Job Market Monitor
Britain
UK – Hiring secret agent’s apprentice
How’s this for a job title – secret agent’s apprentice? The British government is recruiting teenage apprentice spies and codebreakers without university degrees in a bid to deepen the talent pool of its intelligence services for the era of cyberterorrism and cyberwarfare. Foreign secretary William Hague announced the programme on Thursday in a speech at … Continue reading
UK – Intercity/Agility Trains – More than 900 jobs wouldl be created and thousands more secured
More than 900 jobs will be created and thousands more secured after Transport Secretary Justine Greening approved a £4.5bn contract to supply Britain with the next generation of intercity trains. In a major boost to the UK’s manufacturing industry, 596 railway carriages will be built at a brand new train factory in the north east … Continue reading
UK back in Recession – Significant economic contraction of 0.7pc
The figures from the Office for National Statistics are much worse than forecasts for a 0.2pc contraction. It marks the third successive quarter of contraction, leaving Britain in its longest double-dip recession in more than 50 years. The economy shrank by 0.3pc in the first quarter of the year, following a 0.4pc contraction in the … Continue reading
UK – The Recruitment and Employment Confederation and KPMG said permanent placements are down
Permanent and temporary jobs across the country, including the City, have fallen in recent weeks, giving a “bleak” outlook on the employment front, according to two studies. The Recruitment and Employment Confederation (REC) and KPMG said permanent placements fell for the first time in six months in June, while temporary appointments were down for the … Continue reading
UK | Wealthy and Wealthier
Britain’s wealthiest people saw their fortunes rise to record levels last year, according to the annual Sunday Times Rich List, at a time when most Britons’ earnings and savings were squeezed by inflation and low interest rates. The combined wealth of Britain’s 1,000 richest people swelled by almost five percent to more than 414 billion … Continue reading
UK | Skilled migrant cap frozen for two years
The British government has bowed to pressure from business by pledging to freeze the cap on the number of skilled workers allowed into the UK for two years. The annual limit on skilled workers from outside the European Economic Area will remain at 20,700 until April 2014, the Home Office said on Wednesday. Independent advisers … Continue reading
Balfour Beatty | 12,000 jobs at risk
Britain’s biggest construction company Balfour Beatty (BALF.L: Quote) has warned all its 12,000 staff in the UK that their jobs are at risk, the construction industry magazine Building reported on Wednesday. Read More @ Balfour Beatty warns 12,000 jobs at risk: report | Business | Reuters.
Now, permanent settlement in UK gets tougher – IBNLive
For the first time, Britain is breaking the link between the number of years a migrant spends in the country and permanent settlement, by introducing a 35,000-pound annual salary threshold for those seeking to avail the privilege, a move that is likely to affect Indians. Until now, permanent settlement was automatic: if a migrant spends … Continue reading
Childcare cost rises ‘may make parents quit their jobs’ – BBC News
Some parents could be forced out of work and into poverty as the rising cost of childcare outstrips wage rises, says a report. A survey by the Daycare Trust charity showed that the average cost of nursery care in Britain for children under two rose by nearly 6% last year. Average wages rose by just … Continue reading
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