Job Market Monitor
UK
UK / Business Leaders for Flexible working: the Agile Future Forum
If implemented successfully by business leaders, workforce agility can offer sustainable business performance and engaged employees Continue reading
British Army / Redundancy notices send to 4,480 soldiers as campaign for 10,000 new recruits is launched
More than 4,000 soldiers have been axed in the latest round of defence job cuts. The Ministry of Defence today announced 4,480 redundancy letters have been sent to troops under plans to cut the number of regulars to 82,000 by 2018. But the government was accused of a ‘failed strategy’ as it launched a recruitment … Continue reading
UK / Grads job search starting earlier than ever
Forty-one per cent of finalists said they made at least one job application to a graduate employer almost a year before graduation, according to a poll of more than 18,000 students at 30 UK universities by High Fliers Research, published on 13 June. That compares to the 37 per cent who applied early – in … Continue reading
UK / Employment rate among migrant men higher than for Brits
FOREIGN workers have done better out of the recession than British men, a study has found. Despite a drop in overall employment, male migrants in the UK have enjoyed higher levels of work than “native-born men” since 2007, according to a leading thinktank. The trend has reversed a pre-crisis shortfall in employment and migrants are … Continue reading
UK / Student interns three times more likely to get at least one definite job offer
Research shows that some 36 per cent of students completing a work experience placement had received at least one definite job offer by the Easter of their final year compared with just 11 per cent of other undergraduates. Experts warned that work experience was “no longer an option extra” for universities and had increasingly become … Continue reading
UK / A never seen recession: Employment has stayed remarkably, high productivity – output per worker – has dived
We have all grown used to the fact that the past few years have been different from any previous period in the last century. Output has stayed lower for longer than in any previous recession: in 2013, real national income is still lower than it was in 2007. This of course has driven public borrowing … Continue reading
UK / The unemployment rate unchanged, 65 and over in employment has reached 1 million for the first time
The employment rate for those aged from 16 to 64 for February to April 2013 was 71.5%, down 0.1 percentage points from November 2012 to January 2013. There were 29.76 million people in employment aged 16 and over, up 24,000 from November 2012 to January 2013. The unemployment rate for February to April 2013 was … Continue reading
UK / Jobs Gap filled for women, but not for men
The number of women in employment since 2008 has increased by more than a quarter of a million, a 1.2pc net rise, while the number of men in work has dropped by 70,000, a 0.4pc net fall, a study of official labour market data has shown. The analysis by The Jobs Economist, an employment consultancy … Continue reading
UK / 67% of working mothers believed having children has hindered their progress at work
Employers are being warned they are wasting talent after research highlighted career progress is being hindered for more than two-thirds of women who return to work after having a child. Women who return to work after having children feel they are being held back in their careers. Research by banking group Santander has found 67% … Continue reading
UK / Apprenticeships attract 11 applications per vacancy which are at a record level
A record 11 applications are being made for each apprenticeship vacancy in the UK, the latest official data suggests. Almost 370,000 applications were submitted between February and April, while 32,600 vacancies were advertised in the same period. But competition was as high as 17 per place in the arts, media and ICT. The National Apprenticeship … Continue reading
UK / Banks employment to 9yr low
Britain’s four biggest banks will have cut a quarter of their staff worldwide by the end of this year from peak staffing levels of 2008. Thousands of jobs are targeted as British banks centered in LIBOR rigging and insurance mis-selling scandals continue to cut costs. Royal Bank of Scotland, HSBC, Lloyds and Barclays will employ … Continue reading
The UK ‘Jobs Gap’ / More than 800,000
The UK is more than 800,000 jobs short of the amount it would need to restore employment rates to those seen before the recession, a study from independent think tank the Resolution Foundation has found. While the number of people in employment had climbed by 160,000 since 2008 to nearly 30 million, this positive news … Continue reading
UK / Stress and presenteeism sapping productivity
A rise in presenteeism is affecting productivity levels at work, as nearly two in three employees have attended work while feeling ill in 2013. According to the research from business psychology company Robertson Cooper, productivity levels for employees who feel ill drops from 75% on ‘normal days’ to 55% on ‘sick days’. The study also … Continue reading
UK / venture capital trusts create thousands of jobs research finds
A survey of companies that have been funded by venture capital trusts (VCTs) has found that they have created 14,000 new jobs since receiving the investment. The Association of Investment Companies (AIC) heard from 271 such businesses, which reported that their combined workforces have swelled from 23,643 at the time of the VCT injection to … Continue reading
UK / One in five retiring in 2013 in poverty
Study by Prudential finds many people are facing a bleak financial outlook, with 14% relying solely on state pension One in five people retiring in Britain in 2013 will fall below the income poverty line according to a study by Prudential, which also found that nearly a quarter of women will enter retirement entirely dependent … Continue reading
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