Tag #Hiring Freeze

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theglobeandmail.com

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Dec 12, 04:08

BC Government Imposes Hiring Freeze Amidst Record Deficit

Facing a record \$9-billion deficit, the British Columbia government implemented an immediate hiring freeze for most civil service positions, excluding essential frontline roles, ahead of upcoming union contract negotiations.

BC Government Imposes Hiring Freeze Amidst Record Deficit

Facing a record \$9-billion deficit, the British Columbia government implemented an immediate hiring freeze for most civil service positions, excluding essential frontline roles, ahead of upcoming union contract negotiations.

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What is the immediate impact of British Columbia's civil service hiring freeze?

"The British Columbia government announced a temporary hiring freeze for all but essential frontline civil service positions, effective immediately. This follows a record \$9 billion deficit and precedes upcoming contract negotiations with public sector unions. The freeze is intended to control spending and optimize resource allocation."

lemonde.fr

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Dec 5, 13:08

French Political Uncertainty Triggers Sharp Business Slowdown

Political uncertainty in France following the dissolution of the Assembly has caused a sharp decline in business investment and hiring, impacting companies of all sizes and leading to job losses, as evidenced by a 10% reduction in Somater's workforce and a 75% drop in Societe.com's revenue from the ...

French Political Uncertainty Triggers Sharp Business Slowdown

Political uncertainty in France following the dissolution of the Assembly has caused a sharp decline in business investment and hiring, impacting companies of all sizes and leading to job losses, as evidenced by a 10% reduction in Somater's workforce and a 75% drop in Societe.com's revenue from the ...

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What are the specific economic factors, beyond political uncertainty, contributing to the current challenges faced by French businesses?

The dissolution of the French Assembly created significant uncertainty regarding the budgetary and fiscal framework, leading to a widespread freeze on investments and hiring across various businesses. This uncertainty, compounded by existing economic challenges, is hindering long-term planning and investment, affecting companies of all sizes. The resulting instability is severely impacting business activity and growth.

dailymail.co.uk

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Dec 10, 04:08

Labour's Budget Triggers Hiring Freeze, Economic Uncertainty

Labour's £25 billion employer national insurance hike has prompted businesses to freeze hiring, causing economic stagnation and impacting household confidence, particularly in the housing market where rising mortgage rates add further strain.

Labour's Budget Triggers Hiring Freeze, Economic Uncertainty

Labour's £25 billion employer national insurance hike has prompted businesses to freeze hiring, causing economic stagnation and impacting household confidence, particularly in the housing market where rising mortgage rates add further strain.

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How are rising mortgage rates, influenced by the recent budget, affecting household confidence and the housing market?

The increase in employer national insurance, costing businesses up to 33% more per lower-wage worker, directly impacts hiring decisions and wage growth. Manpower's survey of over 2,000 firms shows stagnant hiring confidence despite a positive balance, indicating a 'wait-and-see' approach by employers due to the budget's uncertainty. This is supported by the Recruitment and Employment Confederation's findings of a sharp decline in company hiring.

Showing 13 to 15 of 15 results