Browsing: workforce

LSE economists, two of them Treasury advisers until recently, put UK productivity growth at “an annualized productivity growth of 1.6 per cent between 2024 Q3 and 2026 Q1, compared with only 0.3 per cent over the decade preceding 2024 Q3”. The tax records underpinning that finding show employment falling by 133,000, where official statistics report…

The contact center’s unit of value is changing. For years, the dominant metric was deflection — how many interactions could be kept away from a live agent. That framing is showing its limits. A deflected contact that isn’t actually resolved just moves cost somewhere else: a callback, a repeat interaction, a churned customer. The more…