Job Market Monitor
UK
UK – Employment rate for people aged from 16 to 64 near record high but regular pay annual growth rate lowest on record
Key Points for April to June 2014 Comparing the estimates for April to June 2014 with those for January to March 2014, employment continued to rise and unemployment continued to fall. These changes continue the general direction of movement over the past two years. There were 30.60 million people in work, 167,000 more than for … Continue reading
UK – Becoming the self-employment capital of Europe
Whether they are a growing underclass or a sign of the UK economy’s bright future, the growing army of self-employed warrant our attention The UK workforce has expanded rapidly over the last year, with the working-age employment rate reaching historically high levels and net job creation of over 900,000 in the year to April 2014. … Continue reading
UK – White collar are responsible for bringing out of the economic slump
The make up of the UK workforce is fundamentally different to that of 60 years ago. White collar roles dominate the marketplace, and there is strong evidence these workers are responsible for bringing the UK out of the economic slump. Despite a strong political focus on technical, manufacturing and construction initiatives over the past five … Continue reading
UK – Starting salaries are stagnant
Starting salaries are expected to remain low for the rest of the year after a wide ranging jobs survey found only 2% of employers handed an above-inflation pay rise to new recruits in the last year. Only 20 out of 1,000 employers said they had paid a significant rise to new workers, adding to concerns … Continue reading
Getting Older in UK – Salary down by £400 per year in 50s
Employees reach their highest average earning potential in their 40s, with a possible salary drop of £400 per year in their 50s, according to research by Friends Life. The research is based on Office for National Statistics (ONS) figures analysed by age and sector. It reveals the average salary for senior managers and directors between … Continue reading
UK – The recovery is over as the comes economy back at pre-crisis level
Key points (ONS) Change in gross domestic product (GDP) is the main indicator of economic growth. GDP increased by 0.8% in Q2 2014, the second consecutive quarter on quarter increase of 0.8%. Output increased in two of the four main industrial groupings within the economy in Q2 2014 compared with Q1 2014. In order of … Continue reading
UK – To the record rate of employment set in 2005 says rime Minister David Cameron
Prime Minister David Cameron said this was now equal to the record rate of employment set in 2005. “Today’s figures show more people have the security of a job than ever before. Full employment is a key aim of our long-term economic plan,” he said. via BBC News – UK unemployment falls to six year … Continue reading
UK – Household incomes fall by 13% for those aged 22-30 finds the Institute of Fiscal Studies
People aged 22-30 saw their household incomes fall by 13% between 2007 and 2013, while those between 31 and 59 saw a 7% drop, according to the Institute of Fiscal Studies (IFS). Employment prospects for the under-30s were also hit harder. Living standards are set to be a key issue in the run-up to next … Continue reading
Welfare in UK – Compulsory treatment for depression would come
Hundreds of thousands of benefit claimants face being stripped of their state allowances if they refuse to undergo treatment for anxiety and depression, under radical plans being drawn up by ministers. Existing welfare rules mean it is not possible to require claimants to have treatment, such as therapy or counselling, as a condition of receiving … Continue reading
UK – 10 questions would-be undergraduates to ask at universities
Prospective university students are being encouraged to ask difficult questions as part of a University and College Union campaign for greater transparency in higher education, launched today. The union has produced a list of 10 questions it wants would-be undergraduates to ask. UCU general secretary, Sally Hunt, said that students were “bombarded by information these … Continue reading
Car Industry in UK – 44,000 more jobs to 750,000
Britain’s booming automotive industry now employs three quarters of a million people after adding 44,000 jobs last year. Investment by manufacturers, demand for new models and companies in the supply chain bringing work home – known as “reshoring” – helped drive the increase, according to the data from trade body the Society of Motor Manufacturers … Continue reading
UK – Workplace bullying is on the rise study finds
This will come as little surprise: survey after survey have pointed that workplace bullying is on the rise. A VitalSmarts report released earlier this week found that 96% of their respondents – out of 2,283 people – experienced workplace bullying. Psychology Today refers to the increase as ‘silent epidemic’. Since 2003, 26 states have introduced … Continue reading
IT Skills Gap in UK – It continues to increase says Roger Keenan
Worryingly, City Lifeline research has shown this may just be the start of the problem. Almost a third of UK senior IT personnel believe IT equipment has become more complex than five years ago. Its likely this trend will continue and could have a huge impact on the technology industry in this country. The gap … Continue reading
UK – An additional 8.7 million want to work flexibly right now
Flexible working is now an everyday part of life in Britain. 8 million people work part time (30 hours a week or less) and around 4 million usually work from home. For the first time, Timewise can reveal that an additional 8.7 million UK-based full time workers want to work flexibly right now (whether part … Continue reading
Job Search in UK – Applicants do not have to disclose minor offences
The Supreme Court has ruled that forcing job applicants to disclose minor crimes as part of background checks is a breach of their human rights. The ruling is related to the case of a man, identified only as “T” in court, who was denied employment at a football club and later a place at university … Continue reading
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