HR in Review 54 – UK Jobs: What to Expect in 2024

-

About this Episode

In this HR in Review episode, we take a pulse of the current labour market and try to predict what the UK and EU economies can expect in the year ahead.

Guest: Julius Probst

Bill Banham’s guest is Julius Probst, PhD, European Labor Economist at Appcast, and speaker at DisruptHR Cambridge on Oct 24.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Julius was born in Germany but has mostly studied abroad. He did his High School in France and his Bachelors in the Netherlands. He graduated with a Masters in economics and a PhD in economic history from Lund University in Sweden. During the final year of his PhD, Julius worked for half a year for the European Central Bank.

After graduation, he worked for Macrobond Financial for three years, a macroeconomic and financial data provider. Since January 2020, Julius has worked as Appcast’s European labour economist. In that role, he is a regular contributor at Recruitonomics where he writes about the UK’s and Europe’s labor market and economic outlooks.

Questions for Julius include:

  • How is the UK economy doing right now? There were a lot of recession calls last year, why haven’t they happened yet?
  • How is the labour market doing currently compared to last year? What is happening to vacancies? Why is the unemployment rate so low even if there is zero growth?
  • The falling number of job vacancies in the UK: How many jobs has AI replaced?
  • Unlike the falling populations of Japan and Germany, the UK population will rise from 67 million in 2020 to 74 million by 2060. How has Brexit affected the labour market and the economy? Is the record net migration the UK had last year compensating for missing workers? Why not?
  • What are the key structural problems that are holding back the UK economy?
  • What is the outlook for the rest of the year and 2024? Is the Bank of England risking a recession?
  • If you could pass on one crucial lesson you have learned in your career – in one minute or less – what would be your top tip for HR professionals and leaders?
  • What is the single biggest change you think will happen in HR and leadership over the next 5-10 years?

Want to get the HR in Review podcast straight in your podcast app?

Click here to join the HR in Review podcast

Join the (Free) Premium Podcast Here!

Join the Premium Podcast

You can join our premium podcast channel for free right here.
No Adverts | Early Content | Bonus Content

Bill Banham is Editor at HR Gazette, Host of the popular HRchat Podcast, Associate Editorial Director with HRreview, and co-organizer of such HR, Talent, and leadership-focused events as InnovateWork, Hacking HR Toronto, and DisruptHR London. He has interviewed inspiring leaders across the globe from such brands as NASA, the US Government, Simon Sinek, UPS, ADP, SAP, Salesforce, and the United Nations. Bill has 15+ years of experience in editorial, events management, marketing, SEO, advertising, business development, data management, research, and professional development.

 

Latest news

Helen Wada: Why engagement initiatives fail without human-centric leadership

Workforce engagement has become a hot topic across the boardroom and beyond, particularly as hybrid working practices have become the norm.

Recruiters warned to move beyond ‘post and pray’ as passive talent overlooked

Employers risk missing most candidates by relying on job boards as hiring methods struggle to deliver quality applicants.

Employment tribunal roundup: Appeal fairness, dismissal reasoning, discrimination tests and religious belief clarified

Decisions examine appeal failures, dismissal reasoning, discrimination claims and religious belief, offering practical guidance on fairness, causation and proportionality.

Fears of AI cheating in hiring ‘overblown’ as employers urged to rethink assessments

Employers may be overstating concerns about AI misuse in recruitment as evidence of candidate manipulation remains limited.
- Advertisement -

More employees use workplace health benefits, but barriers still limit access

Many workers struggle to access employer healthcare support due to confusion, costs and unclear processes.

Gender pay gap in tech widens to nine-year high as AI roles drive salaries

Women in IT earn less as salaries rise faster in male-dominated AI and cybersecurity roles, widening pay differences.

Must read

Andy Bowness: What impact can wellness programmes have on staff retention?

When it comes to staff retention, promoting employee wellbeing should never be underestimated by business leaders. When you break it down, wellbeing at its simplest level is about personal happiness. It stands to reason that employees who feel good and live healthily are likely to be your longest standing and most productive team members.  Invest in their health and you invest in your business.

Ann McCracken: Stress versus pressure

20 years ago I gave up my scientific research...
- Advertisement -

You might also likeRELATED
Recommended to you