Jobs are more secure than people think

Article Abstract:

Job insecurity in the UK is not rife and jobs are more secure than most people think, according to a study for UK chancellor Gordon Brown on the typical length of time people stay in a job. The study revealed that the average worker typically had worked in their job for 5 years and 2 months in 1995, down just 4 months on the 1985 figure. Most people's jobs were shown to last just over 10 years. In contrast to this, under 50% of the workforce felt their jobs were secure. Job tenure has increased for women under 50 and those with children in particular from just under 2 years to over 3 years for 25-34 year-olds with dependent children. Older men over the age of 50 have seen the largest fall in job tenure staying in the same job for 12 years and 10 months in 1995 compared with 15 years and 10 months in 1985.

Comment:

UK: Study reveals that average worker typically had worked in their job for 5 yrs & 2 mos in 1995 down just 4 mos in 1985 figure

Employment

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Minimum wage "will harm youth jobs"

Article Abstract:

Researchers working on the annual Employment Outlook report from the Organisation for Economic Co-operation and Development (OECD) published on 22 June 1998 have found that the establishment of a minimum wage lowered the number of job opportunities for young people in the 17 OECD member countries in which it operates, even though overall, the effect on jobs was minimal. In addition, a separate study by the OECD on the UK economy to be published on 23 June 1998 confirms that this would be the effect of a high minimum wage in the UK, where an estimated 100,000 people will become unemployed in 1999. During 1997, UK unemployment recorded one of the biggest falls among the 29 member states compared with the US, Canada, Mexico Spain and Turkey, where unemployment rose for the first time since 1993.

Comment:

UK: Study on economy to be published on 6/23/98 confirms that effect of high minimum wage is lower job opportunities

Unemployment

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Jobs law reform 'burden to firms'

Article Abstract:

Employers in the UK are questioning the government's assertions of its commitment to business following the announcement of a new radical Employment Law. The Engineering Employers' Federation has submitted a document to the government which claims that the 'fairness at work' proposal will make it easier for workers to strike, and will reduce productivity and flexibility. In particular, the federation is concerned about the proposal which allows automatic recognition for a union where over 50% of employees are members. Some unions have been offering discounts to gain more members. The federation also believes that the removal of limits on compensation for unfair dismissal will discourage voluntary agreements.

Comment:

UK: Employers question govt's assertions of its commitment to bsns following announcement of new radical Employment Law

Government regulation (cont), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Labor Regulation & Services, Labor policy

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