July 22, 2019
UK could receive £250 billion boost if labour market matched that of Sweden
New analysis by economists at PwC claims that, if the UK could match Sweden in terms of its employment rates for women aged 25-54, older workers and the proportion of its young people not in employment, education or training, the potential boost to UK GDP could be as much as 12 percent, or around £250 billion at 2018 values. Although the UK labour market has been strong in recent years – the employment rate is at a record high of over 75 percent and unemployment is at its lowest level since the mid 1970s – new research from PwC indicates that performance is middling compared to other OECD economies. A new composite Labour Market Performance index, combining results from PwC’s Youth Employment, Golden Age and Women in Work indices, finds the UK is 19th overall amongst OECD countries. Iceland and Sweden top the combined index rankings based on the latest available annual data for 2018. More →
July 22, 2019
Problems with noise at work? A lot of it is in our heads 0
by Anna King • Comment, Wellbeing, Workplace design
When it comes to working in an office, hell really can be other people. Many staff can have enormous difficulties coming to terms with the sounds that form the backdrop to their working day, especially if they work in open plan areas. The problem of noise at work is particularly acute right now because most UK employees now work in open plan offices and at workstations that are on average about 20 percent smaller than they were ten years or so ago. Yet, on the face of it, the business case for working in open plan offices is pretty clear cut.
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