US jobless claims drop to new pandemic low July 1, 2021 The number of Americans applying for unemployment aid dropped to its lowest level since the onset of the pandemic, new figures released today reveal. The US Labor Department reported Thursday that jobless claims dropped by 51,000 to 364,000. The figures provide further evidence that the US labour market is rebounding strongly from the damage inflicted on it [...]
US and UK job markets may look similar, but they are on very different paths June 28, 2021 The US and Europe adopted very different approaches to providing labour market support during the pandemic but as their economies re-open they appear to be experiencing similar problems: worker shortages, a growing number of unfilled vacancies and wage pressures in some sectors. What’s going on? Let’s start with the labour market support programmes themselves. The [...]
Nissan puts hundreds of factory staff back on furlough after surge in Covid-19 cases June 25, 2021 Nissan furloughs hundreds of factory staff after surge in Covid cases
UK business confidence at a three-year high despite skills shortages June 23, 2021 UK business confidence at a three-year high despite skills shortages
Whitehall shakeup: 22,000 roles may be moved out of London and external candidates for senior roles June 15, 2021 The government will today launch a reform programme that will see wide-scale reforms to the civil service, with jobs being moved out of Whitehall and senior jobs open to external candidates. The reforms include moving 22,000 civil servant roles outside of London by 2030, including 50 per cent of senior servant roles, and advertising all [...]
Rishi Sunak not expected to alter furlough scheme despite Freedom Day delay June 14, 2021 Rishi Sunak not expected to alter furlough scheme despite 'Freedom Day' being scrapped
Goldman Sachs orders US employees to declare their vaccination status June 10, 2021 Goldman Sachs has sent a memo to staff ordering them to report their Covid-19 vaccination status, ahead of a return to the office. The bank gave its United States employees a deadline of noon on Thursday to declare whether or not they have been vaccinated against Covid-19. In a memo first reported in The New [...]
UK to see ’employment boom’ as lockdown restrictions ease June 8, 2021 Employers plan a huge recruitment drive, fuelled by the easing of lockdown restrictions, according to a new report out this morning.
City A.M. TV: A Market Snapshot June 7, 2021 US non-farm payrolls once again demonstrated their ability to move markets.
Employment tribunals: Age discrimination cases up by 74 per cent in a year June 3, 2021 The number of age discrimination complaints to employment tribunals increased by 74 per cent in the last year, according to new research shared with City A.M. today. Based on tribunal statistics data from the Ministry of Justice, digital community Rest Less found that the number of receipts under the jurisdiction of age discrimination in employment [...]