Looking at pay, over a third of the highest-risk jobs have a below median hourly pay rate (currently £13.21 in the UK). Care escorts, dental nurses, and nursing auxiliaries and assistants are among the lowest paid and all range between £9.45 and £10.93.
Enter your 2019 Economic Forecasts!
One of the prevailing narratives in economics over the past few decades has been the stifling of wage growth. The NAIRU provides an interesting lens through which to gauge labour market slack. The recent decreases….
Chart of the Week: Historical Trends in UK Unemployment and Effects on Wage Growth
One of the prevailing narratives in economics over the past few decades has been the stifling of wage growth. The NAIRU provides an interesting lens through which to gauge labour market slack. The recent decreases….
Chart of the Week: Impact of AI on UK Jobs by Sector
Recent advances in artificial intelligence have been incorporating cognitive skills that show potential to supersede human ability. Although the potential is vast, there will be attendant job insecurity in many industries, with many of those laid off lacking the necessary skills to benefit from the jobs AI creates….