Search Results for: labour market

UK job quality continues to fall short

UK job quality continues to fall short

job qualityJob quality in the UK has been surprisingly unaffected by the Covid pandemic so far but continues to fall short on a number of key measures, according to the CIPD’s annual Good Work Index. More →

Employer hiring optimism leaps to eight year high, claims research

Employer hiring optimism leaps to eight year high, claims research

hiringUK employers are the most optimistic about hiring in eight years, according to the latest CIPD/Adecco Labour Market Outlook report. The survey claims that all sectors are experiencing a jobs recovery, alongside an improvement in pay prospects. More →

Graduates concerned about the pandemic’s negative career impact

Graduates concerned about the pandemic’s negative career impact

graduates

New research from graduate careers website Milkround claims almost two-thirds (62 percent) of graduates are concerned that the pandemic will negatively impact their future career development prospects, a sentiment which is shared by 55 percent of HR decision makers. More →

Serfs up for the self-employed and gig economy workers (and the middle class)

Serfs up for the self-employed and gig economy workers (and the middle class)

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

Progress for women in work back at 2017 levels due to COVID-19

Progress for women in work back at 2017 levels due to COVID-19

progressProgress for women in work could be back at 2017 levels by the end of this year as a result of the COVID-19 pandemic, according to analysis conducted for PwC’s annual Women in Work Index, which measures female economic empowerment across 33 OECD countries. More →

Employment intentions at their strongest in a year

Employment intentions at their strongest in a year

employmentUK employers are reporting their strongest employment intentions in a year, the latest CIPD/Adecco Labour Market Outlook claims. The survey’s net employment intentions figure, which measures the difference between the proportion of employers expecting to add jobs and those planning to cut positions, rose to +11 this quarter – its highest in a year. This compares to -1 in the previous quarter. More →

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 →