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All items: Economy

  • Productivity continues to be outpaced by wage growth

    Date:
    9 January 2020

    The Office for National Statistics has published the latest productivity figures for the UK showing that output per hour rose only 0.1% in the third quarter of last year, compared to the same period in 2018.

  • Proportion of older workers grows rapidly

    Date:
    12 December 2019

    The gap between the employment rate of 50- to 64-year-olds and under-50s may be at its narrowest in 25 years as the proportion of older workers grows far more rapidly.

  • Hiring plans for Q1 weakest in seven years

    Date:
    11 December 2019

    Employers' hiring intentions are at their weakest in seven years with Brexit uncertainty, the general election and a slowing global economy all affecting their confidence.

  • Graduates take on second jobs to meet living costs

    Date:
    20 November 2019

    Recent university graduates are having to take on second jobs in order to pay their rent and cope with rising living costs.

  • HR most likely to be reaping automation benefits

    Date:
    18 November 2019

    HR professionals are more likely to be experiencing the benefits of automation in their roles than any other professional in the UK, but more than a third think the pace of technological change in their organisation is slow.

  • Robots and automation: UK lags behind G7

    Date:
    19 September 2019

    Entire regions of the UK face being left behind and British businesses could find themselves being uncompetitive, unless the government steps up efforts to manage the transition to automation.

  • Missing out on training means low-skilled workers lose out on thousands

    Date:
    11 September 2019

    Employees that can't access training get trapped under a 'skills ceiling' that means they lose out on almost £12,000 a year in earnings, according to the Association of Accounting Technicians.

  • Hiring declines at fastest rate for three years

    Date:
    9 September 2019

    Political and economic uncertainty continues to affect the labour market as data from the Recruitment & Employment Confederation and KPMG showed that permanent placements fell at the quickest rate for more than three years.

  • Drop in EU migrants prompts urgent call for immigration transition period

    Date:
    22 August 2019

    The number of EU citizens moving to the UK to work has continued to fall, prompting business bodies to reiterate their calls for a transition period ahead of any new immigration system so employers can access the labour they need.

  • Give workers more holiday to stimulate economic growth, report urges

    Date:
    12 August 2019

    Increasing minimum holiday entitlement and wages would help solve the UK's productivity crisis and stimulate economic growth, a think tank has suggested.

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News: HR and legal information and guidance relating to the economy.