Tag #Labour Market

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forbes.com

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Feb 11, 01:09

Employee Development Outperforms 'Fire and Hire' in Boosting Firm Performance

This article analyzes the cost-effectiveness of two talent management strategies: replacing low-performing employees versus investing in employee development, concluding that employee development yields higher returns with lower risk and offering a case study of 3M.

Employee Development Outperforms 'Fire and Hire' in Boosting Firm Performance

This article analyzes the cost-effectiveness of two talent management strategies: replacing low-performing employees versus investing in employee development, concluding that employee development yields higher returns with lower risk and offering a case study of 3M.

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Decent Work and Economic Growth

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How do the long-term performance impacts of hiring external talent compare to developing internal talent?

Studies show external hires take years to reach the productivity of internal promotions and cost significantly more. Investing in employee development, even moderately, yields substantial returns by increasing the overall performance of the workforce. This contrasts sharply with the high costs and uncertain returns of replacing employees.

welt.de

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Feb 11, 16:09

German Union Threatens Major Strikes Before Federal Election

Warning strikes threaten to severely disrupt German public transport and air travel before the federal election, as union Verdi demands an improved pay offer from employers representing the federal and municipal governments. Failure to reach a deal could significantly impact the election and the eco...

German Union Threatens Major Strikes Before Federal Election

Warning strikes threaten to severely disrupt German public transport and air travel before the federal election, as union Verdi demands an improved pay offer from employers representing the federal and municipal governments. Failure to reach a deal could significantly impact the election and the eco...

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What are the long-term implications of this labor dispute for German labor relations, economic stability, and public trust in governmental institutions?

The looming federal election adds significant pressure to this labor dispute. The potential for widespread disruption to transportation and public services before the election could significantly impact voter turnout and the election outcome. The dispute's resolution will likely influence public perception of the government's economic and social policies.

forbes.com

🌐 75% Global Worthiness

Feb 11, 22:14

Inefficient Hiring Processes: Causes, Consequences, and Solutions

The article discusses inefficiencies in the hiring process, highlighting how unrealistic expectations, slow decision-making, and communication breakdowns harm both job seekers and employers, offering solutions to improve efficiency.

Inefficient Hiring Processes: Causes, Consequences, and Solutions

The article discusses inefficiencies in the hiring process, highlighting how unrealistic expectations, slow decision-making, and communication breakdowns harm both job seekers and employers, offering solutions to improve efficiency.

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Decent Work and Economic Growth

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What are the primary causes of delays and inefficiencies in the current hiring process, and what are their immediate consequences?

Many hiring managers seek perfect candidates, delaying the process and losing opportunities. Job seekers should highlight potential and adaptability, while recruiters should push for realistic expectations from hiring managers, focusing on essential skills.

dailymail.co.uk

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Feb 11, 04:08

UK Launches Mobile Jobcentres to Combat Youth Unemployment Crisis

UK Employment Minister Alison McGovern calls high youth unemployment a "disaster," launching mobile Jobcentres to address the 946,000 young people aged 16-24 not in employment, education, or training as of late 2022; the program is expanding across the UK.

UK Launches Mobile Jobcentres to Combat Youth Unemployment Crisis

UK Employment Minister Alison McGovern calls high youth unemployment a "disaster," launching mobile Jobcentres to address the 946,000 young people aged 16-24 not in employment, education, or training as of late 2022; the program is expanding across the UK.

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Decent Work and Economic Growth

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What is the immediate economic impact of high youth unemployment in the UK, and what government actions are being taken to mitigate it?

The UK Employment Minister warns that youth unemployment is a "disaster" for the economy, citing 946,000 16-24 year-olds not in employment, education, or training (September-November 2022). New mobile Jobcentres aim to address this by bringing services directly to communities.

cincodias.elpais.com

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Feb 11, 10:09

Spain's Labor Reform: Increased Employment, Diminished Job Quality

Spain's 2021 labor reform, three years on, shows increased employment and growth, but job quality has suffered; while permanent contracts rose 24%, part-time work surged, with 706,000 fixed-discontinuous contracts by late 2024, highlighting persistent precarity despite improved statistics.

Spain's Labor Reform: Increased Employment, Diminished Job Quality

Spain's 2021 labor reform, three years on, shows increased employment and growth, but job quality has suffered; while permanent contracts rose 24%, part-time work surged, with 706,000 fixed-discontinuous contracts by late 2024, highlighting persistent precarity despite improved statistics.

