Self-employment rise led by tax advantages for workers in high-paying ‘privileged’ sectors rather than the gig economy

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Work & Security

  The recent rise in self-employment is being led by workers in relatively ‘privileged’ high-skilled, higher-paying sectors such as advertising and banking. Their considerable tax advantages over employees, rather than new technology and the gig economy, are central to the rapid growth in self-employment, according to new analysis published today (Monday) by the Resolution Foundation. … Continued

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Britain is on track for a million agency workers by 2020

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Work & Security

The forgotten face of non-traditional employment hit by average pay penalty of £430 The number of agency workers has grown by 30 per cent since 2011, and now stands at 865,000, a new report by the independent think-tank Resolution Foundation reveals today (Monday) as it launches a major 18-month investigation into agency work. The report … Continued

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Employment rate plateaus at record high but earnings continue to struggle

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Work & Security

  UK unemployment rate falls below US as more people stop actively looking for work The UK labour market has plateaued, though there are a few tentative signs of weakening jobs growth, the Resolution Foundation said today (Wednesday) in response to the latest ONS labour market statistics. The employment rate has matched its record high … Continued

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Post-referendum rise in business uncertainty casts shadow over strong jobs boost in run up to vote

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Work & Security

  The UK enjoyed a welcome pre-referendum vote jobs boost, though reports of rising business uncertainty post-vote will be a major challenge over the next year, the Resolution Foundation said today (Wednesday) in response to the latest labour market statistics and the Bank of England Agents’ summary of business conditions. The UK employment rate reached … Continued

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Brexit vote requires migrant-reliant firms to rethink business models

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Work & Security

  The decision to leave the European Union may fundamentally change the business models of firms reliant on migrant labour if promises to end freedom of movement are delivered.  Some sectors have the potential to respond with greater automation while others will require a smart immigration policy from government to prevent damaging staff shortages. This … Continued

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