The UK labour market is currently facing several major challenges, one of the most acute of which is skills shortages, writes Daniel Muir, Research Economist at IES Whilst economic inactivity (defined as not being in employment and not seeking work within the last 4 weeks and/or not able to start work within the next 2 Continued »
When we think of recruiting processes in the more traditional way, many companies tend to rely on intuition or luck rather than data, which most of the time is less effective for gathering and analysing results. Often, recruiters and hiring teams can only take a guess at whether their hiring methods are effective. There’s a Continued »
Automation, the substitution of labour for capital in response to a shift in the relative cost and productivity of these factors of production, is a phenomenon as old as the late modern period. Workers fearing the adverse effects of structural unemployment on livelihoods as major employment-providing industries have substituted labour for labour-saving technological innovations categorises Continued »
In the first blog in this series, we analysed trends in vacancy demand and listed salaries in the UK since 2016. We looked at the huge shifts in demand since the start of the pandemic and discussed the general slowdown which preceded it as well as some seasonal trends. We also noted the likely effect Continued »
The importance of diversity and inclusion cannot be overstated in today’s working world. Not only does a diverse workforce foster innovation and creativity, but it also leads to better business outcomes, with Mckinsey reporting that corporations identified as being more diverse and inclusive are 35% more likely to outperform their competitors. To create a truly Continued »
Let’s talk about Hustle Culture. A term that experts say began to emerge in the 1990s and early 2000s with the entrepreneurial boom. Gaining prominence with the technology giants in Silicon Valley with the emergence of Google and Facebook, the idea of ‘Hustle Culture’ is now part of our daily lives. With an intense focus Continued »
Some of the biggest policy measures announced in the recent Spring Budget related to childcare support. Allowing those on Universal Credit to access support upfront as opposed to in arrears, which will reduce any funding gaps and ease the transition into the payment cycle for childcare costs, was broadly well received. The maximum amount of support Continued »
We’re thrilled to announce that we’ve just completed a major overhaul of our skills taxonomy, increasing the number of skills in our database from 6,500 to a whopping 22,500. This update, available to our Adzuna Intelligence users from 24th April 2023, is designed to provide more comprehensive coverage of the ever-changing skills landscape, and to Continued »
Volume hiring isn’t easy. As we discussed recently when breaking down some of the challenges facing companies looking to hire in volumes, there are many road bumps along the way! Thankfully, there are some strategies you can put in place to make things a little easier. It’s unlikely to come as a huge surprise, but Continued »