Search Results for: employment

Employment rates set to grow but applicants must battle for jobs

by • Knowledge, News, Workplace

Employment rates set to growth but applicants must battle for jobs

Employment growth is set to continue in the second quarter of this year, but the jobs market remains a ‘battleground’, particularly for low-skilled workers. According to the Spring 2013 Chartered Institute of Personnel and Development (CIPD)/Success Factors Labour Market Outlook (LMO), the net employment balance – which measures the difference between the proportion of employers who expect to increase staffing levels and those who intend to reduce staffing levels, has increased to +9 from +5 for the previous quarter, the fifth consecutive quarter of projected growth. However, the median number of applicants employers receive for medium-skilled roles is 29, highly-skilled vacancies typically receive 10 applicants and pay rates continue to be squeezed.

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UK underemployment rates more accurate measure say economists

by • Knowledge, News, Workplace

 Underemployment in the UK heightened by a fall real wages say economists

The current economic downturn differs from previous recessions in that unemployment rates haven’t been quite as devastating, with employers opting to freeze pay rates and offer flexible working and reduced hours in order to retain staff. But according to a white paper published today this has led to an important new phenomenon – underemployment. In the latest issue of the National Institute Economic Review, economists David Bell and David Blanchflower of the University of Stirling and Dartmouth College describe workers who are underemployed when they are willing to supply more hours of work than their employers are prepared to offer. (more…)

UK firms want to stay in EU but majority favour employment law changes

by • Knowledge, News, Workplace

EU FlagA new report from the British Chambers of Commerce shows that while the majority of businesses still favour the UK’s ongoing membership of the European Union, the majority would like to see significant changes in certain key legislative areas including employment law, health and safety regulations and regional development. The EU Business Barometer from the BCC gathered responses from around 4,400 firms of all sizes and from a range of sectors and found that over half (54 per cent) wanted changes to employment law, a similar proportion wanted changes to Health and Safety laws (46 per cent) and a third changes to policies related to regional development.

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UK employment rises but pay rates are squeezed

by • News, Workplace

pay squeeze

The UK employment rate is now higher than in the United States and is well above that in the Eurozone. However, pay levels remain low, with basic pay inflation now at just 1.3 per cent. According to the latest figures from the Office for National Statistics long-term unemployment fell by 15,000 this quarter to its lowest level for nearly a year. Nigel Meager, Director at the Institute for Employment Studies, commented: “The UK stands in contrast to developments in the Eurozone, where employment and unemployment figures are continuing to deteriorate.” (more…)

Flexible working bolstering employment growth in UK

by • News, Workplace

Jobs

Employment will continue to grow in the first quarter of 2013, despite stalled economic growth. According to the latest Chartered Institute of Personnel and Development (CIPD)/SuccessFactors Labour Market Outlook the proportion of employers that intend to increase total staffing levels remains positive for the first quarter of 2013. Gerwyn Davies, Labour Market Adviser at the CIPD, said: “While muted pay growth is playing a part, we also see continued evidence that employers are reluctant to lay-off skilled workers.” He added: “Some employers are clearly using flexible working and reduced hours to adapt to trading conditions.” (more…)

Gen Z workers are socialising more after returning to the office, study suggests

Gen Z workers are socialising more after returning to the office, study suggests

by • Flexible working, News

Almost one in three Generation Z employees say they are socialising more with colleagues since returning to the office more often, according to a new poll from career transition firm Careerminds UK. The survey of 600 UK employees found that 31.7 percent of Gen Z respondents said they socialise more with colleagues now they are spending more time in the workplace. Among millennials, the figure was 17.7 percent. The research was published during International Youth Employment Week and examined how employees’ workplace habits have changed since the return to office and hybrid working. (more…)

Inter-generational collaboration linked to stronger organisational performance, report claims

