Search Results for: labour market

Wellbeing issues dog growing number of men unable to find work

Wellbeing issues dog growing number of men unable to find work

wellbeing issues for unemployed menA 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…)

Employment of mothers shapes working lives of children

Employment of mothers shapes working lives of children

working lives of mothers serves as role model for childrenA new report from the IZA Institute of Labor Economics claims that working mothers serve as role models for the working lives of their children, especially their daughters. The report suggests that  while the inter-generational correlation of labour market outcomes has been a subject of interest among both academics and policymakers for a long time, much of the literature has focused on the correlation of earnings. The new report argues that not only is the potential to earn transmitted across generations but also the willingness to work more generally. (more…)

One in twenty workers not receiving paid holiday

One in twenty workers not receiving paid holiday

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…)

AI revolution means 120 million people need to reskill

AI revolution means 120 million people need to reskill

The AI revolution means a large number of people need to reskill soonAs many as 120 million workers in the world’s 12 largest economies may need to be retrained or reskilled over the next three years as a result of the advent of artificial intelligence (AI) and automation, according to a new IBM Institute for Business Value (IBV) study. It also suggests that only 41 percent of CEOs surveyed say that they have the people, skills and resources required to execute their business strategies.

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Governments should respond to needs of older workers

Governments should respond to needs of older workers

Illustration of older workers in an officeWhile 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.

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Freelancers and the self-employed need holidays too

Freelancers and the self-employed need holidays too

Taking time off improves the work performance of freelancers, a new study from IPSE (the Association of Independent Professionals and the Self-Employed) claims. The research suggests that almost two-thirds of freelancers believe taking holiday improves their work performance in some way. Asked what advantages came with taking more time off, 63 percent said it improved aspects of their work including productivity, energy, creativity and confidence in their work. (more…)

Firms need to place more value on older workers

Firms need to place more value on older workers

Older workers are now a key part of the workforceAs we live longer lives, it’s inevitable that more of us want to work for longer. It makes good business sense too: with fewer younger people starting work to replace those set to retire in future years, coupled with uncertainty over Brexit and labour shortages, employers can’t afford to lose older workers.

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Increase in non-EU workers eases skills challenge

Increase in non-EU workers eases skills challenge

The sharp increase in non-EU citizens coming to work in the UK has helped to ease recruitment difficulties for medium and high-skilled roles, according to new research from the CIPD and Adecco Group. Despite employment growing strongly over the past year, the number of applicants chasing each medium and high-skilled vacancy has fallen relatively modestly compared with the same period last year. However, the number of people applying for low-skilled roles has dropped by a fifth over the past year, suggesting that some employers may face significant recruitment challenges for skills in the coming months. These are the findings of the latest quarterly Labour Market Outlook from the CIPD and the Adecco Group, a survey of 2,104 employers which explores their pay and hiring intentions. (more…)

Changing nature of work revealed in official data

Changing nature of work revealed in official data

The changing nature of workMany aspects of the changing nature of work in the UK are highlighted in a new official report into the number of hours worked in the country. The UK’s ongoing productivity challenges, highlighted by another ONS report last month, are well known, but the new data suggests that a number of common suppositions about the way we work should be challenged, especially those related to demographics, the types of work people do and who does it. (more…)

Work is no more insecure than it was twenty years ago, claims report

Work is no more insecure than it was twenty years ago, claims report

Queuing for workEmployment insecurity affects many people but, overall, work in the UK is as secure as it was 20 years ago, with limited evidence of growing casualisation, new research from the CIPD claims. The report Megatrends: Is work really becoming more insecure? finds that at 20 percent, the share of non-permanent employment in the UK – which includes the self-employed and temporary workers (including temporary zero hours contract workers) – has not increased since 1998.

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The tipping point for flexible working arrives

The tipping point for flexible working arrives

Although people have been talking about flexible working in one way or another for decades – the economist John Maynard Keynes declared in 1930 that technological advances would lead to a 15-hour working week – we may now be at the tipping point where work takes on an entirely different character. (more…)

Employment rights to be enforced by new single body

Employment rights to be enforced by new single body

Good work and employment rightsThe government has launched its latest Good Work Plan consultation which proposes a new single body for employment rights enforcement. The new body would replace the current seven organisations that have responsibility for employment rights enforcement. The proposals include the body having  powers to enforce payment of the minimum wage, labour exploitation and modern slavery, along with holiday payments for vulnerable workers and safeguarding agency workers. The consultation considers whether the body should also enforce laws related to workplace discrimination, harassment and bullying. (more…)