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Latest The Global Talent Crunch: AI - A Looming Crisis Threatens Economies Worldwide

The Global Talent Crunch: AI - A Looming Crisis Threatens Economies Worldwide

Thursday, May 2, 2024

A recent analysis conducted by Korn Ferry paints a grim picture: by 2030, over 85 million jobs worldwide could remain unfilled due to a scarcity of skilled workers. This revelation underscores the urgent need for action to bridge the gap between technological innovation and human expertise.

Older News

  • Labour Market Tracker: Employers waiting longer than usual to hire for Christmas – REC

    Labour Market Tracker: Employers waiting longer than usual to hire for Christmas – REC

    Friday, November 3, 2023

    The number of active postings in the week of 16-22 October 2023 was 2,150,083 – a 7.9% increase compared to the previous week (9-15 October 2023). This reflects higher time-to-fill in a few sectors with remaining shortages.

  • SCAMMERS TARGETING RECRUITERS ON THE RISE AS IMPERSONATION FRAUD HITS RECRUITMENT

    SCAMMERS TARGETING RECRUITERS ON THE RISE AS IMPERSONATION FRAUD HITS RECRUITMENT

    Tuesday, October 31, 2023

    VANESSA TOWNSEND 31 October 2023

    In a survey this month, conducted by banking giant NatWest, three-quarters (74%) of people have been targeted by scams in the past year alone, and 80% of those surveyed are concerned that impersonation fraud may become harder to spot in the next five years due to the rise in AI (artificial intelligence).

  • Government Calls Time on Councils Running Four-Day Weeks

    Government Calls Time on Councils Running Four-Day Weeks

    Monday, October 30, 2023

    Department for Levelling Up, Housing and Communities tells councils to cease any four-day working week trials immediately.

    The publication comes after letters from Minister Rowley to South Cambridgeshire District Council, calling on the local authority to cease its trial over value for money concerns.

  • ONS Labour Market Overview, UK: October 2023

    ONS Labour Market Overview, UK: October 2023

    Tuesday, October 24, 2023

    In the ever-evolving landscape of the United Kingdom's labour market, the October 2023 report offers a glimpse into the recent shifts and trends that are shaping the nation's workforce. This comprehensive overview highlights both the challenges and opportunities that have emerged in the labour market.

  • Half of UK professionals plan to actively look for new jobs in the next six months

    Half of UK professionals plan to actively look for new jobs in the next six months

    Monday, October 23, 2023

    A recent survey conducted by Morgan McKinley has revealed that more than half of UK professionals are planning to actively seek new job opportunities in the next six months, with a significant number citing a desire for a higher salary as their primary motivation.

  • ONS Report: Earnings and Employment in the UK - October 2023

    ONS Report: Earnings and Employment in the UK - October 2023

    Tuesday, October 17, 2023

    The Office for National Statistics (ONS) has collaborated with HMRC to present the latest findings on earnings and employment in the United Kingdom, based on Pay As You Earn (PAYE) Real Time Information (RTI) for October 2023.

    This report sheds light on the dynamic economic landscape in the UK, offering comprehensive insights into workforce and compensation trends.

  • 'Post Hiring Blues' Hitting UK Businesses, with Nearly Half of Managers Regretting Hires

    'Post Hiring Blues' Hitting UK Businesses, with Nearly Half of Managers Regretting Hires

    Friday, October 13, 2023

    A recent survey conducted by Reed, one of the UK's leading recruitment and HR consulting firms, has shed light on a growing issue among UK businesses – 'post hiring blues.' The research reveals that almost half of UK managers are experiencing regret over their hiring decisions, with nearly three-fifths wishing they had asked different interview questions before bringing new employees on board.

  • Report on Jobs: Permanent staff appointments fall at softer pace in September

    Report on Jobs: Permanent staff appointments fall at softer pace in September

    Wednesday, October 11, 2023

    Recruitment consultancies across the UK signalled a softer, but still solid decline in permanent staff appointments during September. A preference for short-term staff meanwhile supported a fresh rise in temp billings at the end of the third quarter.

  • Hiring boom fading but three-quarters of UK firms still struggle to find staff

    Hiring boom fading but three-quarters of UK firms still struggle to find staff

    Monday, October 9, 2023

    A survey by the British Chambers of Commerce found that 73% of the 5,000 companies it polled had faced hiring difficulties in the July to September quarter – a nine percentage point drop from the record high of 82% in the final three months of 2022.

  • KPMG Report: Bosses predict return to office by 2026

    KPMG Report: Bosses predict return to office by 2026

    Thursday, October 5, 2023

    More than half of business leaders have predicted that workers will return to offices for five days a week within the next three years.

    KPMG’s annual outlook survey found that 64% of the 1,300 global chief executives believe there will be a full return to in-office working by the end of 2026.