Bank of England should ‘loosen its grip on growth’ as labour market slack grows April 8, 2024 Starting salary inflation for permanent roles increased at its weakest rate in over three years, according to KPMG and the Recruitment and Employment Confederation's (REC) report on jobs.
Amazon, Dell, Google and Microsoft: Nearly 60,000 tech layoffs so far in 2024 and ‘more pain to come’ April 4, 2024 The tsunami of tech layoffs which plagued much of 2023 has continued to hit companies of all sizes this year.
‘Floor not a ceiling’: Sadiq Khan pledges to create at least150,000 jobs in AI, fintech and sciences April 3, 2024 Sadiq Khan has pledged to create 150,000 new jobs in key growth sectors including artificial intelligence (AI), financial and climate technology, and life sciences.
Child benefit changes to kick in as government expands free nursery hours April 3, 2024 Changes to child benefit are set to save higher earning parents an average of £1,260 a year as the high income charge threshold increases.
Rayner: Fear over Labour workers’ rights plans like ‘squealing’ over minimum wage April 1, 2024 Angela Rayner has said fears over her workers’ rights plans is similar to the “squealing” over the minimum wage law brought in by the party in 1999.
AI could add £144bn to GDP over next five years but millions of jobs at risk, think tank says March 27, 2024 "History show that technological transition can be a boon if well managed, or can end in disruption if left to unfold without controls," Carsten Jung, senior economist at IPPR, said.
The Notebook: City trend to cut compliance workers will come back to bite March 26, 2024 Lucy McNulty, editor of Following the Rules, takes the Notebook pen to talk compliance job cuts, social media and the stubborn glass ceiling.
Public sector pay needs to increase to hold on to top talent, says think tank March 26, 2024 Research from the Institute for Fiscal Studies (IFS), shows that public sector pay at the 75th percentile - for those earning more than three-quarters of public sector workers - is now eight per cent lower in real terms than in 2007.
Rise in long-term sickness the longest since the 1990s, new research shows March 23, 2024 The UK is suffering from the longest upward trend in long-term sickness since the 1990s, according to the Resolution Foundation.
Tech jobs market ‘challenging’ warns recruiter as headwinds hit sector March 19, 2024 Demand in life sciences and the tech sector continued to "reflect market conditions," SThree said.