals have left London, with just 900,000 coming in. This is a net loss of 88 workers every day, with the biggest shortfall down to workers aged 25-34, the majority (54 percent) of them having given up hope of ever owning property in the capital. There has been a 49 percent increase in outbound migration of those in their 30s over the last five years. More →

March 3, 2020

What is the evidence for the benefits of basic income?

by Marcia Gibson • Features, Wellbeing, Working culture

The idea of giving everybody something called basic income – an unconditional, regular income – has become increasingly popular in the last few years, partly because employment has become less secure and people fear that increasing automation may cause job losses across many sectors. More →

February 26, 2020

UK squandering workers’ potential through lack of training

by Jackie Le Poidevin • Knowledge, News

The UK is ignoring the value of millions of workers by overlooking workplace training and opportunities to upskill, a new survey has suggested. According to the Missing Millions report from City & Guilds Group, a third of employees have either not received workplace training in the last five years or have never had any such training – equating to 17.8 million people in the UK with outdated skills. The result, the report claims, is declining productivity and problems remaining competitive. More →

February 18, 2020

London office rents to rise due to “Boris bounce”

by Jackie Le Poidevin • News, Property

Rents for new, Grade A office space are likely to rise in many parts of London this year, a property consultancy has predicted. According to Carter Jonas, rents for prime located, new, mid-rise, Grade A space above 5,000 sq ft will typically increase by £1.50 – £2.50 per sq ft per annum by the last quarter of 2020 across most of the London office sub-markets. The forecast increases are being underpinned by continued low vacancy rates and unexpectedly strong demand as business confidence increases following the general election. More →

February 17, 2020

Public sector hiring intentions at 12-year high

by Jackie Le Poidevin • News, Public Sector

An increase in hiring intentions among public sector employers looks set to support further employment growth in the UK, according to a report from the CIPD and the Adecco Group. The latest quarterly Labour Market Outlook survey suggests that public sector employment growth is expected to increase in line with the private sector for the first time since 2008. More →

February 10, 2020

Majority of people living in poverty are in a working family

by Neil Franklin • News

More than half of the people in the UK classified as living in poverty are members of a working family. According to the Joseph Rowntree Foundation’s state of the nation report on poverty in the UK, poverty has risen for children and pensioners over the last five years. Although employment has increased, in-work poverty has also gone up because often people’s pay, hours, or both are not enough. More →

January 30, 2020

Gig economy workers should not all have equal rights

by Jackie Le Poidevin • Flexible working, News

Policy makers should beware of classifying all gig economy workers as “employees”, a new research report has claimed. Such workers vary in age, income and education in a similar way to the traditional workforce and crafting regulations that treat both fully committed and occasional gig workers as one group is unlikely to be an efficient solution, the report from IZA World of Labor contends. More →

January 24, 2020

Changing world of work yet to reshape expectations of young people

by Neil Franklin • News

Huge changes to the world of work over the past two decades have made little impact on teenagers’ career expectations, which have become more concentrated in fewer occupations, according to a new OECD report. Dream jobs: Teenagers’ career aspirations and the future of wor k says 47 percent of boys and 53 percent of girls surveyed in 41 countries expect to work in one of just 10 popular jobs by age of 30. The figures, based on the latest PISA survey of 15-year-olds released last month, reveal a narrowing of expectations as these shares increased by eight percentage points for boys and four percentage points for girls since the 2000 PISA survey. More →

December 30, 2019

Over 65s will drive half of all jobs growth in coming decade

by Neil Franklin • News

New projections from Rest Less, a jobs, volunteering and advice site for the over 50s, claims that workers aged 65 and over are likely to be responsible for at least 50 per cent of all UK employment growth in the next 10 years. The analysis, based on population projections from the Office of National Statistics, makes an assumption that the current employment rate of each age group will remain static, and suggests that with population changes alone, the over 65s are likely to be responsible for 52 per cent of all the UK’s employment growth in the next 10 years, 57 per cent in the next 20 years and as much as 62 per cent by 2060. More →

December 11, 2019

Tech trends to watch that will disrupt 2020 and beyond

by Dave Coplin • AI, Comment, Public Sector

The next decade promises to offer both incredible opportunity and challenge for all of us. Technologies like artificial intelligence will no longer be considered new but will instead be at the heart of some huge disruptive changes that will run right through our society. In particular, AI will start to enable the automation of many things that were previously deemed too complex or even too “human”. We’ll see these changes and tech trends at work – traditional professions like accountancy, lawyers and others will over time, see significant portions of what they do be taken over by virtual robots. Vocations such as lorry drivers, taxi drivers and even chefs may disappear as machines are introduced to perform the same function but with more consistent results and less risk. More →

November 19, 2019

Young people mistakenly associate self-employment with more pay and leisure time

by Neil Franklin • Flexible working, News, Wellbeing

Students and school-leavers see self-employment as a route to a higher income, better work-life balance and more family time and so one in five 16 to 21 year olds think they will self-employed at some point, a new analysis from the Office for National Statistics shows. However, other studies from the UK government paint a different picture with people in self-employment generally earning less and working longer hours than their employed contemporaries, but often happy to forgo the certainties of paid work for greater flexibility and control. More →

November 15, 2019

Migration of flexible offices to contribute £12 billion to local economies

by Neil Franklin • News, Property

The increasing migration of flexible offices to the outskirts of major UK cities is creating a ‘flex economy’ that could contribute more than £12 billion to local economies in the next decade. That’s according to the first comprehensive socio-economic study of second-city and suburban workspaces. The analysis, conducted by economists on behalf of Regus, claims that as Brexit uncertainty continues to impact the economic landscape, individual flexible workspaces in suburban areas could be a welcome lifeline for local economies.