Ventures· Labour market· Skills· Pay WorkerTech Conference Exploring the role of technology in creating good work in the UK UpcomingTuesday 21 November 2023 Register to attend in person or to receive access link for online viewers. Technology is changing the world of work — from AI to app-based firms and the pandemic-induced surge in remote working. The benefits of these new technologies can often pass low-earners by, or ratchet up insecurity in their working lives. But new technologies … Continued SIGN UP
Economy 2030· Labour market Creating a Good Jobs economy Lecture by Professor Dani Rodrik Wednesday 27 September 2023 Advanced economies across the world have been buffeted by acute shocks crises like the Covid-19 pandemic and war in Ukraine, at the same time as they are grappling with longer-term challenges like deindustrialisation, the rise of AI and globalisation. Labour markets across a range of countries have experienced persistent wage stagnation, the rise of insecure … Continued READ MORE
Economy 2030· Incomes· Labour market· Productivity & industrial strategy Risk reduction Can earnings insurance underpin a more dynamic jobs market and a more productive economy? Thursday 21 September 2023 Losing your job in Britain can be a very expensive business. Low and flat rate benefits leave many workers facing huge income falls if they face a period out of work. This gives them a strong incentive to take a new job quickly – but not necessarily the best fit for their talents. And it … Continued READ MORE
Economy 2030· Labour market· Cities and regions· Housing Making Greater Manchester great again What is GM’s plausible path to greater prosperity? Tuesday 19 September 2023 This event was held in Manchester. Greater Manchester has long been centre-stage in visions of a more geographically equal country – from the Northern Powerhouse to levelling up. But the rhetoric has outpaced the reality: productivity and wages across the city region remain 10 and 4 per cent below the national average. What it would … Continued READ MORE
Economy 2030· Labour market· Cities and regions· Housing Building momentum in Birmingham and beyond What is Birmingham urban area’s plausible path to greater prosperity? Thursday 14 September 2023 This event was in Birmingham. The West Midlands has played a pivotal role in British history as a manufacturing hub, driving innovation and economic growth which led to dramatic improvements in people’s living standards. But its city region has struggled to maintain this role over recent decades, and productivity is now 11 per cent below … Continued READ MORE
Economy 2030· Living standards· Labour market· Inequality & poverty· Housing Shared prosperity What would it take to see a return to rising living standards for all? Tuesday 4 July 2023 Britain is stagnating. Productivity growth is flatlining, workers today are earning the same wages as their predecessors in 2007, and living standards growth had slowed to a crawl even before today’s cost of living crisis. So we need a clear strategy for returning to rising, and widely shared, prosperity. Against that backdrop, it is important … Continued READ MORE
Labour market enforcement· Labour market Playing by the rules A new approach to enforcing workers’ rights Tuesday 25 April 2023 Debates about raising, or indeed cutting, legal protections for workers are a staple of British politics – with welcome progress including a rising minimum wage driving down low pay. But too often the reality that these rights, rates and rules mean little if they aren’t enforced is forgotten. The systems used to enforce workers’ rights … Continued READ MORE
Economy 2030· Labour market· Low pay Good work How to renew the UK’s economic strategy and put better jobs at its heart Wednesday 19 April 2023 The minimum wage has more than halved the share of low paid workers across Britain over the past two decades. This is a huge success – but it is far from job done. While low-paid workers today earn more, they are too often trapped on short-hours, facing poor working conditions or lacking the advantages higher … Continued READ MORE
Labour market Getting Britain working How to boost workforce participation in the 2020s Tuesday 21 February 2023 Fast rising participation in the workforce was an important driver of growth in the 2010s, helping to offset the impacts of a productivity and wage stagnation. But that progress has gone into reverse in the wake of the pandemic, with older workers in particular exiting the workforce, prompting the government to launch a major review. … Continued READ MORE
Labour market enforcement· Labour market Do we care about carers? The experiences of social care workers Thursday 26 January 2023 Social care is a large and important part of the UK economy, and will be a growing one with an ageing population and rising ill-health. But it is often also a lower paid one, with funding challenges, staff shortages and a history of risks around minimum wage underpayment. Workers wrestle with these challenges, alongside the … Continued READ MORE
Labour market· Low pay Clocking in and out Is choice or circumstance driving part-time work among low earners? Wednesday 30 November 2022 Working hours, not just hourly pay rates, are a key determinant of living standards. Historically, men have tended to work more paid hours than women, with working hours for both sexes increasing substantially between the ages of 18 and 25. But over recent decades these trends appear to be weakening, with increasing numbers of young … Continued READ MORE
Living standards· Labour market· Wealth & assets· Housing· Intergenerational Centre Mortgaged millennials to bitterly cold boomers Assessing the cost of living crisis across generations Monday 14 November 2022 Rising energy bills are with us and rising mortgage bills are on the way. While wages are falling far behind inflation, debates rage about whether benefits or the state pension should do the same. Older workers have not returned to the labour market post-Covid, while younger workers may suffer most from the unemployment rise the … Continued READ MORE
