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Socially Most Trending News

....Russian girls view Stem far more positively, with their interest starting earlier and lasting longer, says Julian Lambertin, managing director at KRC Research, the firm that oversaw the Microsoft interviews. "Most of the girls we talked to from other countries had a slightly playful approach to Stem, whereas in Russia, even the very youngest were extremely focused on the fact that their future employment opportunities were more likely to be rooted in Stem subjects. ... [Read full article on BBC ]
Thursday 20th of April 2017 11:17:03 PM
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....London's young demographic, high cost of living and concentration of "higher-skilled work" creates a culture of longer hours, according to Prof Ronald McQuaid. The professor of work and employment at the University of Stirling told the BBC: "Certain industries, such as financial services, typically work longer hours and there's a high concentration of these in London. ... [Read full article on BBC ]
Tuesday 18th of April 2017 02:14:56 AM
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....Innovation in artificial intelligence and robotics could force governments to legislate for quotas of human workers, upend traditional working practices and pose novel dilemmas for insuring driverless cars, according to a report by the International Bar Association. The survey, which suggests that a third of graduate level jobs around the world may eventually be replaced by machines or software, warns that legal frameworks regulating employment and safety are becoming rapidly outdated. ... [Read full article on Guardian ]
Tuesday 4th of April 2017 12:00:36 AM
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....The most they tend to offer is more economic growth: the fairy dust supposed to make all the bad stuff disappear. Never mind that it drives ecological destruction; that it has failed to relieve structural unemployment or soaring inequality; that, in some recent years, almost all the increment in incomes has been harvested by the top 1%. ... [Read full article on Guardian ]
Wednesday 12th of April 2017 05:00:26 AM
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...."United's management and the board take recent events extremely seriously and are in the process of developing targeted compensation program design adjustments to ensure that employees' incentive opportunities for 2017 are directly and meaningfully tied to progress in improving the customer experience," the filing said. It said a prior employment agreement with Mr Munoz had been reversed, so he would not become chairman of the board in 2018. ... [Read full article on BBC ]
Saturday 22nd of April 2017 01:29:14 AM
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.... . Crowley Woodford, an employment partner at law firm Ashurst, said to expect "fireworks" of publicity for the first employers which reveal data. ... [Read full article on BBC ]
Wednesday 5th of April 2017 10:57:09 PM
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...."The Forties Pipeline System is a UK strategic asset and was originally designed to work together to feed the Grangemouth refinery and petrochemical facilities. "We have a strong track record of acquiring non-core assets and improving their efficiency and reliability, securing long-term employment and investment. ... [Read full article on BBC ]
Monday 3rd of April 2017 08:37:47 AM
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.... The mayor of Portland, Ted Wheeler, saw it differently: “I am very concerned that Uber may have purposefully worked to thwart the city’s job to protect the public,” he told the Times. Uber has also fought hard against giving drivers, who are categorized as contractors, employment rights such as minimum wage, holiday and sick pay. ... [Read full article on Guardian ]
Wednesday 12th of April 2017 03:19:57 PM
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....He said the government should recognise that creative industries "will be as important to future economic success as traditional industries, such as cars or oil and gas". Among its other recommendations are campaigns to increase diversity in employment in the sector and advice for start-ups on exporting. ... [Read full article on BBC ]
Saturday 15th of April 2017 02:53:13 AM
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....6bn contract represented a “disciplined” bid, and that the operator would be compensated should Brexit lead to economic decline. The terms of the deal will reduce payments should GDP and employment in London fall. ... [Read full article on Guardian ]
Monday 27th of March 2017 07:52:43 AM
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. The UK unemployment rate has remained at 4. ... [Read full article on BBC ]
Wednesday 12th of April 2017 08:39:51 AM
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....Managers at Deliveroo have been given a list of dos and don’ts setting out how to talk to the firm’s food delivery riders, using terms that appear designed to fend off claims that they are employees. In a six-page document seen by the Guardian, Deliveroo says its couriers, who deliver takeaways, should always be referred to as “independent suppliers” – self-employed workers with few employment rights – rather than as employees, workers, staff or team members. ... [Read full article on Guardian ]
Wednesday 5th of April 2017 05:00:17 PM
