Rolling coverage of the latest economic and financial news
- Growth in job adverts shows no signs of slowing ahead of Christmas
- Active job postings hit 2.68 million last week, another new record high
- Driving instructors, prison officers and fork-lift truck drivers in increasing demand in the UK
- But construction vacancies hit by shortages of supplies
- UK economic recovery slows sharply as GDP grows by 1.3%
Despite the UK’s tight labour market, there are concerns that women who work mostly from home risk seeing their careers suffer.
Bank of England policymaker Catherine Mann warned that with significant numbers of workers returning to the office, those who stay away risk their careers suffering — as a ‘two track’ workplace develops.
“Virtual platforms are way better than they than they were even five years ago. But the extemporaneous, spontaneity – those are hard to replicate in a virtual setting.
“There is the potential for two tracks. There’s the people who are on the virtual track and people who are on a physical track. And I do worry that we will see those two tracks develop, and we will pretty much know who’s going to be on which track, unfortunately.”
