Job Market Monitor
UK
Low-Paid Jobs in UK – Initiatives for improving progression helping employers and workers through the same programme
Existing skills and employment support systems concentrate on work entry but policy-makers concerned with addressing poverty also need to focus on individuals in employment and find ways of improving progression from low-paid jobs. This research developed proposals for a package of progression-focused employment and skills initiatives relevant to the needs of Leeds City Region residents … Continue reading
Apprenticeships and UK’s Businesses – £1.8 billion of net economic benefits, around £2,000 per apprentice but many organisations appear unaware of the full apprenticeship offer
Apprentices delivered around £1.8 billion of net economic benefits to UK organisations last year according to the latest research from the Association of Accounting Technicians (AAT), the UK’s leading qualification and membership body for accounting staff. The report, compiled by the Centre for Economics and Business Research (Cebr), found that apprentices offer UK businesses a … Continue reading
Skills Gap in UK – Skill shortages in the economy is modest research finds
At the simplest level, skill mismatches refer to a failure of skill supply to meet skill demand. Mismatches, depending upon their intensity and scale, can be damaging: they can act as a drag on economic growth, limit the employment and earnings opportunities of individuals, and prevent companies maximising their performance. The key findings from the … Continue reading
Youth in UK – 47 per cent say that an academic education alone is not enough to secure a job
Youth unemployment is a blight on the lives of millions of young people across the UK and brings with it serious financial and social implications for productivity and growth. Every major economy preparing for the future will look to the next generation as the source of fresh ideas, innovation and entrepreneurship. But with 625,000 young … Continue reading
Publicly Funded Training in UK – Not possible to identify any unambiguous impact
Two strands of econometric analysis were undertaken – the first to assess the impact of training on productivity and the wage bill controlling for both publicly funded training (derived from the matched ILR-EDS-IDBR data) and overall training intensity (derived from the ESS) at . The second strand of analysis replicated the industry-level approach at (although … Continue reading
Higher Education in UK – The young men underachievement
After centuries of inequality in UK higher education benefiting men, there has been a reversal over the past three decades. A lower proportion of entrants to UK higher education institutions are male than ever before and they make up less than one-half of the total. Other developed countries have undergone a similar shift. Male underachievement … Continue reading
Occupational Outlook in UK (2014-2024) – Driven by the evolving pattern of demand for goods market
The changing industry mix of employment, which is driven by the evolving pattern of demand for goods market. Occupational employment structure varies considerably across industries. Occupations that are concentrated in growing sectors will gain employment in contrast to those concentrated in declining sectors. The chart provides an overview of the performance of broad sectors of … Continue reading
Self-Employment in UK – 4.6m, an all-time high
The report is written in a straightforward way so as to be practical and completely unambiguous. I would welcome feedback from the self-employed sector, with whom I feel a particular affinity. In this report I have tried to accurately portray the views and concerns that have been expressed to me. I hope I have done … Continue reading
Engineering Employers Federation in UK – The lack of technical skills among applicants cited by 67% of employers
2016 is set to be a challenging year for UK manufacturers. More than two-fiths of companies surveyed for EEF’s Executive Survey 2016 believed that there are more risks than opportunities for their business in the coming year. This has had an impact on overall recruitment plans. After two years of very positive recruitment intentions, our … Continue reading
Self-Employment in UK – Recent trends with charts
No one source of data gives us a comprehensive picture of the income of the self-employed. However, by looking at a range of sources, we can form some tentative conclusions: The self-employed as a group have seen falling income since the recession But this is mostly down to the changing composition of self-employment Those individuals … Continue reading
National Living Wage in UK – The biggest year-on-year increase since 2001
“Britain deserves a pay rise,” George Osborne declared last year. And what a pay rise. The British chancellor announced a “National Living Wage,” where those aged 25 and over will see their minimum pay jump from £6.70 ($9.63) to £7.20 ($10.30) an hour. The increase—the biggest year-on-year increase since 2001—comes into force today (April 1).The … Continue reading
Current apprenticeships policy and developments in England
Skills and training are devolved policy areas. This Briefing Paper covers apprenticeships in England. Sources of information on apprenticeships in Scotland, Wales and Northern Ireland are included in Section 4, Useful Sources. The Government has made a commitment of 3 million new apprenticeships starts in England between 2015 and 2020. Apprenticeships are full-time paid jobs … Continue reading
Apprenticeship in UK – How UK apprentices perceive their pay
This essay explores apprenticeship pay as a key area of employee relations. It considers how apprentices perceive their current level of apprenticeship pay and critically evaluates the impact on young people’s future careers and inclusion. The essay considers the perspectives of employers, policy-makers, and trade unions within this evaluation. Thus the predominant aim of the … Continue reading
Welfare, Universal Credit and Wages in UK – Minimum wage not as effective as transfer payments at alleviating income poverty
Duncan Smith’s resignation letter (a former British Cabinet Minister) laid this divide bare: “There has been too much emphasis on money saving exercises and not enough awareness from the Treasury, in particular, that the government’s vision of a new welfare-to-work system could not be repeatedly salami-sliced.” In typically dramatic fashion, last year Osborne jacked up … Continue reading
From Low Pay to Higher Pay in UK – People who are on low pay more likely to be in employment in the future than the unemployed or not in the labour force
There is a sizable body of literature examining low paid employment with a focus on state- dependence of low pay – that is, whether and to what extent current low paid employment increases the probability of remaining in low pay in the future. The interest in state-dependence of low pay arises from a concern that … Continue reading
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