Time for a break from your job search? Check out our run down of the news which caught our attention from the UK employment industry this week.
Migrants could be answer to construction labour shortfall
A new report has revealed that there could be a massive discrepancy between construction projects and workforce available by April 2015, amounting to a 20% labour shortfall. Migrant workers could be the answer to filling the immediate skills gap.
SMEs will see biggest jobs growth, according to British Chambers of Commerce
The British Chambers of Commerce (BCC) has conducted a recent Workforce Survey, with results showing that small to medium-sized UK businesses are likely to lead the way in terms of growth over the next 12 months. The study has shown that companies at this stage of operation are seeing enough work to take on further hires, and have the confidence to offer permanent positions.
Profits better than expected for high street retailer
Big-name brand Marks and Spencer has attracted soaring share prices this week as the high street retailer announced a welcome profit increase – the first in four years. Due to the warmer autumn, sales in clothing dropped however profits from general merchandise across the year led to an uptick in profit.
CV-Library has teamed up with mens formalwear brand Moss Bros. to offer CV-Library candidates the chance to win interview attire. Male candidates can log in to their accounts at any point throughout November and follow the banner to enter the competition.
Engineering group Rolls-Royce plans global workforce cuts
With a current workforce of 55,000 across the world, engineering group Rolls-Royce has announced significant cuts in a big to strenghthen the business long term. Around 800-1200 jobs will be lost from UK sites Derby and Bristol.
Record number of disabled people are now employed
The Jersey Employment Trust have announced that the area is now experiencing the highest number of disabled people within the workforce. Industries such as carpentry and horticulture have seen the biggest rise in employees.
Organisation predicts future careers to be science fiction
STEM – The Science, Technology, Engineering and Mathematics network have carried out research into when four popular science fiction technologies – including invisibility cloaks, teleportation, time travel and space tourism – will form the basis for viable careers. The research was used as a backdrop for The Big Bang Careers Fair in Birmingham.
And some news from across the pond…
Thirteen years after its destruction, the newly built One World Trade Centre has re-opened for business. Top publisher Conde Nast is the first business to move in, with 170 employees making the initial move and 3,000 more arriving in the first half of 2015.