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....As Brian Davidson of the US’s Fathom consultancy has pointed out, the Chinese leadership is keen to avoid the social and political unrest a trade war with the US would inevitably bring. Beijing’s willingness to pump the economy full of credit to finance unprofitable investment demonstrates its determination to avoid a sharp rise in unemployment. ... [Read full article on Guardian ]
Sunday 9th of April 2017 06:00:00 AM
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.... Its drivers have been physically attacked in Paris, where two of its most senior European executives were also put on trial on charges of running an illegal transport service. Courts in France, Germany, Italy, Spain, Belgium and the Netherlands have banned Uber’s low-cost UberPop service, which uses non-professional drivers, while an employment tribunal in London ruled its licensed drivers should be classed as workers with access to the minimum wage, sick pay and paid holidays. ... [Read full article on Guardian ]
Tuesday 28th of March 2017 01:36:28 PM
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.... . Among other points, the think tank has argued a shorter working week would lower unemployment by redistributing paid and unpaid work more evenly across the population. ... [Read full article on BBC ]
Sunday 2nd of April 2017 10:45:25 AM
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....“Productivity growth drove wage growth which fueled demand growth. That promoted full employment, which provided the incentive to invest, which drove further productivity growth,” he says. ... [Read full article on Guardian ]
Sunday 26th of March 2017 01:23:10 PM
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.... It is also being levied on the public sector, which can ill afford it. Most apprenticeships on offer now add little by way of an employment premium for the apprentice, while employers are reluctant to teach transferable skills for fear of losing their investment. ... [Read full article on Guardian ]
Monday 17th of April 2017 05:43:05 PM
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....When both policies were introduced business groups raised fears that the extra burden would lead to job losses. Yet, in a report last year, the Low Pay Commission said that there was "no clear evidence" of an impact on employment. ... [Read full article on BBC ]
Friday 31st of March 2017 09:17:02 PM
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.... They are not paying sick leave, national living wage, or contributing to pensions. Yet it seems likely that their employment practices will lead more people to need taxpayers to pick up these costs. ... [Read full article on Guardian ]
Thursday 6th of April 2017 06:01:33 AM
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....Looking back, the spring of 2015 was the perfect time for David Cameron to fight a general election. Tumbling oil prices had left inflation at zero and after a couple of years of falling unemployment, annual wage growth was nudging 3%. ... [Read full article on Guardian ]
Wednesday 12th of April 2017 12:49:39 PM
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.... Then 'a light would come on' and she’d step back. In 2013, Cameron stripped workers of the right to access the employment tribunal system. ... [Read full article on Guardian ]
Tuesday 28th of March 2017 05:00:19 AM
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. A group of Deliveroo couriers is planning legal action against the food delivery firm to claim better employment rights including the minimum wage, sick pay and holiday. ... [Read full article on Guardian ]
Monday 27th of March 2017 04:37:56 PM
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....33. The highest employment rate was 83% among eight central and eastern European countries that joined the EU in 2004, as well as Romania and Bulgaria, while the rate for non-EU nationals was 62%. ... [Read full article on BBC ]
Wednesday 12th of April 2017 06:19:18 PM
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....And that’s only in the last four months. Earlier in her tenure at Uber, Whetstone, who has a formidable reputation in both Silicon Valley and Westminster, dealt with a major class action suit over Uber drivers’ employment status and a dustup over autonomous vehicle permits in San Francisco, where the company refused to take its self-driving vehicles off the roads, even after they were caught running red lights. ... [Read full article on Guardian ]
Friday 14th of April 2017 07:00:27 AM
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.... Unite represents more than 110 workers, including engineering and technical staff, at Weetabix’s UK plants in Burton Latimer and Corby. “We want to work constructively with the new management team to ensure the success of the iconic Weetabix brand and to safeguard the future employment for our hardworking and dedicated members,” said Sally Mortimer, regional officer for Unite. ... [Read full article on Guardian ]
Tuesday 18th of April 2017 07:27:27 AM
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....But the IPPR said its analysis of official figures suggested a disproportionate amount of investment would be stimulated in London and the south-east, where there was a relatively high number of big employers. Those areas have 38% of the UK’s large businesses that would be targeted by the levy, but higher levels of employment and only 27% of the population, IPPR’s research found. ... [Read full article on Guardian ]
Sunday 26th of March 2017 11:01:43 PM
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....". Verity O'Keefe, senior employment and skills policy adviser at EEF, which represents manufacturers, said flaws in the UK's new rules also needed to be addressed. ... [Read full article on BBC ]
