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Figures from the Office for National Statistics reveal UK unemployment fell by 64,000 to 1.49m in the quarter to May, with the unemployment rate falling by 0.2% to 4.5%, the lowest rate since records began in 1975.
Meanwhile, the UK’s employment rate rose by 0.3% on the quarter to a record high of 74.9%.
Commenting on the figures, careers site totaljobs’ HR director David Clift said the latest fall in the unemployment rate shows just… Read more
Japan's labour shortage has pushed job-hopping to its highest since the global financial crisis, reports Reuters. The number of job-hoppers rose for the seventh straight year to 3.06 million in 2016, the highest since 2009, accounting for 4.8% of the labour market. The trend of job-hopping is being led by mid-career workers as companies are said to be seeking experienced managers and engineers and offering higher pay. Enhancing labour mobility is expected to help… Read more
The salary outlook for procurement and supply professionals is already positive, with pay packets growing for the third consecutive year at 5.3%, well above the UK average of 2.2%.
Organisations have never been so aware of the cost saving benefits of an effective procurement function, and in turn professionals are increasingly being given a strategic seat at the decision-making table.
It’s an exciting time to be working in the profession and, with this in mind,… Read more
Flexibility is a top consideration for 76% of candidates in mainland China when it comes to weighing potential offers from new employers, according to survey data from international recruitment firm Hays.
The poll from Hays also shows that 16% of candidates in mainland China were unsure about how they would rate flexibility as a job-hunting consideration.
“Candidates are expecting greater flexibility around their hours of work which in turn, has increased their work-life balance… Read more
China to further open up its economy to foreign investors
DALIAN -- China will further expand market access in the service and manufacturing sectors, relax restrictions on foreign ownership, and treat Chinese and foreign companies on an equal basis, Premier Li Keqiang said Tuesday.
Li made the remarks when delivering a speech at the opening ceremony of the Annual Meeting of the New Champions 2017, also known as Summer Davos, in the northeastern coastal… Read more
Seven out of ten parents don’t want their kids to work in logistics – at least that’s what a Freight Transport Association found in a Twitter poll.
Not only that, supply chain and procurement management is hardly flavour of the month either, if a survey by recruiter Robert Walters is anything to go by. It found that 47 per cent of employers expect to face shortages of supply chain and procurement professionals this year –… Read more
British workers who are fluent in Japanese or Chinese can expect to be the most handsomely rewarded, new research shows. According to jobsite Adzuna, a year on from Brexit, UK employers are increasingly looking to those who have non-European second languages.
German, last year’s highest paying language, dropped to fourth place as advertised salaries fell 1.8% to £31,030. German language skills do still promise the most job opportunities, with 8,154 vacancies across the country.
Source: yahoofinance.comRead more
With the advent of new technologies and the evolution of work due to AI, opportunities for workers with digital technology skills as well as other sectors, in China, could rise according to international recruitment firm Hays China.
“With each new industrial revolution we have seen a shift in the types of jobs within the affected sectors,” Simon Lance, Managing Director of Hays in China, said. “While we can expect some roles to become extinct, demand… Read more