#labour-market

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Blair was urged not to let in new EU workers too quickly, files reveal

UK ministers debated delaying employment rights for Eastern European workers post-2004 EU expansion due to concerns about housing and social impacts.

The Guardian view on City deregulation: it would be a dangerous step backward | Editorial

Deregulating financial sector rules may undermine economic growth and strategy, raising concerns about lessons from the 2008 financial crisis.
#uk-economy

Consumer confidence rises as inflation eases

UK consumer confidence has improved in October, nearing a 37-month high.

UK inflation set to rise after Bank of England's interest rate cut

UK inflation expected to rise to 2.3% in July after Bank of England interest rate cut.

It's a huge problem': what's gone wrong at the ONS and why does it matter?

The ONS faces scrutiny over inaccurate job statistics that undermine policy decisions amidst rising unemployment.

Kemi Badenoch says the Tories got it wrong on immigration. She's right but not for the reasons she thinks | Jonathan Portes

The Conservative government's promise for a strict immigration cap risks repeating past mistakes that negatively affect the UK economy.

UK businesses expect revenue surge and ramped-up hiring in 2025

British companies expect growth in 2025, with many anticipating higher turnover and increased hiring despite challenges like rising national insurance costs.

UK wage growth slows to two-year low amid cooling labour market

UK wage growth slows to 5.7% in May, slowest in two years, potential Bank of England interest rate cut.
Slowdown in job market evident with decline in vacancies and slight drop in employment rate.

Consumer confidence rises as inflation eases

UK consumer confidence has improved in October, nearing a 37-month high.

UK inflation set to rise after Bank of England's interest rate cut

UK inflation expected to rise to 2.3% in July after Bank of England interest rate cut.

It's a huge problem': what's gone wrong at the ONS and why does it matter?

The ONS faces scrutiny over inaccurate job statistics that undermine policy decisions amidst rising unemployment.

Kemi Badenoch says the Tories got it wrong on immigration. She's right but not for the reasons she thinks | Jonathan Portes

The Conservative government's promise for a strict immigration cap risks repeating past mistakes that negatively affect the UK economy.

UK businesses expect revenue surge and ramped-up hiring in 2025

British companies expect growth in 2025, with many anticipating higher turnover and increased hiring despite challenges like rising national insurance costs.

UK wage growth slows to two-year low amid cooling labour market

UK wage growth slows to 5.7% in May, slowest in two years, potential Bank of England interest rate cut.
Slowdown in job market evident with decline in vacancies and slight drop in employment rate.
moreuk-economy
#skills-shortage

These will be the most in-demand programming languages in 2025

Skills shortages in Europe are increasingly problematic due to demographic shifts and inadequate working conditions, compounded by advancing technology like AI.

Confined to this little island': Britons criticise rejection of EU youth mobility deal

The article discusses the dismissal of a proposal to reintroduce freedom of movement for young people between the EU and the UK, highlighting potential benefits for various sectors.

These will be the most in-demand programming languages in 2025

Skills shortages in Europe are increasingly problematic due to demographic shifts and inadequate working conditions, compounded by advancing technology like AI.

Confined to this little island': Britons criticise rejection of EU youth mobility deal

The article discusses the dismissal of a proposal to reintroduce freedom of movement for young people between the EU and the UK, highlighting potential benefits for various sectors.
moreskills-shortage
#immigration

Why Germany struggles to attract the thousands of foreign workers it needs

Germany's labour market needs a significant influx of immigrants to counteract impending workforce shortages due to demographic changes.

'Taxes and no dual-national MPs': Switzerland's anti-foreigner proposals explained

Swiss politicians are considering measures to limit foreign workers despite their economic contributions.
The Liberal Radical Party proposes an immigration tax, while the Swiss People's Party suggests a residence tax for foreigners.

Fact check: Do Switzerland's foreign workers really 'steal' Swiss jobs?

Foreigners in Switzerland play a crucial role in the labor market, particularly in sectors that locals often avoid.

