Employment

  • Is there a real link between internships and employment?

    Where did You Intern?

    In today’s hyper competitive job market, internships are becoming a must-have on almost every job applicant’s CV. However, when should a worker be paid for an internship, and is the rise of unpaid internships simply broadening the gap between those who can afford to work for free and those who can’t? We explore these and other issues in this Internships Investigated series.

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  • It helps if one finds one's work meaningful.

    What Makes Us Want to Work?

    While most people spend a good proportion of their life at work, few will ever stop to consider whether their work is meaningful. “Meaningfulness” is not something that tends to feature in our daily thoughts, preoccupied as we often are by more mundane matters like rent, bills and lunch.

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  • Pursue every path, but reach out to your friends for a job.

    The Ties that Get You a Job

    More than half of jobs are found with the help of a social tie, whether a friend, relative or distant acquaintance. For example, a friend may tell you about a job opening at her firm or a parent may offer you an internship at his company.

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  • Your best friend may not be the best way to find a new job.

    Check with your BFF when Looking for Work...or Not

    Many people claim to have a broad social circle, but we are all more likely to consider only a handful of people as our “close” friends. These are the ones we turn to when we want advice or company. More importantly though, friends like these can give empathy and support at a time of need.

    Finding yourself out of work involuntarily is clearly just such a moment, and so naturally, you turn to your closest friends for help getting back in the job market. That’s what friends are for, right?

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  • The U.K. is raising the minimum wage, but it won't help everybody.

    Even in the U.K. a Higher Minimum Wage is no Panacea

    As of April 1, the UK’s new National Living Wage (NLW) means a compulsory pay rate of £7.20 an hour for over-25s. Some see it as little more than a clever piece of branding by George Osborne, an addition of only 50p per hour to the existing National Minimum Wage (NMW). After all, it still falls well short of the £8.25 voluntary accredited living wage outside London – which is based on my research on actual living costs – let alone the £9.40 London rate.

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  • Labor inequality needs more research on the underemployed and part-timers.

    Labor Market Bias Goes Beyond Unemployment Data

    When we think about disadvantages and challenges in the labor market, unemployment generally takes center stage, clearly exemplified by the monthly jobs report hype over one stat: the unemployment rate.

    Is it up or down? What will it be next month?

    The same is true in the academic world. While there is voluminous research on the causes and consequences of unemployment, there is less scholarship (although certainly some) on what it means to be involuntarily working part-time or to be stuck in a job that doesn’t fully utilize your skills.

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  • There is a lot of blame being thrown around regarding income inequality.

    Who to Blame for Economic Inequality?

    Economic inequality is now firmly on the public agenda as candidates and voters alike look for someone to blame for stagnant wages, entrenched poverty and a widening gap between rich and poor.

    Bernie Sanders blames Wall Street. Donald Trump points his finger at companies moving overseas. Hillary Clinton identifies middle-class families who are working harder but staying in place as the root cause.

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  • Where you live may determine how long you work.

    How Long Do You Plan on Working?

    The longer life expectancy of people in industrialised countries means governments are raising the ages at which citizens can apply for state pensions.

    In the UK, state pension age for both men and women is set to rise to 66 by October 2020, and 68 by 2046. Now the government has launched a review to look at whether it should rise even higher in the future.

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  • Employment rights would come under attack in the event of a Brexit.

    Employment Rights Could Take a Hit from a Brexit

    Imagine a country in which there is no statutory right to paid holiday, no legal limit on the number of hours employees can be required to work, no right to a daily rest period, no laws to prevent employers discriminating against workers who are disabled or who have particular religious beliefs, and no right for employees to take time off work to look after a sick child.

    This was the UK before the New Labour government was elected in 1997. Since then a substantial number of employment rights have been introduced – most of which have their roots in EU legislation.

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