Job Market Monitor
UK
IT in UK – 74 per cent have experienced difficulty recruiting staff
74 per cent of current IT leaders have experienced difficulty recruiting staff with the necessary skills and experience they require according to new research commissioned by Reconnix, the Open Source and Cloud Service provider. When asked on the issue of hiring qualified staff, only 12 per cent of those responsible for hiring technology related positions … Continue reading
Morrisons (UK) – To cut 2,600 jobs
UK supermarket chain Morrisons plans to cut 2,600 jobs as a result of changes to its management structure. The firm, which has 126,000 staff, will reduce layers of management, it said. Dalton Philips, Morrisons’ chief executive, said the changes would “lead to simpler, smarter ways of working”. The former chairman, Sir Ken Morrison, told the … Continue reading
UK – The 18-64 year age employment rate is at a record high
The 18-64 year age employment rate is at a record high The labour market data continue to show an extraordinary mix of very strong job growth and falling real wages: The number of people in work rose by 345K (1.1%) QoQ and 780K (2.6% YoY) in Feb-April, the highest QoQ gain in employment since data … Continue reading
Immigrants in UK – Countries of origin, level of education, and time since arrival all shaped their employment outcomes report finds
The 2000s saw a significant increase in the foreign-born working-age population in the United Kingdom, in part because of the decision to forgo restrictions on the inflow of workers from the new European Union Member States. Starting in 2004, a large influx of labor from Eastern European countries—especially Poland, Latvia, and Lithuania—transformed the country’s immigrant population and labor market. … Continue reading
Jobs for Grads in UK – Nine in ten bosses say they can’t find good enough candidates
To many job-seeking graduates, it seems unbelievable – but a new survey suggests that many employers are struggling to fill their graduate vacancies for this year. With nearly nine in ten graduate employers admitting they have positions that they can’t find suitable candidates for, there could be hundreds of good quality, well-paid graduate roles currently … Continue reading
UK – Antidepressant use soared during the recession with 12.5m more pills prescribed in 2012 than in 2007
The use of antidepressants rose significantly in England during the financial crisis and subsequent recession, with 12.5m more pills prescribed in 2012 than in 2007, a study has found. Researchers from the Nuffield Trust and the Health Foundation identified a long-term trend of increasing prescription of antidepressants, rising from 15m items in 1998 to 40m … Continue reading
UK – Unemployment at lowest in more than five years and real wage growth
Britain’s unemployment rate fell to its lowest level in more than five years in the first quarter of 2014, helped by a record number of people getting jobs. Pay growth rose more than inflation for the first time since 2010 but was below forecasts. The latest signs of recovery in the labour market come shortly … Continue reading
Barclays – To cut 19,000 jobs over three years
As part of a new strategy, the investment part of the bank will lose about 7,000 jobs by the end of 2016. Barclays’ investment bank has been hit by a slowdown in the demand for government and company debt. Barclays will also set up a “bad bank” which will eventually sell or run down £115bn … Continue reading
UK – Unemployed must sign on every day from now
Harsh rules to drive the long-term unemployed into work come into force today, which state they will only receive their benefits if they either show up at a jobcentre every day or commit to six months of voluntary work. Those who fail to comply with the rules, which also offer signing up to a training … Continue reading
UK Computer Games Programmers – A brain drain ?
UK computer games programmers are increasingly being head-hunted by companies based in the US and Canada according to Procorre, an international professional services consultancy that operates across 120 countries. Te company is warning of a ‘brain drain’ of UK IT talent as over 50 per cent of the online gaming job adverts aimed at UK … Continue reading
Self-employment in UK – More than two in five new jobs created since mid-2010 have finds Trades Union Congress
Self-employment accounts for 44 per cent of the net rise in employment since mid- 2010, with pensioners, part-time workers and ‘odd-jobbers’ the fastest growing groups of Britain’s new self-employed workforce, the TUC says today (Monday) ahead of the latest employment figures published later this week. The TUC analysis shows that despite self-employment being a relatively … Continue reading
Graduate starting salaries in UK – Dropped by 11%, from £24,293 to £21,701 in real terms between 2007 and 2012
The starting salaries for graduate jobs has declined as the economic downturn bites. The average starting salary for graduates in professional employment dropped by 11%, from £24,293 to £21,701 in real terms between 2007 and 2012. Only two subject areas – Materials Technology, and Librarianship & Information Management – showed an increase in starting salaries, … Continue reading
UK – 26,000 Public service job could be cut union warns
With the impending release of the commission of audit and federal budget, job cuts in the public service could total more than 26,000 over the next three years, according to the public servants’ union. Job cuts to the public service are expected to be recommended in the Commission of Audit, and possibly announced in the … Continue reading
UK – Talent mismatch costs more than £1bn to employers
Businesses from all the major economies, including the UK, are losing billions of pounds through recruitment errors. This is mainly caused by employees’ inability to adapt and retrain for new roles and industries. PwC and LinkedIn released the study, Adapt to Survive, this week. It looks at a profile of 277 million professionals and 2,600 … Continue reading
Future Care Workforce in UK – To add 1 million workers by 2025
The Future Care Workforce reviews the state of the adult social care workforce and how it may have to evolve to meet the challenges it is likely to face over the coming decade. This report was supported by Anchor. This report finds that the adult social care sector in England will need to add approximately … Continue reading
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