Job Market Monitor
United Kingdom
UK – Employees aged 21 in 1995 earned 40% more after adjusting for inflation by the age of 39 than those aged 21 in 1975 did up to the age of 39
The report UK Wages Over the Past Four Decades – 2014 by ONS looks at changes in earnings in the UK over the past forty years. It makes use of distributional and cohort analysis to assess the impact of the recession on real earnings as well as looking at the impact of the introduction of the national … Continue reading
UK – Household incomes fall by 13% for those aged 22-30 finds the Institute of Fiscal Studies
People aged 22-30 saw their household incomes fall by 13% between 2007 and 2013, while those between 31 and 59 saw a 7% drop, according to the Institute of Fiscal Studies (IFS). Employment prospects for the under-30s were also hit harder. Living standards are set to be a key issue in the run-up to next … Continue reading
Welfare in UK – Compulsory treatment for depression would come
Hundreds of thousands of benefit claimants face being stripped of their state allowances if they refuse to undergo treatment for anxiety and depression, under radical plans being drawn up by ministers. Existing welfare rules mean it is not possible to require claimants to have treatment, such as therapy or counselling, as a condition of receiving … Continue reading
Car Industry in UK – 44,000 more jobs to 750,000
Britain’s booming automotive industry now employs three quarters of a million people after adding 44,000 jobs last year. Investment by manufacturers, demand for new models and companies in the supply chain bringing work home – known as “reshoring” – helped drive the increase, according to the data from trade body the Society of Motor Manufacturers … Continue reading
UK – Workplace bullying is on the rise study finds
This will come as little surprise: survey after survey have pointed that workplace bullying is on the rise. A VitalSmarts report released earlier this week found that 96% of their respondents – out of 2,283 people – experienced workplace bullying. Psychology Today refers to the increase as ‘silent epidemic’. Since 2003, 26 states have introduced … Continue reading
IT Skills Gap in UK – It continues to increase says Roger Keenan
Worryingly, City Lifeline research has shown this may just be the start of the problem. Almost a third of UK senior IT personnel believe IT equipment has become more complex than five years ago. Its likely this trend will continue and could have a huge impact on the technology industry in this country. The gap … Continue reading
UK – An additional 8.7 million want to work flexibly right now
Flexible working is now an everyday part of life in Britain. 8 million people work part time (30 hours a week or less) and around 4 million usually work from home. For the first time, Timewise can reveal that an additional 8.7 million UK-based full time workers want to work flexibly right now (whether part … Continue reading
Job Search in UK – Applicants do not have to disclose minor offences
The Supreme Court has ruled that forcing job applicants to disclose minor crimes as part of background checks is a breach of their human rights. The ruling is related to the case of a man, identified only as “T” in court, who was denied employment at a football club and later a place at university … Continue reading
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
UK – Number of employed rose by a record 345,000, to 30.5 million, most of which are in full-time employment
Comparing February to April 2014 with November 2013 to January 2014, there was a large increase in employment and a large fall in unemployment. There was a further fall in the number of economically inactive people aged from 16 to 64. These changes continue the general direction of movement over the past two years.There were … 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
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