Search Results for: labour market

Two million people in the UK have not worked for at least six months

Two million people in the UK have not worked for at least six months

Almost two million workers were unemployed or fully furloughed in January – and had been for at least six months – highlighting the scale of lasting damage to the UK’s labour force that will need to be addressed in the Budget, according to major new research published today by the Resolution Foundation. Long Covid in the labour market – supported by the Health Foundation – examines the state of the labour market during the current lockdown, the cumulative impact of the longer than expected crisis so far, and workers’ prospects for the months ahead as the economy starts to recover. More →

Low paid workers have borne the brunt of the pandemic

Low paid workers have borne the brunt of the pandemic

low paid workersNew analysis by the Institute for Employment Studies has found that low paid workers are more than twice as likely to have lost their jobs during the pandemic and are at far greater risk of being temporarily laid off or having their hours cut. The research, funded by Standard Life Foundation, concludes that in this current lockdown it is likely that around two thirds of low paid workers – or four million people – are either temporarily laid off or working fewer hours than normal. This would be double the rate of work disruption for staff who are not classified as low paid. More →

Furlough scheme should be extended ahead of the Budget, says CIPD

Furlough scheme should be extended ahead of the Budget, says CIPD

furloughWith six weeks still to go until the Chancellor’s Budget, the CIPD is urging the Government to act early to extend the furlough scheme to protect jobs, support incomes and enhance skills development. Its calls are outlined in a report called The Future of Furlough – Recommendations for now and for any future wage subsidy. In order to support smaller firms who don’t pay an apprenticeship levy, the CIPD is also recommending the creation of a furlough scheme training fund of up to £100 million, which would be funded from levy-paying firms’ expired levy funds that would otherwise go to HM Treasury. The CIPD estimates that this could pay for training or outplacement skills development support for nearly 160,000 workers in small firms. More →

Employers failing to tackle age bias in recruitment

Employers failing to tackle age bias in recruitment

biasEmployers are failing to identify and tackle potential age bias in their recruitment process, with most employers interviewed not seeing it as a ‘problem’ in their organisation, according to a new report by the Centre for Ageing Better. More →

Less than half of employers plan to take on a young person next year

Less than half of employers plan to take on a young person next year

Only 46 percent of employers plan to hire a young person between the age of 16 and 24 in the next year despite new Government incentives to do so, a report from the CIPD suggests. Over 1,000 employers were surveyed for the CIPD’s COVID-19 and the youth labour market report which examines the likely impact of new incentives to boost provision of traineeships, apprenticeships, and six-month work placements through the Kickstart scheme – as outlined in the ‘Plan for Jobs’, which was presented to Parliament in July 2020. More →

Maternity leave causes women to lose out on £3.2 billion

Maternity leave causes women to lose out on £3.2 billion

Maternity leaveWomen taking maternity leave collectively lose out on £3.2bn worth on earnings, a fall of nearly half their average annual salary, claims new research from Direct Line Life Insurance. More →

Millions will struggle to access the Government’s new Lifetime Skills Guarantee

Millions will struggle to access the Government’s new Lifetime Skills Guarantee

Lifetime Skills GuaranteeNew analysis published by the Work Foundation and Totaljobs claims that millions of low paid workers will struggle to access the Government’s new Lifetime Skills Guarantee (LSG) when it is launched next year amidst a growing jobs challenge. 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 →

More stability in sight for employment but three in ten employers still planning redundancies

More stability in sight for employment but three in ten employers still planning redundancies

RedundanciesThe pace of deterioration in UK job prospects is starting to slow this autumn due to very modest improvements in planned recruitment activity and a slight decrease in employers’ intentions to make redundancies. This is according to the latest quarterly CIPD/the Adecco Group Labour Market Outlook (LMO) survey – involving more than 1000 employers and covering all sectors of the economy. 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 →

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 →

Progression is hard, but promotion is rewarding

Progression is hard, but promotion is rewarding

PromotionHighly talented workers join prestigious firms, claims new research by the University of Cologne, Bielefeld, Braunschweig and the California State University, East Bay. The study, conducted by Professor Oliver Gurtler, suggests that it is harder to advance in a competitive firm, but the promotion is higher valued by the labour market. More →