UK Companies Are Cracking Down on Flexible Jobs
April 26, 2024
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1:30Despite Confusing Data, the US Economy Is Strong | Presented by CME Group
0:55Now PlayingUK Companies Are Cracking Down on Flexible Jobs
YouTube Description
as posted by the channelUK employers are scaling back on advertising jobs that offer flexible schedules, reining in part-time and remote work from peaks seen in the pandemic.
Simple black type logo for the Bloomberg UK Reed Jobs Report
Using Reed Recruitment’s job vacancy data, Bloomberg will produce monthly readouts on the state of the jobs market in England.
An analysis of data for England from Reed Recruitment provided to Bloomberg suggests a decline in workplace flexibility could undermine the recent increase in the number of hours women were willing to work. It also poses problems for the government’s effort to bring more inactive people back into the workforce to ease tightness in the labor market.
“Flexible” job postings were down 4% in February from 2022, after stagnating close to pre-Covid levels for the last couple of years, the Reed data shows. Vacancies mentioning “flexible hours” or “part time” positions fell by about 40% since 2022 and are now below levels seen during lockdowns.
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