May 2, 2013
UK underemployment rates more accurate measure 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 →
May 1, 2013
Resistance to workplace change marks the passing of the old order
by Martin Brooker • Comment, Facilities management, Technology
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