June 19, 2024
A new report from Indeed, released two weeks ahead of the UK General Election, suggests that more than 2 in 5 (42 percent) Brits are struggling to make ends meet. According to the survey of over 2,000 British people, those in the North East of England feel most comfortable, with less than a third (32 percent) struggling, while almost half (48 percent) of those in Scotland say their pay isn’t keeping pace. (more…)
June 7, 2024
The rise of artificial intelligence and its impact on the job market has raised concerns around the world, with some predicting that up to 85 million jobs would be replaced with automation and AI. However, a new report argues that AI cannot replace every job occupation, and the latest data from the US labour market proves it. According to data presented by Stocklytics.com, home health and personal care aides are expected to be the fastest-growing occupation in the United States in the near future, with more than 800,00 new jobs by 2032. (more…)
June 5, 2024
The demand for freelancers working in writing, and coding related jobs has dropped by 21 percent since the launch of ChatGPT in November 2022, according to new research by Imperial College Business School, Harvard Business School and the German Institute for Economic Research. This research paper, Who is AI Replacing? The Impact of Generative AI on Online Freelancing Platforms, looks at the impact of GenAI technologies on the demand for creative professionals who work on an hourly basis for different clients. (more…)
May 28, 2024
As the UK government warns that the state pension age might need to rise, a new report from the the International Longevity Centre UK (ILC) claims that, between 2019 and 2022, people’s work span in the UK fell by 6 months. The report argues that, to enable more people to stay healthy and be in work for longer, the next government should invest more in preventing ill health, supporting people to stay in work and building healthier behaviours. (more…)
May 13, 2024
The luxury belief that was the so-called Great Resignation, appears to be over, even if you assume it ever existed. Workers are increasingly staying put in their current jobs and more employers are holding steady on staffing levels as the labour market slows, according to the CIPD’s latest Labour Market Outlook report. The survey shows more than half (55 percent) of employers are looking to maintain their current staff level – the highest level since winter 2016/17. The CIPD’s new report, based on a quarterly survey of 2,009 employers, also cites data from the ONS vacancy survey and analysis on turnover from the Labour Force Survey, with all indicators pointing to lower staff attrition in 2024 and trends returning to pre-pandemic levels. (more…)
April 24, 2024
The number of Britons who say they are experiencing stress or burnout in the workplace doubled in 2023 compared to the previous year, according to a poll from Indeed Flex. According to the survey, 92 percent of UK employees say they have experienced burnout or stress in the workplace during their careers. However the strain has grown rapidly as post-pandemic labour shortages intensified workloads. In 2023 the proportion of UK workers grappling with poor mental health skyrocketed to 37 percent, almost double the 19 percent who experienced problems during 2022. A fifth (19 percent) of workers say they have suffered from burnout or stress in 2024 so far. (more…)
April 23, 2024
With many AI firms increasingly pivoting towards developing specialised tools for easier integration into the workplace, it may come as a surprise that half of the companies Freeths recently surveyed have no plans at all to implement them, with only 15 percent reporting that investing in artificial intelligence tools for human resources was a strategic priority. (more…)
April 2, 2024
A new OECD report Using AI in the Workplace sets out to sheds light on the multifaceted impact of AI adoption, emphasising both its benefits and potential risks. According to the report, AI can bring significant benefits to the workplace. In the OECD AI surveys of employers and workers, four in five workers say that AI improved their performance at work and three in five say that it increased their enjoyment of work. But the benefits of AI depend on addressing the associated risks. Taking the effect of AI into account, occupations at highest risk of automation account for about 27 percent of employment in OECD countries. (more…)
March 27, 2024
An analysis of the impact of generative artificial intelligence (AI) on the UK labour market uncovers a ‘distinct sliding doors moment’, with possibilities for huge job disruption in future or significant GDP gains, depending on government policy. The report from think tank the IPPR claims to identify two key stages of generative AI adoption: the first wave, which is here and now, and a second wave in which companies will integrate existing AI technologies further and more deeply into their processes. (more…)
March 7, 2024
Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. You can see the Government’s own summary here. The various industry sectors have been quick to respond to the announcements. You can see what some people have had to say below, in no particular order. (more…)
January 17, 2024
A new poll from WorkL claims that half of employers believe that Generation Z is not entering the workplace well-equipped with the skills and knowledge needed for their roles. The annual WorkL Global Workforce Report 2024 suggests that mentoring initiatives are being implemented by employers to support Gen Z, with four in ten employers taking the step. Having been significantly impacted by the global pandemic and the shift in traditional working practices, WorkL has seen a falling engagement score for the youngest demographic over the last 12 months; decreasing from 71 percent in 2021 down to just 67 percent in 2023, a concerning four percentage point decrease and the lowest score out of all age groups. (more…)
May 28, 2024
‘The Big Stay’ – it’s time to invest in employees, not to cut costs
by Roger Philby • Comment, Workplace