Job Market Monitor
UK
UK | Skills gap continues to plague manufacturers
Staffing problems are driven by candidates’ lack of technical skills and experience, as well as a lack of applicants for jobs, according to the study by the manufacturers’ body, published on Monday. Employers are being “proactive” towards addressing skills gaps by developing links with schools and colleges, increasing investment in quality apprenticeships and pumping more … Continue reading
From UK To China | Syfer Technology threatens jobs in Norfolk
A high-tech electronics components company in Norfolk is planning to set up a manufacturing base in China, putting 120 jobs at risk. Syfer Technology, of Arminghall, said exports, especially to the Far East, helped it expand and it wanted to be near markets and suppliers. The firm was bought by American company Dover Corporation in … Continue reading
UK | Brain Drain | Almost half of those who emigrate are professionals and company managers
Almost half of all Britons who emigrate each year are professionals and company managers, potentially threatening the country’s supply of highly skilled workers, research for the Home Office found. The attractions of a better lifestyle and climate, as well as career opportunities, meant a “large and increasing” number of executives, scientists, academics and doctors have … Continue reading
UK – Comet – Staff offered Christmas jobs by Dixons
The electrical chain Dixons is offering Christmas jobs to hundreds of Comet staff who face redundancy because their firm is insolvent. The administrators, appointed last week, are keeping the Comet stores open in the hope of finding a buyer. But the outlook for the 7,000 staff is bleak and they all face potential redundancy. Sebastian … Continue reading
UK – Maltby Colliery – 500 jobs at risk
Maltby Colliery – one of the south Yorkshire pits that saw picketing violence during the 1980s miners’ strike and one of the UK’s last remaining deep coal mines – is to be mothballed by its owner, industrial materials group Hargreaves Services. The move, which puts 500 jobs at the 100-year-old pit at risk, comes after … Continue reading
Brit Grads – 40% failing to get graduate-calibre posts
Britain’s graduates face an increasingly challenging jobs market, with 40% failing to get graduate-calibre posts more than two years after leaving education, around twice the proportion of their peers a decade earlier, according to a study of recent ex-students’ career paths. Overall, the vaunted graduate salary premium, a key argument in persuading would-be students to … Continue reading
UK – DPD – 10 new depots creating 15,000 jobs
UK parcel firm DPD is to invest £175m to expand its capacity, creating 10 new depots, one new parcel sorting hub and creating 15,000 jobs in response to the online retail boom. The parcel firm plans to spend £100m on a new parcel sorting hub in the East Midlands in addition to refurbishing two of … Continue reading
London – Financial sector to cut 13,000 jobs in 2013
London’s financial sector will lay off 13,000 staff in 2013, cutting employment in a key UK economic sector to a 20-year low, as job vacancies also drop in Europe and even Asia, studies showed. Financial firms in Europe’s biggest financial center have laid off more than 100,000 employees since a market peak in 2007, driven … Continue reading
America’s jobs nightmare – A UK view
There is an intriguing contrast between the US and UK economies. British GDP remains substantially smaller than it was at its peak but employment has bounced back, helped by lower real wages and a growth in part-time jobs. The US economy has more than caught up all of its lost output and is now bigger … Continue reading
UK – Comet – 6,000 layoffs ?
More than 6,000 jobs are at risk as the troubled high-street electricals chain Comet teeters on the edge of administration. Comet, the UK’s second largest electrical specialist after Dixons, has struggled to make headway as supermarkets and online retailers such as Amazon targeted the cut-throatmarket, and could go into administration as soon as Thursday. It … Continue reading
UK – Job programme – Almost 1 in 2 employer is unaware
More than a year after the introduction of the government’s ambitious Work Programme, the CIPD warns today that it needs to build on the scheme’s early progress by increasing awareness and understanding of the scheme amongst employers. In a survey of more than 1,000 employers, drawn from all three main sectors of the economy, the … Continue reading
UK – Jobs in energy sector continue to grow
Engineering graduates will be pleased to learn that jobs and investment in the UK power and gas sector experienced strong growth between 2007 and 2011, with results for 2012 expected to be similarly positive. That’s according to the recently released 2012 Powering the UK report, compiled by Ernst & Young on behalf of Energy UK. … Continue reading
UK – Royal Mail’s investment – 1,000 jobs
ROYAL Mail has announced a £75million investment programme for its UK express parcels business, creating 1,000 jobs. The expansion is part of its strategy to grow in the UK and overseas. In the last reported financial year, its parcels businesses accounted for almost half of the group’s revenues, excluding the Post Office, and online retailing … Continue reading
UK – 1/4 of British babies are children of immigrants
There were 808,000 births in the UK last year, of which 196,000 were children born to non-UK born women – or 24 per cent. Data from the Office for National Statistics (ONS) shows there has been a steady increase in the number of children born to mothers who were born abroad since 2001, when the … Continue reading
UK – Unemployment has fallen and it will rise again soon
The most unexpected figures recently were the big drops in the UK’s headline unemployment number and rate. However, the way the Office for National Statistics (ONS) reports the numbers – as three-month rolling averages – doesn’t really help us understand what is happening. It turns out that this occurs because of concerns about the variability … Continue reading
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