SThree shares drop to four-year low as recruiter issues profit warning Business Shares in SThree cratered on Thursday after the recruiter issued a profit warning for its current financial year, citing challening conditions in the science jobs market. The firm’s share price tumbled as much as 39 per cent in early trading before paring some losses, making it the worst performer on the FTSE 250. The stock [...]
Jobs market gets Christmas boost from seasonal hiring Economics In October, there were 0.64 per cent more vacancies than there were six months ago, the first time the six-monthly reading has been positive in 2024.
Workers’ rights: Business secretary defends ‘rushed job’ bill Politics The business secretary has defended the government’s plan to overhaul workers’ rights after a lobby group branded it a “rushed job, chaotic and poorly planned”.
Labour pulls back from ‘day one’ protections as it unveils workers’ rights overhaul October 10, 2024 Labour has pulled away from its pledge to give employees protection from unfair dismissal from the first day in a job, according to reports, as it unveils its long-awaited package of employment reforms today. The Employment Rights Bill, which Labour promised to introduce within its first 100 days, is set to be laid before Parliament [...]
A ‘New Deal’ for fewer jobs and worse pay? October 8, 2024 Labour’s promise of a ‘New Deal for Working People’ is deliberately worded to evoke the era of Roosevelt, when major federal interventions supposedly shook America out of the Great Depression and conclusively demonstrated the benefits of Keynesian economics. But even Keynes knew it was more complicated than this. Alongside stimulus, he wrote that reversing a [...]
Growing labour market slack ‘strengthens case for further rate cuts’ October 7, 2024 "A greater number of candidates and reduced demand helped to limit pay growth," the survey said.
The eternal jobstopper? The future of face tattoos October 3, 2024 Jamie McPhee’s first face tattoo was a little star under his eye. He just fancied it. After the star under his left eye, he got a star under his right eye – the asymmetry was bugging him. Before you could say, “Are you sure that’s a good idea, Jamie?” he had a skull and crossbones [...]
Adzuna: UK job-seekers face toughest market in three years September 30, 2024 Tony Wilson, director at the Institute for Employment Studies, said the figures would be a "bit disappointing" for those who had been looking for "greener shoots" in the labour market.
The jobs market is already in trouble – loading employers with new regulations won’t help September 25, 2024 Jobs postings have declined for the 26th month in a row. This isn't the time to disincentivise hiring, writes Reed CEO James Reed.
‘Strike right balance’ on flexible working, business groups urge Labour September 17, 2024 Ministers must allow firms to “strike the right balance” on flexible working, business lobby groups have urged. It comes after business secretary Jonathan Reynolds told The Times alternative work schedules “contribute to productivity” and could be “significant” in tackling regional inequality issues, amid debate over the government’s proposed plans for workers’ rights reforms. He said, [...]