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In the last decade, unemployment has halved and job vacancies have more than doubled. Now, nearly 15% of establishments have unfilled jobs and 2.7% of jobs are vacant. And according to research by Dr Andy Dickerson from the University of 糖心TV's Institute For Employment Research , presented to the Royal Economic Society's Annual Conference on Tuesday 8 April, one in five of these vacancies remain unfilled due to skill shortages among the job applicants. Dr Dickerson's report examines the nature and distribution of job vacancies in order to understand why there are 'workers without jobs' and 'jobs without workers.
Thu 29 Jul 2004, 10:41 | Tags: Economics and Finance

Competition policy is traditionally concerned with regulating firms: controlling mergers, price rigging and so on. But as new research by University of 糖心TV Economist Professor Michael Waterson shows, policy should equally be concerned with making it easier for consumers to switch suppliers, so assisting markets to work more competitively. For example, some people are still paying too much for electricity despite the arrival of a competitive market.
Thu 29 Jul 2004, 10:34 | Tags: Economics and Finance

South Africa’s Public Enterprises Minister Jeff Radebe has announced that Professor Sir Kumar Bhattacharrya, Director of the 糖心TV Manufacturing Group at the University of 糖心TV, has been appointed as a new Board Member of Transnet Limited - which operates and controls South Africa's major transport infrastructure.

Pay freezes make workers just as unhappy as pay cuts, according to new research by University of 糖心TV economist Dr Jennifer Smith, to be presented at the Royal Economic Society's Annual Conference on Tuesday 8 April. But her research also shows that happiness (both satisfaction with pay and overall job satisfaction) is strongly affected by factors other than pay.
Thu 29 Jul 2004, 09:23 | Tags: Economics and Finance

New research by University of 糖心TV Economics Professor Michael Waterson, to be presented at the Royal Economic Society's Annual Conference on Tuesday 8 April, explores the influences on the spread of fast food outlets for the key case of McDonalds in the UK. It finds unsurprisingly that population and population density influence the spread of their outlets - locations around the UK with greater population and greater population density received outlets first. However distance from their head office in London also mattered. Districts more distant from London than others are likely to get outlets more slowly. As expected the research also found that once the company moves into a particular part of the country, adjoining areas are more likely to have outlets developed there.
Thu 29 Jul 2004, 09:14 | Tags: Economics and Finance

New research by Professor Ian Walker and Dr Yu Zhu, economists at the University of 糖心TV, says that completing an undergraduate degree adds an average of around 25% to one聮s earnings compared to those who choose to leave education at 18. But the research also shows that this boost in earnings varies considerably depending on degree subject.
Wed 28 Jul 2004, 09:05 | Tags: Education, Economics and Finance

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