Wednesday 5th of April 2017 01:25:35 PM
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....Fitch said it expected US real interest rates to increase to levels that were more closely aligned with the country’s economic growth potential, taking them close to pre-crisis levels. “With the Fed having now achieved its inflation and employment objectives, becoming more focused on the risk of labour market tightening and starting to discuss the unwinding of its balance sheet, we expect interest rate normalisation will take place by 2020 and that the Fed Funds rate will reach 3. ... [Read full article on Guardian ]
Thursday 6th of April 2017 02:30:06 PM
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.... James said new FCA rules, including the requirement to have an internal whistleblowing champion since last September, had contributed to the surge in interest. However, one employment lawyer said Barclays’ refusal to sack Staley undermined its approach to whistleblowers. ... [Read full article on Guardian ]
Tuesday 11th of April 2017 11:59:31 AM
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....9% on average last year. But the news comes as the ratings agency Moody’s warned an increasing number of borrowers have fallen behind on their mortgage and car repayments, saying more borrowers are set to join them amid rising underemployment, record-low wages growth and a more difficult housing market. ... [Read full article on Guardian ]
Monday 3rd of April 2017 03:08:56 AM
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Latest Finance News related to Employment

Reacting to technological threats isn't enough – we need to plan for them | Michael Boskin image
.... Many fear that artificial intelligence will bring further dislocation, though the situation may not be as dire as some expect. In the 1960s and early 1970s, many believed that computers and automation would lead to widespread structural unemployment. ...
I want to put coaching at the heart of my work – how can I do that? image
Source : Guardian [Read Article] Monday 24th of April 2017 06:00:04 AM
.... I know I’m good at it. Should I offer my services as an independent coach, or seek employment with an organisation offering coaching as part of my wider management and teaching skillset?. ...
Working mothers face pay and childcare challenges, reports find image
Source : Guardian [Read Article] Saturday 22nd of April 2017 09:01:27 PM
....This situation is also common for women on higher hourly rates when they live in high-cost areas like London. The IPPR said the capital had the lowest maternal employment rate in the country and urged mayor Sadiq Khan to lobby the government for extra subsidies to plough back into childcare facilities. ...
HS2 is on its way but bid troubles and snap election could still derail project image
....75bn – a prime target for manufacturers in this country, perhaps to maintain the future of the Bombardier factory in Derby or expand the scope of Hitachi’s assembly plant in County Durham. Grayling said this contract alone would create 300 jobs and “leave a legacy for this country, boosting skills, generating employment and strengthening the manufacturing supply chain”. ...
As more buy clothes online, Walmart eyes a piece of the action image
Source : Guardian [Read Article] Saturday 22nd of April 2017 11:00:12 AM
....Since October, more than 89,000 retail positions have been lost. According to some estimates, the sector is on track to lose more stores this year than during the great recession of 2008, its problems accelerating even as a consumer confidence is high and unemployment low, suggesting the changes are systemic and not cyclical. ...
United Airlines to tie executive pay to customer satisfaction image
Source : BBC [Read Article] Saturday 22nd of April 2017 01:29:14 AM
...."United's management and the board take recent events extremely seriously and are in the process of developing targeted compensation program design adjustments to ensure that employees' incentive opportunities for 2017 are directly and meaningfully tied to progress in improving the customer experience," the filing said. It said a prior employment agreement with Mr Munoz had been reversed, so he would not become chairman of the board in 2018. ...
Growth in unpaid full-time internships raises fears for social mobility image
....However, the Institute of Directors, which represents company bosses, warned against forcing employers to pay interns. Seamus Nevin, head of employment and skills at the lobby group, said the IoD encourages firms to pay interns “appropriately”. ...
UK retail surge since Brexit vote comes to an end image
Source : Guardian [Read Article] Friday 21st of April 2017 01:11:30 PM
.... Inflation has caught up with pay growth, so real incomes of workers are no longer rising. Employment growth has also slowed sharply over the past six months, even though unemployment remains historically low. ...
Russia's secret image
Source : BBC [Read Article] Thursday 20th of April 2017 11:17:03 PM
....Russian girls view Stem far more positively, with their interest starting earlier and lasting longer, says Julian Lambertin, managing director at KRC Research, the firm that oversaw the Microsoft interviews. "Most of the girls we talked to from other countries had a slightly playful approach to Stem, whereas in Russia, even the very youngest were extremely focused on the fact that their future employment opportunities were more likely to be rooted in Stem subjects. ...