Labour market· Inequality & poverty Unfair treatment Assessing the scale of workplace discrimination, and efforts to stamp it out Tuesday 8 November 2022 Anti-discrimination laws have been with us since the 1960s, but despite this discrimination against workers based on protected characteristics such as race, gender and disability remains prevalent in many workplaces today. This can affect who gets which job, and means the world of work feels very different for different people. And while there are routes … Continued READ MORE
Economy 2030· Labour market· Pay Power, pay and profits What do shifts in firm and worker power mean for wages? Thursday 7 July 2022 Firms create value – at least the successful ones do. But who benefits, the firm’s owners or workers, and by how much, is often up for grabs. That’s why power in our labour market matters. It doesn’t just affect the level of wages, but the inequality of those wages too. The power of workers – … Continued READ MORE
Demographics· Labour market The new NEETs? Understanding the changing nature of youth worklessness Monday 13 June 2022 High levels of young people not in employment, education or training was a major social and economic concern in the 1990s. Decades of concerted policy action to reduce numbers across Britain has seen the scale of the problem shrink, but it has not gone away. Under the positive headlines, some forms of worklessness are on … Continued READ MORE
Ventures· Labour market· Skills From platforms to promotions How technology can boost young people’s career prospects Wednesday 18 May 2022 The way young people enter the job market from education can have a marked effect on their future prospects. Economic crises are a particularly tough time to start a career, and while the Job Retention Scheme prevented mass unemployment during the pandemic, young people still face huge challenges in terms of rising insecurity and finding … Continued READ MORE
Living standards· Labour market· Economy and public finances Catch 2022 What does the end of a global pandemic and the start of a European conflict mean for Britain’s economic outlook? Monday 14 March 2022 The end of the Covid economic crisis is finally in sight. But it has swiftly been replaced by a terrifying conflict in Europe that threatens lives in Ukraine and livelihoods far beyond its borders. The UK’s immediate post-Covid economy thankfully doesn’t include the lengthy dole queues that normally follow a recession. But it instead faces … Continued READ MORE
Economy 2030· Labour market Changing jobs? How economic change affects the world of work Thursday 6 January 2022 The labour market has changed substantially over the past 60 years – from fewer factories and more health services, to working with new machines or being replaced by them. In the decade ahead it will change again thanks to Brexit, Covid-19 and the net zero transition. But the relationship between how the labour market as … Continued READ MORE
Economy 2030· Labour market Back to the future What comes next for the UK’s post-pandemic labour market? Tuesday 23 November 2021 At the onset of the pandemic, there were widespread concerns about catastrophic levels of unemployment in the face of lockdowns. But extending the furlough scheme has kept a lid on unemployment, while the reopening of the economy this summer has sparked a ‘jobs-rush’. As the UK labour market enters a new phase, it is important … Continued READ MORE
Firms· Labour market No shame, no gain? Do firms’ reputational concerns affect their compliance with labour market laws? Tuesday 9 November 2021 In-person event and live interactive webinar. Register to receive access link. Businesses are responsible for ensuring they treat their workers fairly – from providing safe workplaces to paying staff the wages they’ve earned. But not all firms meet these standards at all times and, in the age of social media, public outcry at poor behaviour … Continued READ MORE
Covid-19· Living standards· Labour market The final furlough? Family finances in the Covid recovery Thursday 1 July 2021 The UK economy is bouncing back after the deepest downturn in over three centuries. That bounce is being felt in the labour market too, with furlough rates falling and some firms even reporting challenges hiring. However, almost three million people are still not working, while unemployment may rise later in the year. While the UK’s … Continued READ MORE
Labour market· Low pay· Pay· Living Wage Earning back better The future of low pay in Britain Monday 7 June 2021 Britain’s low-paid workers have been at the epicentre of the Covid-19 crisis – as key workers unable to work from home during lockdown, or as those most likely to have lost their jobs as our low-paying social sectors – from hospitality to retail – have closed. As the economy reopens, low-paid workers should be at … Continued READ MORE
Living standards· Labour market· Brexit & trade· Economic growth The UK’s decisive decade Launch of The Economy 2030 Inquiry Tuesday 18 May 2021 The UK is on the brink of a decade of change. In the 2020s, the country will need to not just recover from Covid-19, but also emerge from the EU, urgently transition towards a Net Zero future, and adapt to transformative technology. Instead of simply being the post-pandemic period, this is the decisive decade in … Continued READ MORE
Covid-19· Labour market· Wellbeing and mental health A hidden Covid crisis? Assessing the pandemic’s impact on young workers and their mental health Thursday 13 May 2021 Many young people have had to put their lives and livelihoods on hold over the past year. They have experienced the biggest employment hit, and a big deterioration in their mental health. But the link between these two issues of job insecurity and poor mental health is rarely discussed. As the country reopens, understanding the … Continued READ MORE
Covid-19· Monetary policy· Labour market Recovering from long Covid Understanding the pandemic’s labour market legacy Thursday 18 February 2021 The Job Retention Scheme has provided vital support for millions of workers, and kept a lid on job losses. But with the country in a renewed lockdown, the combination of rising unemployment and long lasting furlough means an unprecedented number of people who have done little to no work in nearly a year. Previous recessions … Continued READ MORE
