Eurozone unemployment drops to three-year low September 1, 2015 Eurozone unemployment has fallen to a three-year low, surprising economists by dropping as low as 10.9 per cent in July. Unemployment figures were forecast to remain static at 11.1 per cent, but Eurozone recovery has given job growth a bigger push than expected, according to new figures released by statistics agency Eurostat today. Some 213,000 [...]
Strong UK economy lifts profit at Hays as higher wages aid fees August 28, 2015 PROFESSIONAL recruiter Hays saw a 17 per cent increase in its profit in the year ended 30 June compared with the previous 12 months, the company said yesterday. Pre-tax profit came in at £161.1m despite a £9.4m dent due to unfavourable exchange rates, notably a weaker euro. It saw a 74 per cent surge in [...]
Is your MBA returning on investment? Average salary growth post-MBA may be a crude measure, but it’s still a useful one August 27, 2015 How does the cost of an MBA stack up against other major life expenses? At a top UK business school, a one year course will set you back between £40,000 and £50,000 in tuition fees alone. Add on living expenses and the opportunity cost of not working for a year, and you’ll be [...]
Is a specialist MBA a sensible option? Funding may be easier to secure but you’ll end up tied down August 27, 2015 From aviation and shipping to CSR and music, MBA students are no longer limited to choosing unspecialised programmes which lack technical depth and insight. Long favoured in countries like India, where booming industries like healthcare had to recruit capable managers quickly, specialist MBAs have grown in popularity in recent years. So are they the [...]
Changing career? How the MBA could help: From startup incubators to ensuring realistic goals are set, the MBA has a lot to offer August 27, 2015 If you're contemplating doing an MBA degree in order to alter your career trajectory, you’re not alone. Nearly 90 per cent of Cambridge Judge Business School’s 2014 graduates switched either sector, function (their job role) or region (where they’re based). A third of those did a “triple jump” – changing all three. Of [...]
Ignore the doom-merchants: History shows why robots won’t destroy our jobs August 25, 2015 Economics is often described as the dismal science, but it regularly contains cheerful material. A paper by the leading US economic historian Joel Mokyr made for exuberant holiday reading. Written for the top Journal of Economic Perspectives, it is entirely in English and contains not a single mathematical symbol. Mokyr examines the history of [...]
The UK gender pay gap: You’re probably spending an hour a day working for free August 25, 2015 You're probably spending at least an hour day working that you don't get paid for. It's not just putting in those extra hours to impress the boss or getting that project finished, it's each and every average working day in which an hour and 40 minutes of is entirely unpaid. How do you know if [...]
UK Immigration Bill: Illegal workers face jail as part of crackdown on rogue migrants and employers August 24, 2015 The Government is raising the stakes in its crackdown on illegal working today, introducing new penalties for employers who give jobs to undocumented migrants. Immigration minister James Brokenshire will say: “Illegal workers will face the prospect of a prison term and rogue employers could have their businesses closed, have their licences removed, or face prosecution [...]
As the CBI upgrades its forecasts, is stronger UK growth sustainable amid global turmoil? August 24, 2015 Vicky Pryce, chief economic adviser at CEBR, says Yes After three per cent growth last year, the UK is continuing to perform better than many other Western economies. The CBI’s upgrade of its growth forecast from 2.4 per cent to 2.6 per cent for the whole of 2015 builds on a couple of quarters of [...]
CBI upgrades UK economic forecast to 2.6 per cent GDP growth in 2015 August 24, 2015 A rise in household spending along with robust investment growth will help fuel faster “twin engine” growth in the UK economy, according to the Confederation of British Industry (CBI), which expects an interest rate rise in early 2016. In their latest economic forecast, the CBI upgraded its expectation to 2.6 per cent GDP growth for [...]