Brexit and pandemic onslaught have altered UK workforce with highest-ever number of non-EU workers April 21, 2022 UK, EU and non-EU payroll data varied drastically during the course of the pandemic, according to fresh data sent to City A.M. this morning. While the UK entered the first lockdown in March 2020 with payroll numbers at 25.7m that then dropped to 24.9m by March 2021, non-EU payroll saw figures at 2.12m in March [...]
Nearly a quarter of working Brits considering retirement due to pandemic stresses March 15, 2022 Almost a quarter of working Brits are considering retirement as a result of the pandemic, while seven out of 10 would be fine with less social interaction. The toll of restrictions on people’s wellbeing is causing thousands to reconsider career paths in a bid to reduce stress and anxiety. A monthly mental health index published [...]
Number of Brits in jobs up by 275,000 people to record 29.7m March 15, 2022 The number of UK workers on payrolls rose by 275,000 between January and February to a record 29.7 million, the Office for National Statistics said this morning. Grant Fitzner, chief economist at the Office for National Statistics, said: “The labour market continues to recover from the effects of the pandemic, with the number of unemployed [...]
Four in ten Brits consider job change to counter higher cost of living and rising inflation March 11, 2022 Almost forty per cent of people polled this week have considered changing jobs to counter rising inflation and costs of living. Pressures are showing on people’s wages and mental health, with leading employment board Totaljobs urging employers to support their workers through difficult financial times. In a survey published this week, 37 per cent of [...]
One-in-four UK workers plan a ‘hybrid holiday’ this year, to make the most of remote working February 14, 2022 More than a quarter of UK workers are planning to take a remote working holiday this year, according to a poll of 2,000 office workers. Workers from across the UK said they plan to take advantage of their employer’s work-from-home policy by going on a ‘hybrid working holiday’ – with a view to going abroad [...]
Raising pension age led to record rates of over-65s employment January 25, 2022 The government’s decision to up the state pension age from 65 to 66 has seen higher number of 65-year-olds staying in work than at any point since at least the 1970s. However, poorer people with less education were significantly more likely to stay in work than richer people with university degrees. Becky O’Connor, Head of [...]
Tech Special: The jobs, sectors and countries most at risk of automation and robotics in 2022 January 5, 2022 Digital change and automation are driving enormous productivity gains in the world of work. However, the rapid changes mean many individuals, businesses and even entire nations will be hugely impacted by automation and tech, with some roles and jobs to be replaced by robots altogether. Many of the industries that are most at risk of [...]
Poverty looms for millions of UK families as energy bills climb by £1200, inflation rises and taxes jump 1.25 per cent in 2022 December 29, 2021 Soaring energy bills, inflation and rising taxes are likely to lead to a ‘cost of living catastrophe’ for millions of UK families, an economic think tank warned this morning. The Resolution Foundation (RF) said from next April families would typically face a £1,200-a-year hit to their incomes as the energy price cap is raised and [...]
Pandemic kills off entrepreneurial opportunities as army of self-employed in UK drops by shocking 700,000 December 27, 2021 The UK has nearly 700,000 less self-employed people two years into the pandemic, according to new figures published this morning. The self-employed workforce fell from a peak of nearly 5m in 2019 to to 4.3m this year, according to analysis by Rest Less, which offers advice to older people. As well as the impact of [...]
Two thirds businesses call for higher sick pay rate amid growing Omicron fears December 14, 2021 Nearly two thirds of employers have called for a rise in statutory sick pay (SSP) in the UK, according to a new report. The professional body for human resources behind the report, urged for major reforms to statuary sick pay after finding that 62 per cent of employers in the country think the rate, currently [...]