ONS shows rise in employment
The Office for National Statistics (ONS) latest official labour
market statistics, show that there’s been a further rise
in the amount of people in employment (up 152,000 in the three
months to February).
They also show fewer redundancies and increased
job vacancies, as well as a fall in unemployment (down 39,000
in the same quarter).
Dr John Philpott, of CIPD, said of these latest official figures “Even
allowing for lags between output, jobs and unemployment the UK labour market
is still
behaving
as though the economy were chugging along very nicely rather than on the verge
of a significant slowdown. This could bode well for the resilience of employment
in the coming months – especially with pay pressures sufficiently subdued
not to deter further cuts in interest rates – which would greatly protect
the UK economy from the possibility of a period of outright recession.
"If so we could be in for a repeat of what happened during the last economic
slowdown
in 2005 when employer concerns about talent shortages led to ‘labour hoarding.’ Employment
levels generally held up, with employers cutting hours worked by staff and curbing
average pay rises rather than resorting to layoffs. Today’s ONS figures
showing a substantial reduction in average hours worked by full-time staff would
support this possibility as would signs of continued pay restraint."
Trainers' Market Review Reward
As you know, we've always offered a £5 voucher as a reward for reviews
of our training material.
Did you know that we also offer the same for reviews of the products in Trainers'
Market.
Please do get in touch and let us, and our other customers, know what you think
of our products.
Although, at the moment, Trainers' Market can only ship to
the UK, we are hoping that we will be able to offer our excellent
service to international customers some time in the future.
Report shows flexible working improves output
A new report by The Cranfield School of Management and Working Families
seems to show that flexible working has a positive effect on levels of stress
as well as working performance.
Out of over three and a half thousand workers surveyed, 61% of employees agreed
that the effect of flexible working on quantity of output is positive - 45% of
managers said the same. 65% of employees believe that the quality of output improves
as well, with 46% of managers agreeing.