The Guardian view on the IMF: a global institution in an age of protection | Editorial image
.... Financial markets look more stable. The US is running at full employment, China is expanding strongly, and the eurozone is going through one of its better periods. ...
Presidential challenge image
Source : BBC [Read Article] Thursday 20th of April 2017 03:10:40 PM
EU toughens Brexit stance and demands UK pay liabilities in euros image
Source : Guardian [Read Article] Thursday 20th of April 2017 02:37:31 PM
....The EU also plans to push for its workers in Britain to enjoy the full range of current rights for the whole of their lifetimes, enforced by the European court of justice. Key European social and employment rules would also be extended to family members of foreign workers who come to the UK even after the country’s withdrawal from the bloc. ...
'It was like the tap turned off on job applications': SMEs post Brexit vote image
....The development is being keenly felt in the hospitality sector where entrepreneurs such as Sarah Heward are reliant on EU staff. The Real Food Café she owns in Tyndrum on the West Highland Way in Stirling is popular with tourists and offers more employment than can be met by the local population. ...
IMF shifts from dismal to pessimistic, but has a sharper message about inequality | Greg Jericho image
....Looking out to 2022 (which is so far off, that admittedly it is of limited worth), the IMF sees Australia’s growth rarely going above the long-term average of 3%:. The IMF however does predict the unemployment rate will fall below 5% – a much more optimistic outlook than it has had for the past two years:. ...
Weetabix sold to US firm after breakfast cereal fails to catch on in China image
.... Unite represents more than 110 workers, including engineering and technical staff, at Weetabix’s UK plants in Burton Latimer and Corby. “We want to work constructively with the new management team to ensure the success of the iconic Weetabix brand and to safeguard the future employment for our hardworking and dedicated members,” said Sally Mortimer, regional officer for Unite. ...
Mayoral candidate pledges free childcare for Liverpool parents image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:00:21 AM
....The WEP said it would fund the £100m plans through a combination of the Liverpool City Region single investment fund – £30m a year for the next 30 years (a total of £900m) to be used “to unlock the economic potential” of the region – pilot project funding from central government, local businesses and six local authorities. Party officials say the proposals would give the tens of thousands of Liverpool women who currently care for their children at home but would prefer to work, the chance to go into paid employment. ...
The gig economy 'slashies' risk burnout image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:00:21 AM
....”. However, between self-employment and employment, a worker category has emerged. ...
Londoners work 'three weeks a year more than rest of UK' image
Source : BBC [Read Article] Tuesday 18th of April 2017 02:14:56 AM
....London's young demographic, high cost of living and concentration of "higher-skilled work" creates a culture of longer hours, according to Prof Ronald McQuaid. The professor of work and employment at the University of Stirling told the BBC: "Certain industries, such as financial services, typically work longer hours and there's a high concentration of these in London. ...
The Guardian view on apprenticeships: an invitation for employers to cheat | Editorial image
.... It is also being levied on the public sector, which can ill afford it. Most apprenticeships on offer now add little by way of an employment premium for the apprentice, while employers are reluctant to teach transferable skills for fear of losing their investment. ...
El Paso: the border city grappling with the ramifications of Trump's proposals image
.... But the city bounced back. The unemployment rate in El Paso was close to 12% when Nafta was signed in 1994 and it is now less than 5%. ...
Should you resist Lisa … out to lure you into saving for a property or retirement? image
.... “I put off pension savings as I had a family early on,” says Bryant, who has daughters aged 20 and 16. “It took me a while to get back into employment where I’d benefit from a company pension. ...
Batten down the hatches! Rising inflation and low wage growth are pinching the consumer image
....He predicts slower economic growth this year and next as consumers rein in spending and Brexit uncertainty holds back investment. There is still plenty of good news out there, with employment and vacancies at record highs, house prices holding steady, and confidence among UK small firms rising to the highest level in over a year, according to the Federation of Small Businesses. ...
Higher interest rates. Great idea. Here’s why it won’t happen image
Source : Guardian [Read Article] Saturday 15th of April 2017 04:00:06 PM
....Many Brexiters argue that quitting the European Union provides the economic reset needed to achieve a better balance, at least for the UK. A permanently lower pound could spur growth and employment, and combined with lower immigration, could lead to higher wages. ...
Trump, trade, interest and aid make for a challenging IMF summit image
Source : Guardian [Read Article] Saturday 15th of April 2017 03:00:05 PM
....The IMF and World Bank have previously sought to highlight the potential upsides to those countries receiving large numbers of immigrants and refugees. Young workers arriving in countries with low unemployment rates such as Germany can fill skills gaps and help ease long-term pressures on the state from an ageing population, for example. ...
