1/ @Jamescecon and I regularly update these #WFH charts using @ONS labour force survey data. I've no idea when it will settle. The end of these charts look like frayed knots. Firstly #WFH by broad occupation (in @CIPD lovely new brand colours)
@econcallum I wrote in 2022 about how half of the increase could be explained by demography. I think the other half was things like early retirement which naturally works through the system - https://t.co/IBrmfMSzlo
@mmamertino@ONS@UKDataService It doesn’t exist annoyingly. Does in lfs though. You can a. stitch together a bunch of lfs datasets, b. Some cuts available through NOMIS query, c. Ask the social surveys team politely to do it for you, d. Become a secure access researcher and get it yourself.
@NobleFrancis It's interesting to put other sectors alongside construction. It then doesn't seem so bad. But then again, perhaps the UK has a business failure problem.
@stabiloFFC@timleunig students. There is literally a block of student flats next to the bus station in this exact same location. and single family homes on the other side of the road.
Check out my latest article: This morning, we publish the Core Five Q4 Market Update - Below are some of the highlights https://t.co/2YXCmxkc7Q via @LinkedIn
Great chart from @JonathanBoys - among people aged 55-64 in work, one in seven (15%) want fewer hours *and* less pay.
Employers should facilitate people switching to part-time roles to retain them - and prevent them leaving the workforce.
https://t.co/hgLg78xxs3
@mbcorney@HAblett@CIPD I applied the employment rates from 30 yrs ago to todays population of 16-24 (irrespective of any question about study) so it does take that into account. Here is my longer blog. Also shows FT students increasingly do not combine work and study - https://t.co/EyslGWf87x
1/6 Can older workers can be encouraged to join the labour market?
Populations are ageing ➡️ shrinking workforce
All else equal ➡️ lower economic growth
The hope is that technology can increase productivity. #AI to the rescue
But what about the other side?
@DuncanLamont2 I did some sums to show we would have 1mn more people in work if young people had the same employment rates as 30 years ago. Quoted in a couple of papers this week. I think people might soon be considering the trade off between labour supply and education https://t.co/EyslGWf87x
@HeejungChung About 1/4 people in their 30s work mainly from home but it depends on occupation. If you are not an office worker its very hard to find this type of work.
@DrAdamJones It's definitely one of the big concerns when I talk to people (It's not something I worry about too much). ChatGPT can do a lot but most analysis is run locally with help to get code or excel formulas.
@LibHousing Big difference between owning outright or a young couple with a 5% deposit/absolutely mortgaged to the hilt. Does a LVT treat these the same? A tax on equity seems fair but a tax on debt doesn’t sound progressive to me (have I missed something?)