Last week, the International Labour Organisation (ILO) released their annual World of Work report. It contains some stark warnings, particularly for mature economies where it does not expect employment levels to return to pre-crisis levels before 2017. Getting people back into work, the report says, will be a “major global challenge” for years to come and the threat of “social unrest” a major risk.
Fifty years on from the world’s first personal computer going into mass production, the Grant Thornton International Business Report reveals the scale of technology’s influence on business with the majority of firms now planning to automate operations and practices, potentially resulting in job losses.
Grant Thornton’s new Global business pulse shows that businesses in the EU have been badly hit by the effects oif COVID-19.
Dave Dunckley, CEO of Grant Thornton UK, outlines on why male business leaders need to be championing gender parity in their businesses.
The impact of the US Tax Cuts and Jobs Act (TCJA) on corporate earnings and investment plans are appearing significant and further opportunities are unfolding.
Developers, property companies, investors and homeowners suffered disproportionately during the financial crisis. But now, finally, expectations for profitability, jobs and orders are all on the rise.
Business leaders in the hospitality & tourism sector are continuing to do ‘more with less’ according to the Grant Thornton International Business Report (IBR) Q3 results. Expectations for business growth remain robust, but job creation is fairly stagnant, reflecting a broader drive for efficiencies within the sector.
Will the CMU positively impact the dynamic businesses that drive growth across the EU? The EC estimates today that the EU’s medium sized enterprises receive one fifth of the funding that their counterparts in the United States can access. Clearly the EC would like to eliminate the gap, allowing the growth engine of the EU to benefit from simpler, more ready access to capital with an intended benefit of stronger growth and jobs.
Rising labour costs and the quest for productivity are driving businesses to automate. Finding new roles for redundant workers will be the next challenge.
According to our International Business Report (IBR), Asia Pacific businesses have an appetite for automation. What are the risks and opportunities at the heart of the automation revolution?