‘Your manager’s behaviour has been inexcusable’ – our work expert responds image
.... And you say that you’re still interested. Yet in the almost seven years since you graduated, you seem to have made no serious attempt to find employment which matched that interest. ...
Industrial strategy 'must help' UK creative industries image
Source : BBC [Read Article] Saturday 15th of April 2017 02:53:13 AM
....He said the government should recognise that creative industries "will be as important to future economic success as traditional industries, such as cars or oil and gas". Among its other recommendations are campaigns to increase diversity in employment in the sector and advice for start-ups on exporting. ...
Zero-hours contracts: firms could be forced to pay more for short notice image
. Businesses who employ people on zero-hours contracts could be forced to pay a premium rate for short-notice work, the government’s employment tsar has said, in an effort to stop “lazy” employers exploiting staff. ...
Falling US retail sales cast doubt on further Fed interest rate rise image
Source : Guardian [Read Article] Friday 14th of April 2017 04:34:01 PM
....The retail sales and inflation data follow news of a sharp slowdown in job creation in the US in March as the poor weather, a government hiring freeze and a faltering retail sector all appeared to put a chill on President Donald Trump’s promise to boost hiring. But the unemployment rate declined to 4. ...
Bernard Matthews seller 'lined own pockets' by rejecting pension offer image
....Rutland Partners, which sold the Bernard Matthews assets to the multi-millionaire food tycoon Ranjit Boparan in September, declined to comment. In a letter to Field, Deloitte said that the pre-pack administration saw the transfer of more than 1,800 employees to Boparan Private Office and that with “a trading administration alternative, there would have been no guarantee of saving any employment”. ...
Hell of a ride: even a PR powerhouse couldn't get Uber on track image
Source : Guardian [Read Article] Friday 14th of April 2017 07:00:27 AM
....And that’s only in the last four months. Earlier in her tenure at Uber, Whetstone, who has a formidable reputation in both Silicon Valley and Westminster, dealt with a major class action suit over Uber drivers’ employment status and a dustup over autonomous vehicle permits in San Francisco, where the company refused to take its self-driving vehicles off the roads, even after they were caught running red lights. ...
BHS workers share £1m payout over failed redundancy process image
Source : Guardian [Read Article] Friday 14th of April 2017 06:59:27 AM
....A group of former BHS workers have altogether won up to £1m in compensation over the summary way they were made redundant when the retailer collapsed. A London employment tribunal awarded 110 employees at the firm’s head office up to 90 days’ wages after their lawyers successfully argued that the company did not conduct a proper consultation process with them ahead of their dismissal. ...
Trade agenda image
Source : BBC [Read Article] Thursday 13th of April 2017 11:17:15 PM
Is this the beginning of the end for neoliberalism? | Letters image
Source : Guardian [Read Article] Thursday 13th of April 2017 05:59:24 PM
....Your editorial on the French elections (11 April), with its encouraging mention of the rise of the higher tax and spend candidate Jean-Luc Mélenchon, failed to mention possibly his biggest electoral draw: the fact that he is a leftwing protectionist. Prior to the 2012 election, polls showed that over 80% of French across the political spectrum thought that free trade had a negative impact on employment. ...
EU migrants make up 11% of manufacturing workforce - ONS image
Source : BBC [Read Article] Wednesday 12th of April 2017 06:19:18 PM
....33. The highest employment rate was 83% among eight central and eastern European countries that joined the EU in 2004, as well as Romania and Bulgaria, while the rate for non-EU nationals was 62%. ...
How Uber conquers a city in seven steps image
Source : Guardian [Read Article] Wednesday 12th of April 2017 03:19:57 PM
.... The mayor of Portland, Ted Wheeler, saw it differently: “I am very concerned that Uber may have purposefully worked to thwart the city’s job to protect the public,” he told the Times. Uber has also fought hard against giving drivers, who are categorized as contractors, employment rights such as minimum wage, holiday and sick pay. ...
Employment is high, skills are in demand. So why is pay still not rising? | Larry Elliott image
....Looking back, the spring of 2015 was the perfect time for David Cameron to fight a general election. Tumbling oil prices had left inflation at zero and after a couple of years of falling unemployment, annual wage growth was nudging 3%. ...
