Explainer: Why taking a sick day could help boost the economy explainer We’ve all seen it: corpse-like colleagues clocking in at the office because honestly they’re fine, “just a cold,” they cough, bravely. But did you know such heroics could be costing the economy £25bn a year? That’s right, according to the Institute for Public Policy Research (IPPR), people working through illness rather than taking a sick [...]
The Notebook: Too many people are leaving the UK workforce. Here’s how to help james reed Where the City’s movers and shakers have their say. Today, James Reed, CEO of Reed, takes the pen to talk about the UK workforce and how Labour can help lower economic inactivity How Labour can fight economic inactivity If I was in the new government, top of my in-tray would be the problem of economic [...]
Government plan to get people back into work and tackle economic inactivity announced Economics Labour has laid out its first steps to get people back into work as the new government attempts to tackle the worrying rise in economic inactivity.
Addressing the rise in long-term sickness could unlock £57bn windfall, research shows June 25, 2024 Reintegrating between half and three-quarters of those who have dropped out of the workforce since 2020 could generate anywhere between £35bn and £57bn over the next five years, the analysis suggests.
Employment support needs to be a ‘top priority’ as long-term sickness hits new record June 11, 2024 New figures out today showed that 9.4m people were economically inactive in the three months to April, up nearly 400,000 on last year, with long-term sickness a major contributor.
Action ‘urgently needed’ as UK long-term sickness climbs to record high of 2.8m April 16, 2024 Recent research from the Resolution Foundation found that the rise in long-term sickness over the past few years is the longest sustained rise since the 1990s.