Search Results for: unemployment

Covid-19 crisis has created unique challenges for working single parents

Covid-19 crisis has created unique challenges for working single parents

ChallengesNew research published by Gingerbread and the Institute for Employment Studies (IES) highlights unique challenges for working single parents including for those who will lose their jobs as a result of the Covid-19 Crisis. As the country experiences a second Lockdown, and with growing unemployment and continued childcare restrictions, it is vital that the government provide better support to single parents. (more…)

Burnout, stress and disconnection are now our most urgent workplace mental health issues

Burnout, stress and disconnection are now our most urgent workplace mental health issues

burnoutThis has been a tough year all round, particularly with the COVID-19 pandemic continuing to cause seismic shifts in how we live and work. Surveys across various countries indicate that employees are experiencing more feelings of burnout, stress and disconnection as the pandemic is taking a toll on people’s mental health. What’s causing this and what can we do to combat it? (more…)

Working from home could energise some of our overlooked cities

Working from home could energise some of our overlooked cities

working from homeFor years, we have been promised a work-from-home revolution, and it seems that the pandemic has finally brought it to pass. In April this year, at the height of the first wave of coronavirus, 47 percent of people in the UK were working from home, the vast majority of them doing so because of the pandemic. In a sense this is overdue: the work-from-home potential for UK employees is 32 percent; in France, Germany and Italy between 24 percent and 28 percent. (more…)

Government urged to give regions greater power over skills and employment

Government urged to give regions greater power over skills and employment

The Government must give UK regional economies greater autonomy over skills and employment to develop grassroot recovery strategies – or risk levelling down the chances of millions, according to a new report published by City & Guilds Group. (more…)

Radical reskilling needed to ensure future of economy

Radical reskilling needed to ensure future of economy

reskillingResearch carried out by the CBI prior to the pandemic suggests there is an urgent need for the UK to embark on a radical programme of reskilling that goes further and faster than current plans. According to the CBI, the UK faces a stark choice: invest more in lifetime learning and upskilling of millions of employees, or stick to business as usual, and risk sustained higher rates of unemployment and skills shortages. (more…)

People still prefer permanent jobs despite rise in number of freelance roles

People still prefer permanent jobs despite rise in number of freelance roles

Permanent jobsWorkers (82 percent) would rather have permanent jobs than “be their own boss” in a freelance or contract role, even as the self-employed and gig economy has grown rapidly in recent years, claims new research from the ADP Research Institute. Many workers believe that permanent work is preferable for a host of reasons including regular hours, better pay, timely payments, and the ability to get credit. (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…)

Self-employment is great for wellbeing, not so great for the bank balance

Self-employment is great for wellbeing, not so great for the bank balance

In the week the ONS announced that the number of self-employed people in the UK had dropped by 178,000 over the last quarter, a new report from the Joseph Rowntree Foundation and the Institute for Fiscal Study suggests that the growing number of people who turn to self-employment do so despite a drop in their incomes. On average, they earn nearly £500 (30 percent) less a month than they did before falling out of traditional employment. (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…)

Positive employee experience expected to significantly dip as ‘a new burnout’ looms

Positive employee experience expected to significantly dip as ‘a new burnout’ looms

employee experienceKincentric today announced the results of a survey representing over 130,000 employees across 100 companies globally. The findings suggest a strong positive employee experience, however, Kincentric believes these are artificially high due to the extraordinary circumstances and will likely erode within nine months, which is consistent with how most people process change or loss, claims Global Culture & Engagement Practice Leader, Ken Oehler.

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Global carbon dioxide emissions fall dramatically because of lockdown

Global carbon dioxide emissions fall dramatically because of lockdown

Carbon dioxide emissions have declined rapidly during the Covid-19 lockdown according to a new global academic study, but experts are warning that the reductions may be short-lived as normal economic activity resumes. The findings appeared today in the journal Nature Climate Change. The international study of carbon emissions found that daily emissions declined by around 17 percent between January and early April, compared to the previous year and could decline anywhere between 4.4 percent and 8 percent for the whole of 2020, the largest annual drop since the Second World War. (more…)

Fall in employment and property values is inevitable

Fall in employment and property values is inevitable

commercial propertyIt is already inevitable that the economic fallout from the COVID-19 pandemic will include a “big hit to commercial property values” and a rise in unemployment in the UK, according to reports from researchers Capital Economics (paywall). The economic research consultancy has downgraded its forecasts for the UK economy and, as a result, is projecting a near 10 percent decline in property values and a rapid but short-lived increase in unemployment. (more…)