Living standards in UK fall for the first time since 2014 image
Source : Guardian [Read Article] Wednesday 12th of April 2017 12:14:56 PM
....3% increase in prices. Despite a fresh fall in unemployment and record job vacancies, economists expect the squeeze on real inflation-adjusted wages to intensify over the coming months as the weak pound affects the cost of living. ...
UK needs immigration to keep service industries going, says ONS image
Source : Guardian [Read Article] Wednesday 12th of April 2017 10:50:16 AM
.... About 15% of UK nationals were employed in jobs they were deemed to be over-educated for compared with almost two in five non-UK nationals. The statisticians say one explanation for the proportion classed as over-educated is that they may have sought employment in the UK to do lower-skilled jobs in order to experience life in the UK and gain other experiences, such as learning English, rather than as a career move. ...
Sports Direct workers' representative faces 'uphill struggle' – union image
Source : Guardian [Read Article] Wednesday 12th of April 2017 08:37:03 AM
....”. The vast majority of workers at the Shirebrook depot are hired via temporary employment agencies and have fewer rights than full-time staff. ...
Finally, a breakthrough alternative to growth economics – the doughnut | George Monbiot image
....The most they tend to offer is more economic growth: the fairy dust supposed to make all the bad stuff disappear. Never mind that it drives ecological destruction; that it has failed to relieve structural unemployment or soaring inequality; that, in some recent years, almost all the increment in incomes has been harvested by the top 1%. ...
Barclays whistleblower case sparks calls for more protection image
Source : Guardian [Read Article] Tuesday 11th of April 2017 11:59:31 AM
.... James said new FCA rules, including the requirement to have an internal whistleblowing champion since last September, had contributed to the surge in interest. However, one employment lawyer said Barclays’ refusal to sack Staley undermined its approach to whistleblowers. ...
The Guardian view on productivity: Britain must solve the puzzle | Editorial image
....In 2008 or 2009, when the economy was suffering its worst recession of the postwar era, poor productivity could be seen as a price worth paying. At the time, there were justifiable fears that unemployment was on course to match the 3 million-plus levels of the early 1980s and early 1990s, but the willingness of employees to accept pay freezes and pay cuts meant there were far fewer redundancies than might have been expected. ...
America owes China $1tn. That’s a problem for Beijing, and Trump knows it image
....As Brian Davidson of the US’s Fathom consultancy has pointed out, the Chinese leadership is keen to avoid the social and political unrest a trade war with the US would inevitably bring. Beijing’s willingness to pump the economy full of credit to finance unprofitable investment demonstrates its determination to avoid a sharp rise in unemployment. ...
Greek gloom as economy stalls amid latest bout of EU wrangling image
Source : Guardian [Read Article] Saturday 8th of April 2017 03:00:05 PM
.... This year was meant to be a year of recovery – instead, the uncertainty has prompted the central bank to revise its growth projection downwards following the economy’s contraction in the fourth quarter last year. Unemployment has increased from 23. ...
‘I’m not asking you to put on an act’ – our work expert responds image
.... . I have been seeking employment more suited to my capabilities but I don’t get past interview stage, usually being told that it was between me and another candidate who had more experience or higher qualifications. ...
My week as an Uber courier: my bike got stolen, but I kept my five-star rating image
.... They are not paying sick leave, national living wage, or contributing to pensions. Yet it seems likely that their employment practices will lead more people to need taxpayers to pick up these costs. ...
US unemployment rate falls to 10-year low image
Source : BBC [Read Article] Friday 7th of April 2017 01:08:30 PM
. The US unemployment rate fell to its lowest in almost a decade in March, despite the economy adding a smaller than expected number of jobs. ...
Low interest rates put global financial sector at risk, IMF warns image
Source : Guardian [Read Article] Thursday 6th of April 2017 02:30:06 PM
....Fitch said it expected US real interest rates to increase to levels that were more closely aligned with the country’s economic growth potential, taking them close to pre-crisis levels. “With the Fed having now achieved its inflation and employment objectives, becoming more focused on the risk of labour market tightening and starting to discuss the unwinding of its balance sheet, we expect interest rate normalisation will take place by 2020 and that the Fed Funds rate will reach 3. ...
Uber contract 'gibberish', says MP investigating gig economy image
Source : Guardian [Read Article] Thursday 6th of April 2017 06:01:33 AM
.... They are not paying sick leave, national living wage, or contributing to pensions. Yet it seems likely that their employment practices will lead more people to need taxpayers to pick up these costs. ...
