Job Market Monitor
UK
UK / Poll shows public support Living Wage as minimum wage standard,even if it costs jobs
The Living Wage has been one of the key tenets of Ed Miliband’s leadership of the Labour Party, and was one of his keynote policies during the leadership contest. But Miliband has always argued that the Living Wage should be different from the minimum wage – and the Resolution Foundation/IPPR agreed. I still thought that … Continue reading
UK / Unemployment falls to 2.5m
UK unemployment fell in the three months to December, while the number of people in work jumped to a new record. The jobless total fell by 14,000 between October and December to 2.5 million, the Office for National Statistics (ONS) said. The number in work rose by 154,000 to 29.7 million. More than 580,000 more … Continue reading
UK / 1 in 7 employees in work at the start of the recession have been made redundant
We get the latest official snapshot of the UK jobs market today. Whatever the figures show they can’t disguise the hard time many people are having, exemplified by yesterday’s news that 1,700 jobseekers applied for eight jobs on offer at a branch of Costa Coffee in Nottingham. The pain felt in recent years is also … Continue reading
HMV / 464 Jobs cut due to 37 stores closure
Troubled entertainment retailer HMV is to close another 37 stores with the loss of 464 more jobs, according to the administrators. Joint administrator Nick Edwards said: “As part of our ongoing review of HMV’s financial position, we have undertaken a further review of the store portfolio and have identified an additional 37 stores for closure. … Continue reading
UK Parliament / Flexible Working
The Children and Families Bill would provide new entitlements for employees relating to the right to request flexible working. Provisions include, but are not limited to: Clauses 101-102 make changes to the circumstances in which an employee can make a request for flexible working, and to the procedure which employers must follow on receipt of … Continue reading
UK / An explosion in poverty-related hunger
An explosion in poverty-related hunger in Britain is putting the government in danger of failing to meet its international human rights obligations to its most vulnerable citizens, charities have warned. The UK is a signatory to a UN economic and social rights convention that sets out minimum standards of access to food, clothing and housing. … Continue reading
UK / Back-to-work scheme, Genesis scheme created less than 800 jobs
Fewer than 800 people found jobs through a failed Welsh government back-to-work scheme, BBC Wales can reveal. It was hoped Genesis Cymru Wales 2 would help 20,000 people find work or get qualifications. But only around half that number took part and just 7% of them found work. Opposition assembly members say lessons need to … Continue reading
UK / The ‘living standards crisis’
Britain faces a ‘living standards crisis’ as it was revealed that millions of families will never regain the losses they sustained during the financial crisis and recession. Average earnings have sunk to the level they were at 10 years ago as workers are squeezed by a toxic combination of pay freezes and hikes in the … Continue reading
Solving youth unemployment – A winning essay
Max Kirby, who says there’s never been a better time to be young, has won £10,000 for penning his thoughts on ways to reduce unemployment. Here is his winning essay. One in five young adults in Britain is unemployed, more than twice the rate for the workforce as a whole. And (temporarily, I hope) I … Continue reading
UK / Self-Employment, the fastest growing sector since the Financial Crisis
The number of self-employed people in Britain has shot up by 367,000 since the financial crisis, according to official figures, becoming the fastest growing sector in the labour market and masking a fall in the number of employees, as many were forced to make their own way because of the global downturn. In recent months, … Continue reading
UK / Worst time for young people?
Rising wages and low house prices helped the baby boom generation to prosper. Today’s young face high unemployment, expensive education, and a lifetime of renting. Have they never had it so bad? Let’s take a typical 24-year-old everyperson. This person lives in Nottingham. There’s a one-bedroom flat they want but it costs £120,000. You need … Continue reading
UK / 150 jobs to go at IPC Media
the UK division, the magazine giant IPC Media, must cut 150 jobs, which amounts to 8% of the total. The publisher of Britain’s best-known consumer magazines, such as Marie Claire, Ideal Home, Woman, Woman’s Own, In Style and Now, said the cuts would be accompanied by “organisational changes.” There will also be sweeping changes to … Continue reading
UK / Skills Gap / Companies complain about hurdles faced by Chinese workers
The EEF, the manufacturing body, said UK employers are leaving job vacancies unfilled for weeks – sometimes months – because they cannot easily get hold of skilled workers from China and other non-EU countries to plug UK gaps. Companies complain that skills shortages hold back growth, with firms looking abroad to fill gaps in technology, … Continue reading
UK / Youth Unemployment / Labour councils vs Stalin-esque ministers
The harsh reality is government programmes are failing. In fact, fewer than 6,000 young people have been helped into sustained jobs: that’s just 3.4% of young people on the Work Programme. The Youth Contract, launched with much fanfare by the deputy prime minister last year, is working so well that the government has decided to … Continue reading
UK / Rolls-Royce: Nearly 400 workers at risk
Aerospace firm Rolls-Royce has said it is in consultation with unions over job cuts at one of its plants, after a trade union said nearly 400 workers are at risk. Unite reported earlier today that Rolls-Royce had sent an internal memo to its staff to detail its proposals. The plan puts 378 jobs at risk … Continue reading
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