The UK labour market is gradually cooling off amid a challenging economic climate which looks set to continue in the new year, according to the 2024 UK Jobs & Hiring Trends Report from global matching and hiring platform Indeed.
Senior business leaders are utilising a range of AI tools to drive cost-savings for their organisations as businesses continue to tighten their belts. But more education and training are needed to reduce fears amongst employees and enable businesses to fully embrace the benefits of AI.
The report, which is based on a survey of 300 HR and Learning and Development (L&D) decision makers in UK businesses, found 85% of organisations believe apprenticeships are a key route for social mobility.
As the cost-of-living crisis intensifies across the United Kingdom, more than half of workers find themselves having to forgo their traditional Christmas breaks, as financial constraints make taking time off unfeasible for the majority.
Four out of five (81%) business leaders in the UK say Generative AI will benefit their employees, according to new research from LinkedIn, the world’s largest professional network that recently reached 1 billion members.