Job Market Monitor
United Kingdom
Job Polarisation in UK – The last two decades
The Resolution Foundation’s report on job polarisation looked at the shift in jobs based on wage distribution. Rather than grouping jobs by a skill classification, they ranked them on the basis of mean hourly pay at the start of the period, then mapped the change over time. This gives something that looks a bit more hourglassy, with … Continue reading
UK – 15.9% of households where no adults work
The percentage of households where no adults work was 15.9%, down 1.4 percentage points from a year earlier and the largest fall since comparable records began. The percentage of households where all adults work was 55.3%, up 1.5 percentage points from a year earlier. Of the regions in England and countries of the UK, the … Continue reading
UK – More workers trapped in minimum wage jobs
A growing number of employees are trapped in minimum wage jobs, according to a report that illustrates the hollowing out of Britain’s labour market. One in 20 employees earned only the minimum wage in 2013, the highest proportion since its introduction, according to the Resolution Foundation, a think-tank. It also highlights the “shadow effect” of … Continue reading
UK – One in three employees report that their career progression to date has failed to meet their expectations finds CIPD
One in three employees (33%) report that their career progression to date has failed to meet their expectations, according to the latest CIPD/Halogen Employee Outlook survey. The survey of over 2,500 employees published by the CIPD, the professional body for HR and people development, in partnership with Halogen Software, also found that more than a … Continue reading
Skills Gap in UK – Young people lack appropriate work behaviour and time management skills says report
The report ‘Improving Employability in the UK’, found that young people lack appropriate work behaviour and time management skills. 57% of SMEs had concerns they would use their mobile phones at work and 46% worried they wouldn’t be punctual. Apprentice star Karren Brady, who chairs the LifeSkills Advisory Council, launched the report, which calls on … Continue reading
Careers Guidance in STEM in UK – More than half of 14 to 16-year-olds interested knew very little about these jobs
While enthusiasm for science, technology, engineering and maths, remains high among school pupils, lack of careers guidance means few young people continue into industry. Britain is facing a skills “crisis” as not enough is being done to encourage young people into STEM related careers, despite there being enthusiasm for the subjects, according to new research. … Continue reading
UK – Long-term unemployed shouldn’t be treated as a different category when assessing the level of slack in the labour market research finds
The extent of labor market slack in the UK economy is an ongoing question given the recent unexpectedly rapid fall in the unemployment rate. In the latest data release for February–April, which is referred to as March 2014, it was 6.6 percent, down from 7.9 percent in May 2010 and 7.8 percent in March 2013. … Continue reading
Skills Gap in UK – Asking for help still stigmatized
There is still a stigma around asking for help to develop skills in the workplace, according to National Consortium of Colleges and Providers (NCCP) chairman Harvey Young.Young is spearheading the campaign For Business, For Life in an attempt to secure £50 million worth of training from the EU’s European Social fund. The UK government has … Continue reading
UK – Two thirds of parents do not feel the education system prepares their children for work
Two thirds of parents do not feel the education system prepares their children for work, according to a new survey. A poll of more than 3,500 adults by vocational body City & Guilds, published today, also finds 64 per cent do not believe children are being provided with what employers want, such as communication and … Continue reading
A Career in Finance – For school leavers ?
What advice would you give to a school leaver interested in a career in finance who is unsure of whether or not to go to university? There are a lot of routes into a career in finance and a degree is just one of them. It’s certainly no longer the only option. Many of the … Continue reading
UK – Royal Mail Hiring 19,000 Seasonal Workers for Christmas
UK postal giant Royal Mail plans to hire around 19,000 seasonal workers to help sort its Christmas mailbag. The employer, which was privatised in late 2013, said temporary positions across a variety of shifts will be available between mid-November and early January 2015 and that the peak of the additional temporary work will be in … Continue reading
People and Households Without a Private Pension in Great Britain: 45% of men and 49% of women
Key points For those below retirement age, 45% of men and 49% of women in Great Britain did not have any private pension savings in 2010-2012. 95% of men and women working in Accommodation and food service industries did not pay into a private pension in the UK in 2012. In ‘Public administration, defence and … Continue reading
Annual estimates of employees in UK – London has shown the largest increase of all regions
This statistical bulletin focuses on the strengths of [Business Register and Employment Survey (BRES) 2013], giving employee estimates by region level and below and by broad industry group and below. There is also a section that focuses on London and a section that looks at public/private estimates of employees. 70% of all local authority districts … Continue reading
Ageism in Finance in UK – One in four professionals experiences it
One-quarter of finance professionals have either experienced or witnessed agediscrimination at work, according to research by eFinancialCareers. The eFinancialCareers Diversity Survey is based on a poll of 1,500 workers from the finance sector. It suggests exactly one-third of employees between 41 and 50-years-old have been discouraged from applying for a role on the grounds of … Continue reading
UK May to July 2014 Job Report – Employment continued to rise
Key Points for May to July 2014 Comparing the estimates for May to July 2014 with those for February to April 2014, employment continued to rise and unemployment continued to fall. These changes continue the general direction of movement since late 2011/early 2012. There were 30.61 million people in work. This was 74,000 more than … Continue reading
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