Gender pay gaps must be declared by UK companies image
Source : BBC [Read Article] Wednesday 5th of April 2017 10:57:09 PM
.... . Crowley Woodford, an employment partner at law firm Ashurst, said to expect "fireworks" of publicity for the first employers which reveal data. ...
Deliveroo accused of 'creating vocabulary' to avoid calling couriers employees image
....Managers at Deliveroo have been given a list of dos and don’ts setting out how to talk to the firm’s food delivery riders, using terms that appear designed to fend off claims that they are employees. In a six-page document seen by the Guardian, Deliveroo says its couriers, who deliver takeaways, should always be referred to as “independent suppliers” – self-employed workers with few employment rights – rather than as employees, workers, staff or team members. ...
Should we legislate against the gender pay gap? image
Source : BBC [Read Article] Wednesday 5th of April 2017 01:25:35 PM
....". Verity O'Keefe, senior employment and skills policy adviser at EEF, which represents manufacturers, said flaws in the UK's new rules also needed to be addressed. ...
Lifetime ISA: Everything you need to know about the new LISA savings account  image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 12:55:00 PM
....Is it better to use a LISA or pension scheme to save for retirement?A benefit of the LISA is that all savings can be taken tax-free compared to pensions where only 25 per cent of savings can be taken before income tax must be paid. However, in many cases it will make more sense for workers to use employment-based pension schemes than a Lifetime ISA. ...
Asos chief says warehouse conditions are 'great' despite complaints image
Source : Guardian [Read Article] Tuesday 4th of April 2017 05:13:48 PM
....However, last week Tim Roache, general secretary of the GMB union which has been campaigning for change at the Asos warehouse, told the BEIS committee that workers there were on flexible contracts which meant they could receive just 24 hours notice of a change to their hours. He claimed half the workers were employed via agencies with no guarantee of employment. ...
The case for a three-day weekend is clear – let’s start planning now | Caroline Lucas and Jonathan Bartley image
.... And, crucially, redistributing work from the 6 million of us in Britain working more than 45 hours a week to the more than 1. 5 million who are out of work would share prosperity and start to tackle the costs associated with unemployment. ...
Rise of robotics will upend laws and lead to human job quotas, study says image
....Innovation in artificial intelligence and robotics could force governments to legislate for quotas of human workers, upend traditional working practices and pose novel dilemmas for insuring driverless cars, according to a report by the International Bar Association. The survey, which suggests that a third of graduate level jobs around the world may eventually be replaced by machines or software, warns that legal frameworks regulating employment and safety are becoming rapidly outdated. ...
BP's sale of key pipeline to billionaire is bad for UK, says union image
Source : Guardian [Read Article] Monday 3rd of April 2017 11:48:55 AM
....“Do they believe this sale is in the national interest?”. Unite added that it had “serious concerns” about the livelihoods, pensions and employment conditions of 300 people employed by BP on the Forties Pipeline System. ...
Eurozone unemployment rate drops to near eight-year low image
Source : BBC [Read Article] Monday 3rd of April 2017 09:51:42 AM
. The eurozone's unemployment rate has continued to fall, dropping to a near eight-year low in February. ...
BP sells Forties North Sea pipeline to Ineos image
Source : BBC [Read Article] Monday 3rd of April 2017 08:37:47 AM
...."The Forties Pipeline System is a UK strategic asset and was originally designed to work together to feed the Grangemouth refinery and petrochemical facilities. "We have a strong track record of acquiring non-core assets and improving their efficiency and reliability, securing long-term employment and investment. ...
How can I land a job in academia after my PhD ends? image
Source : Guardian [Read Article] Monday 3rd of April 2017 06:00:15 AM
.... I’m a 26-year-old social science PhD student. Although I have managed to add some work experience to my CV, I am coming across posts online claiming finding academic employment after graduation is impossible. ...
Sydney property prices rise almost 20% in past 12 months image
Source : Guardian [Read Article] Monday 3rd of April 2017 03:08:56 AM
....9% on average last year. But the news comes as the ratings agency Moody’s warned an increasing number of borrowers have fallen behind on their mortgage and car repayments, saying more borrowers are set to join them amid rising underemployment, record-low wages growth and a more difficult housing market. ...
