Search Results for: employment levels

Future of work has arrived sooner than expected, WEF report claims

Future of work has arrived sooner than expected, WEF report claims

future of workThe Future of Jobs 2020 report from the World Economic Forum claims that COVID-19 has caused the labour market to change faster than expected. The research suggests that what was recently considered the future of work has now arrived. By 2025, automation and a new division of labour between humans and machines will disrupt 85 million jobs globally in medium and large businesses across 15 industries and 26 economies. More →

Work-life balance suffers for millions, as remote working increases

Work-life balance suffers for millions, as remote working increases

work-life balanceA new report from Dynata, a data and insights company, raises global concerns about the economy, and a “down but not out” resilience across the UK. The report claims that we are now a nation of home workers (as opposed to shopkeepers), juggling a work-life balance as the end of furlough approaches, and many predict a steep rise in redundancies. Dynata’s Global Trends Report: The Economy Edition surveyed over 9000 people across 9 countries globally, including over 1,000 respondents from the UK. More →

Most people with mental health issues would prefer a robot therapist to a human

Most people with mental health issues would prefer a robot therapist to a human

mental health2020 has been the most stressful year in history for the global workforce and people want robots to help, according to a new study by Oracle and Workplace Intelligence, an HR research and advisory firm. The study of more than 12,000 employees, managers, HR leaders, and C-level executives across 11 countries claims that the COVID-19 pandemic has increased workplace stress, anxiety, burnout and other mental health issues for people all around the world, and would prefer a robot instead of other people to help. More →

Coronavirus will lead to a permanent change in the way we work

Coronavirus will lead to a permanent change in the way we work

Coronavirus will have a lasting impact on office use and levels of remote and flexible working, new figures from the Institute of Directors suggest. That is the unsurprising findings of a survey of close to a thousand company directors conducted in September. The poll claims nearly three quarters (74 percent) of respondents said their firms would maintain increased levels of remote and flexible after the pandemic ends. More →

Commercial property market in Oxford-Cambridge Arc proving resilient

Commercial property market in Oxford-Cambridge Arc proving resilient

Take-up of office and laboratory space in the Oxford-Cambridge Arc has remained resilient during the first half of 2020, according to a new report from property consultants Bidwells. The firm claims that 117,600 sq ft was taken in Oxford between January and July, reaching 85 per cent of the city’s ten-year average despite the Covid-19 pandemic. More →

Remote work and the coming race to the bottom

Remote work and the coming race to the bottom

One of the most significant consequences of the 2008 economic crash was a remarkable shift in the nature of employment. The recession led to a surge in the number of people categorised as self-employed. The numbers have been increasing ever since, albeit at a more stable rate. By the end of 2019, the number of self-employed people in the UK exceeded five million people for the first time. That’s fifteen percent of the workforce. More →

Job market in London hit hardest by coronavirus pandemic

Job market in London hit hardest by coronavirus pandemic

London job marketNew analysis of online vacancy data suggests that parts of London are now the most economically at risk from the coronavirus pandemic. The analysis of the UK job market compares the number of people claiming unemployment-related benefits in each local area with the number of vacancies. It claims that the four areas with the highest number of unemployed per vacancy are London Boroughs – Lambeth, Haringey, Brent, and Barking and Dagenham – with more than forty claimants chasing each available job. More than a third of all areas with thirty or more claimants-per-vacancy are London Boroughs. More →

Commercial property market shows signs of life

Commercial property market shows signs of life

UK commercial investment activity rose 42 percent in June compared to May, up from £755m to £1.3bn, taking total volumes for H1 2020 to £15.6bn, according to the latest market update from Savills. With the all-sector prime commercial property yield remaining stable at 5.21 percent in June, Savills says that together this may signal some stability is now returning to the UK investment market. More →

Overcoming the fear of going out

Overcoming the fear of going out

Over the last several months, some workers have exhibited a new ailment that has got nothing to do with the COVID-19 pandemic that sent them scurrying home to set up virtual offices in the first place. It’s called FOGO, as coined by Forbes magazine contributing writer Jodie Cook, and it refers to a new phenomenon known as the “Fear of Going Out”.

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From the archive: the future of work and place in the 21st Century

From the archive: the future of work and place in the 21st Century 0

future of work and placeHowever much we know about the forces we expect to come into play in our time and however much we understand the various social, commercial, legislative, cultural and economic parameters we expect to direct them, most predictions of the future tend to come out as refractions or extrapolations of the present. This is a fact tacitly acknowledged by George Orwell’s title for Nineteen Eighty-Four, written in 1948, and is always the pinch of salt we can apply to science fiction and most of the predictions we come across. More →

Younger workers careers suffer in lockdown, but are hopeful of better future

Younger workers careers suffer in lockdown, but are hopeful of better future

In the face of unprecedented health and economic disruption caused by the COVID-19 pandemic, ‘millennials’ and ‘Gen Zs’ express resolve and a vision to build a better future, a new Deloitte survey claims. The 2020 Deloitte Global Millennial Survey, now in its ninth year, suggests that both generations remain resilient in the face of adversity and are determined to drive positive change in their communities and around the world. More →

Carers consider giving up work due to lack of employer support

Carers consider giving up work due to lack of employer support

carersNew research suggests that almost half (44 percent) of working carers in England and Wales, equivalent to around 1.6 million people, are struggling to cope with the pressures of balancing their work and caring responsibilities – and that a quarter (24 percent) have considered giving up their job entirely. These are the findings in a newly published report, titled “Supporting working carers: How employers and employees can benefit”, from the CIPD and The University of Sheffield. More →