Inter-generational collaboration linked to stronger organisational performance, report claims

by • News, Workplace

Organisations that encourage stronger inter-generational collaboration between different groups of employees are more likely to see improvements in innovation, trust and business performanceOrganisations that encourage stronger inter-generational collaboration between different groups of employees are more likely to see improvements in innovation, trust and business performance, according to new research from employee recognition firm O.C. Tanner. The company’s first State of Generations at Work Report, based on responses from more than 5,700 employees across 17 countries, argues that employers should move beyond generational stereotypes and instead focus on creating what it describes as “generational synergy” across their workforces. (more…)

New mothers return to work early as financial pressures shorten maternity leave, report finds

New mothers return to work early as financial pressures shorten maternity leave, report finds

by • News, Wellbeing

Financial pressures are prompting many new mothers to return to work before the end of their statutory maternity leave, according to new researchFinancial pressures are prompting many new mothers to return to work before the end of their statutory maternity leave, according to new polling from campaign group Pregnant Then Screwed. The organisation’s State of the Nation 2026 survey, conducted in partnership with Women in Data, suggests the impact is greatest on single parents, lower income families and parents of disabled children. (more…)

Data centres are the most significant building type in the world right now. And we need to talk about that

Data centres are the most significant building type in the world right now. And we need to talk about that

by • Features, Technology, Workplace design

Data centres have always been a slight anomaly in the Built Environment sector, part property and part critical infrastructure (talking in wattage rather than square footage for example), lacking aesthetic appeal and they are not significant employers, they are often considered a necessary evil to support our hyper-communicative lifestylesThe Data Centre Congress which took place from June 1st to 4th in Cannes is to data centres what mipim is to the more traditional markets in property, a place where the good and the great – from investors and operators, to the engineers and power providers, gather to network and contemplate the challenges and the future of the sector. In Q1 last year there was a slight chill through the sector after Microsoft halted data centre plans across the US and Europe to the tune of 2GW, citing caution around the overexpansion of AI and uncertainty around tariffs. What seemed like bombshell news at the time, felt like a mere blip and a distant memory at the 2026 edition and this juggernaut of activity is showing zero signs of slowing, a market that is currently worth over $300 billion is set to rise to $699.13 billion by 2034. (more…)

New hires fall to five-year low as UK labour market continues to soften

New hires fall to five-year low as UK labour market continues to soften

by • Business, News

The number of people starting new jobs in the UK has fallen to its lowest level in five years, according to the latest labour market figuresThe number of people starting new jobs in the UK has fallen to its lowest level in five years, according to the latest labour market figures from the Office for National Statistics (ONS), adding to evidence of a gradual cooling in employment demand. The ONS said the labour market remained “broadly stable”, but several indicators pointed to weakening conditions. New recruitment fell to just under 540,000 people in April, the lowest monthly inflow since March 2021, while vacancies continued their long-running decline. (more…)

London could generate £76bn boost to UK economy through ‘frontier industries’, says PwC

London could generate £76bn boost to UK economy through ‘frontier industries’, says PwC

by • News, Property, Technology

London could help generate an additional £76 billion a year for the UK economy by 2030 if productivity growth in finance, technology, and science and research industries is acceleratedLondon could help generate an additional £76 billion a year for the UK economy by 2030 if productivity growth in finance, technology, and science and research industries is accelerated, according to a new report from PwC. The consultancy’s Grow London report argues that the capital is well positioned to support growth in what it describes as “frontier industries” due to its concentration of skilled workers, access to investment, established technology clusters and stable business environment. (more…)

Government report warns of ‘economic catastrophe’ as young people struggle with mental health

Government report warns of ‘economic catastrophe’ as young people struggle with mental health

by • News, Wellbeing, Workplace

Former health secretary Alan Milburn has warned that Britain risks a “generational, societal and economic catastrophe” unless employers and government adapt to rising levels of poor mental health among young peopleFormer health secretary Alan Milburn has warned that Britain risks a “generational, societal and economic catastrophe” unless employers and government adapt to rising levels of poor mental health among young people. An interim review led by Milburn into the growing number of 16 to 24-year-olds not in education, employment or training argues that businesses will need to provide greater flexibility, pastoral care and mental health support to what he describes as an “anxious generation”. (more…)

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