Hull after Brexit – will the City of Culture regret voting out? image
Source : Guardian [Read Article] Sunday 2nd of April 2017 02:30:03 PM
....Yet, on the Orchard Park housing estate, talking to people shopping in the small row of shops next to a new health centre (two of which are unoccupied), there is little sign of regret at the vote. A spread of crescents built in the 1960s and 70s to replace inner-city slums and provide ordered modern housing, often for those doing atrociously dangerous work on trawlers, the Orchard Park and Greenwood ward is now the fifth-most-deprived in Britain, with high levels of unemployment and half of its children living in poverty. ...
Greens on three-day weekend plans: 'Bold ideas needed' for UK image
.... . Among other points, the think tank has argued a shorter working week would lower unemployment by redistributing paid and unpaid work more evenly across the population. ...
The lost generation: ‘I’m 30-something and still depressed and broke’ image
....“With the Brexit vote, the old declared war on the young, and the young should respond by giving them the middle finger,” says economist Danny Blanchflower. I called him because he’s one of the people I spoke to in 2010, when he predicted a “lost generation” scarred by unemployment and low wages. ...
The car-loan boom isn’t the housing bubble. But there still might be a crash image
....Of course, Europe’s biggest airline has form when it comes to courting publicity, and many of its chief executive’s wider views on politics come across as headline-hunting exercises. But the Irish airline has a finely tuned sense for aviation agreements, and an ear for blarney, through its disputes with the European commission and its navigation of local employment and taxation laws. ...
Industrial heartland is in no fit state to pump up UK exports image
Source : Guardian [Read Article] Sunday 2nd of April 2017 06:00:46 AM
.... But the ONS figures show the region has fundamental weaknesses that few would expect, especially when it lays claim to have the UK’s second city at its heart, with hi-tech manufacturing to rival the German Ruhr. One basic measure of economic readiness is the percentage of people in employment. ...
Robbing Paula to pay Peter in the boardroom image
Source : Guardian [Read Article] Sunday 2nd of April 2017 05:59:46 AM
....So the problem will be solved and the Peter Principle will be eradicated, then? Maybe not. As Josephine Van Lierop, an employment lawyer at Slater & Gordon, says: “We expect big-budget organisations to be hiring expert pay consultants to identify and manipulate the numbers. ...
Help us fix Brexit labour shortage with Saturday jobs, say employers image
Source : Guardian [Read Article] Saturday 1st of April 2017 12:23:10 PM
....While nearly half of 16- to 17-year-old students were studying and working 10 years ago, it had declined to as little as 18% by 2014, a reality that the Employment Related Services Association says will be hard to fix unless radical changes are undertaken by the government, employers and the education sector. “The government has placed a big focus on work experience and trying to get young people into placements, but actually the main way people used to get experience of employment used to be by getting part-time work, whether it was agricultural work or in the coffee shop,” said Kirsty McHugh, the ERSA’s chief executive. ...
‘Don’t be apologetic, you’ve nothing to apologise for’ – our work expert responds image
....• I was made redundant by a retail firm just after Christmas. I secured alternative employment as a lab technician on minimum wage for a 37-hour week, and am happier because my work-life balance is restored. ...
Two million workers receive 4% pay rise image
Source : BBC [Read Article] Friday 31st of March 2017 09:17:02 PM
....When both policies were introduced business groups raised fears that the extra burden would lead to job losses. Yet, in a report last year, the Low Pay Commission said that there was "no clear evidence" of an impact on employment. ...
The UK must not let this Brexit crisis go to waste. Nor must the EU image
Source : Guardian [Read Article] Friday 31st of March 2017 01:53:07 PM
....Similarly, free movement of labour has allowed employers to meet extra demand by taking on more staff at the minimum wage or just above, rather than by investing. That helps explain why employment is at record levels, but productivity has been feeble. ...
Eurozone inflation slows in March image
Source : BBC [Read Article] Friday 31st of March 2017 09:58:08 AM
...."March's sharp slowdown in eurozone inflation was partly driven by temporary factors that will reverse in April, but the big picture is that inflation is now on a downward trend," said Jack Allen, eurozone economist at Capital Economics. "There is little sign that declining unemployment is putting much upward pressure on wages and prices. ...
How can I leave my dead-end job and make use of my qualifications? image
Source : Guardian [Read Article] Friday 31st of March 2017 06:00:48 AM
....My current employer does not have any internal training or progression programmes, and the promotion process is oblique at best. I have been seeking employment more suited to my capabilities but I don’t get past interview stage, usually being told that it was between me and another candidate who had more experience or higher qualifications. ...

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