UK: NEW FINANCIAL INCENTIVES FOR EMPLOYERS
Article Abstract:
Tessa Jowell, an employment minister, is to announce adjustments to the Government's New Deal scheme, which helps unemployed people to get a job. Anyone between the ages of 18-24 will face losing their benefit for six months if they refuse training or a suitable job three times in a row. Also "gateway to work" which is a programme to help candidates to learn basic job skills will become compulsory if their personal advisor believes they require it. As financial incentives to the employers those companies that take on young people on the New Deal scheme will be paid for twelve months instead of the current six months. While training providers will receive an increase towards the cost of the fees to 20% compared to the current 10%. The Government scheme has helped 170,000 people to find work in its first two years, while long-term unemployment has fallen to 65% compared to 1995.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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EUROPE: OECD RELEASES REPORT
Article Abstract:
The Organisation for Economic Co-operation & Development (OECD) believes that Italy and Germany have the most acute variations with regard to employment and unemployment levels among the economies of Europe. In a report released on 20 June 2000, the OECD believes that the UK, France and US have the largest discrepancies between regions with regard to earnings. The much talked about North-South divide in the UK is also dismissed as a myth by the report. Spain and Belgium also have major regional disparities in employment and unemployment. The OECD's findings are regarded as confirmation that the UK and US employment markets are more flexible than across continental Europe. In terms of productivity, the UK was placed 18th out of 29.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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UK: HAPPINESS LINKED MORE TO JOBS THAN FAMILY
Article Abstract:
Interviews with 6,000 Britons over the space of eight years have found that happiness and fulfilment are more closely linked to jobs than to family life. The mental well being of those who had lost their partners through the breakdown of marriage or a long-term relationship was 50% higher than that of those who had lost their jobs. Since dramatic effects on happiness levels were not affected by large falls in income, it is thought that the non-monetary benefits of work are those that define happiness. Long working hours, low maternity benefits and an unwillingness of employers to allow staff to make personal lives a priority have contributed to the importance of work to happiness.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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