Why Germany struggles to attract the thousands of foreign workers it needs

Germany's labour market needs a significant influx of immigrants to counteract impending workforce shortages due to demographic changes.

'Taxes and no dual-national MPs': Switzerland's anti-foreigner proposals explained

Swiss politicians are considering measures to limit foreign workers despite their economic contributions.
The Liberal Radical Party proposes an immigration tax, while the Swiss People's Party suggests a residence tax for foreigners.

Fact check: Do Switzerland's foreign workers really 'steal' Swiss jobs?

Foreigners in Switzerland play a crucial role in the labor market, particularly in sectors that locals often avoid.
moreimmigration
#unemployment

UK jobs market in spotlight after Reeves's tax rises on employers

The unemployment rate has risen slightly, and the labour market may be cooling due to economic changes.

There is 'tentative signs that the jobs market is cooling'

The UK's unemployment rate rose to 4.3%, the highest in almost a year.

UK wage growth cools further, keeping the Bank of England on track - London Business News | Londonlovesbusiness.com

UK wage growth shows slight improvement, supporting gradual rate cuts by the Bank of England.

UK jobs market in spotlight after Reeves's tax rises on employers

The unemployment rate has risen slightly, and the labour market may be cooling due to economic changes.

There is 'tentative signs that the jobs market is cooling'

The UK's unemployment rate rose to 4.3%, the highest in almost a year.

UK wage growth cools further, keeping the Bank of England on track - London Business News | Londonlovesbusiness.com

UK wage growth shows slight improvement, supporting gradual rate cuts by the Bank of England.
moreunemployment
from www.theguardian.com
2 months ago

AI may displace 3m jobs but long-term losses relatively modest', says thinktank

AI could displace 1m to 3m jobs in the UK, but new roles will arise, leading to low unemployment growth.

Minimum wage for higher-paid temporary foreign workers set to increase | CBC News

The federal government is raising the minimum wage for temporary foreign workers to encourage Canadian hiring.
#interest-rates

Bank of England likely to cut interest rates next month - London Business News | Londonlovesbusiness.com

Wage growth at its lowest in four years likely prompts Bank of England interest rate cut.

UK unemployment reaches 4.4%, fastest of OECD countries - London Business News | Londonlovesbusiness.com

UK unemployment rate at 4.4% with rising trend, impacting interest rate cuts and general elections.

Pace of earnings is not consistent with Bank of England's inflation target

Headline unemployment increased to 4.3% in the UK, with concerns over data accuracy. Pay growth at 5.7% YoY may impact inflation persistence and interest rate decisions.

Bank of England likely to cut interest rates next month - London Business News | Londonlovesbusiness.com

Wage growth at its lowest in four years likely prompts Bank of England interest rate cut.

UK unemployment reaches 4.4%, fastest of OECD countries - London Business News | Londonlovesbusiness.com

UK unemployment rate at 4.4% with rising trend, impacting interest rate cuts and general elections.

Pace of earnings is not consistent with Bank of England's inflation target

Headline unemployment increased to 4.3% in the UK, with concerns over data accuracy. Pay growth at 5.7% YoY may impact inflation persistence and interest rate decisions.
moreinterest-rates

Escalating geopolitical tensions and volatile economic data hinders gold - London Business News | Londonlovesbusiness.com

Gold is caught between geopolitical tensions and strong U.S. economic indicators, limiting its upward potential despite recent increases.

Fed Maintains rates unchanged - London Business News | Londonlovesbusiness.com

The Federal Open Market Committee (FOMC) hinted at a rate cut in the near future, evolving from a focus on inflation to risks on both sides of the dual mandate.

1.5M UK jobs now at risk from AI, report finds

11% of UK job tasks at risk of AI replacement, potentially leading to 1.5 million job losses in worst case scenario.
Back-office, entry-level, and part-time jobs are most exposed with medium and low-wage employees being at greatest risk.
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