October 4, 2019
A new IZA World of Labor report suggests that the number of prime-age males who exist outside the labour force is increasing worldwide. The report claims that this development goes hand in hand with a decrease in wellbeing for the men themselves driven by higher levels of stress and has a wide range of economic and social consequences. More →
September 30, 2019
As artificial intelligence (AI) continues to infiltrate modern society, the benefits and pitfalls the technology receive almost peerless attention. The emergence of AI is of particular importance to how organisations might recruit, with clear signs that they are becoming more interested in the benefits it brings to their businesses.
September 24, 2019
Recent years have seen a widespread drop in global unemployment rates but what continues to puzzle economists has been the subsequent failure of wage inflation to follow suit. This has created an unusual phenomenon of wage stagnation across global markets, according to the eighth edition of the Hays Global Skills Index, a report into skills and the skills gap published by recruitment firm Hays in collaboration with Oxford Economics. More →
September 17, 2019
Around one in twenty workers report not receiving any holiday entitlement, while around one in ten do not receive a payslip – highlighting the scale of labour market violations across the UK – according to new analysis published by the Resolution Foundation. More →
September 12, 2019
The debate about the introduction of a compulsory four day week or shorter hours may take a new turn following the publication of a new report commissioned by the Labour Party which concludes that a blanket limit on the hours worked by people in the UK is both unrealistic and potentially counter-productive, in spite of the fact that there is clear evidence for its effect on wellbeing and productivity. More →
September 12, 2019
Over half of workers believe automation will significantly change or make their job obsolete within the next ten years and three quarters would learn new skills or completely retrain to improve their future employability. Yet people given fewer opportunities to learn new digital skills are more fearful of the impact of automation, and are more likely to have lower levels of education. More →
September 11, 2019
There are mixed signals in today’s jobs figures for the UK. Optimists will point to continued record employment, a slight fall in unemployment and earnings growth higher than at any point since the recession – despite everything, the labour market is still going strong. For pessimists though, there are strong signs of things slowing down: vacancies have fallen to their lowest since 2017, the growth in employment is virtually flat, and the number of young people not in employment or education is rising again. So what is really going on? More →
September 10, 2019
The number of new start-ups in the UK fell sharply last year and established firms scaled back their growth ambitions due to Brexit uncertainty, according to new data looking at the health of the grassroots economy. The findings have emerged from the Enterprise Research Centre’s UK Local Growth Dashboard report, an annual publication that looks at a range of metrics charting the growth of small to medium-sized enterprises (SMEs), which account for 99 percent of all firms in the UK. More →
September 5, 2019
Women who have an hour-long commute are nearly a third (29 per cent) more likely to leave their current job than if they had a 10-minute commute, according to data from the Office for National Statistics (ONS). The ONS concludes that this contributes to men doing the majority of higher paid jobs and that it’s likely women prefer short commutes because it allows them more flexibility for childcare and unpaid work. More →
September 3, 2019
While firms are already being asked to do more to support their older workers by organisations like The Centre for Ageing Better, a new OECD report is arguing that it is an issue that Governments are not addressing as well as they might. It claims that the rapidly ageing population of countries around the world means that governments should promote more and better job opportunities for older workers to protect living standards and the sustainability of public finances.
September 2, 2019
One in three (30 percent) requests for flexible working are being turned down, according to a new TUC poll published today (Monday). The polling – published as children around the UK go back to school this week – reveals that flexible working is not available to many workers, and that people in working-class jobs are most likely to miss out on it. More →
September 25, 2019
Flexible working in the age of longevity
by Richard Morris • Comment, Property, Wellbeing, Working lives