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How has the increase in part-time contracts, specifically fixed-discontinuous contracts, affected the level of job precarity and income inequality in Spain?

While the number of permanent contracts increased by 24% (from 12.6 million to 15.7 million) between late 2021 and late 2024, this improvement is offset by a surge in part-time work. The number of part-time workers rose to over 3 million, with fixed-discontinuous contracts (a type of part-time contract with periods of unemployment) doubling since 2019, reaching 706,000. This masks a considerable level of precarious employment.

theguardian.com

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Feb 11, 13:11

AI Recruitment Tool Reduces Bias and Improves SME Hiring

Employment Hero's SmartMatch AI recruitment tool combats bias by focusing on skills and capabilities, creating "employment passports" for jobseekers, and providing a sophisticated matching system for SMEs to improve hiring outcomes and reduce costs associated with bad hires.

AI Recruitment Tool Reduces Bias and Improves SME Hiring

Employment Hero's SmartMatch AI recruitment tool combats bias by focusing on skills and capabilities, creating "employment passports" for jobseekers, and providing a sophisticated matching system for SMEs to improve hiring outcomes and reduce costs associated with bad hires.

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52% Bias Score

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Decent Work and Economic Growth

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What are the limitations of traditional keyword matching in recruitment, and how does SmartMatch's holistic approach overcome these limitations?

SmartMatch addresses unconscious human biases in recruitment by analyzing candidates' entire profiles for a holistic view of experience, going beyond keyword matching. This approach overcomes issues like job title inflation and overly positive references, offering a more accurate assessment of skills and capabilities. The system also builds detailed profiles of SMEs, enabling improved matching and anticipating future needs.

forbes.com

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Feb 11, 04:08

Portfolio Careers Rise Amidst Economic Uncertainty and Technological Change

Driven by economic uncertainty and technological change, portfolio careers—where professionals juggle multiple roles—are surging, with freelancers projected to reach over 50% of the U.S. workforce by 2027, offering flexibility but demanding strong self-management.

Portfolio Careers Rise Amidst Economic Uncertainty and Technological Change

Driven by economic uncertainty and technological change, portfolio careers—where professionals juggle multiple roles—are surging, with freelancers projected to reach over 50% of the U.S. workforce by 2027, offering flexibility but demanding strong self-management.

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Decent Work and Economic Growth

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How do technological advancements and economic uncertainty influence the shift towards portfolio careers?

Economic instability, AI-driven job market changes, and a desire for flexibility are driving the adoption of portfolio careers. This diversification strategy mitigates risk associated with traditional employment, as seen in the projected increase of freelancers to over 50% of the U.S. workforce by 2027. A Harvard Business School study further illustrates this shift, revealing that 40% of workers would accept a 5% pay cut for remote work options.

zeit.de

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Feb 11, 16:09

Imminent Strikes Threaten German Public Transportation Before Federal Election

In Germany, public sector labor negotiations are threatening major disruptions to public transportation and air travel before the upcoming federal election, with Verdi union officials warning of escalating strikes if employers fail to present an offer in upcoming talks impacting 2.5 million employee...

Imminent Strikes Threaten German Public Transportation Before Federal Election

In Germany, public sector labor negotiations are threatening major disruptions to public transportation and air travel before the upcoming federal election, with Verdi union officials warning of escalating strikes if employers fail to present an offer in upcoming talks impacting 2.5 million employee...

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How does the current labor dispute compare to similar conflicts in 2023, and what factors contribute to the high level of member dissatisfaction within Verdi?

The current labor dispute mirrors a similar conflict in 2023, which saw extensive strikes across various sectors of public service and led to widespread disruption of public transport, stranding 380,000 travelers. Verdi's renewed threat of escalating action reflects substantial member discontent and highlights the potential for significant economic and social disruption in the lead-up to the election.",

theglobeandmail.com

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Feb 11, 04:08

BCE Offers Severance to 1,200 Union Employees Amidst Financial Pressures

BCE Inc. announced it is offering severance packages to 1,200 union employees across Canada due to industry challenges and organizational changes, prompting criticism from Unifor about the company's financial priorities and impact on Canadian workers.

BCE Offers Severance to 1,200 Union Employees Amidst Financial Pressures

BCE Inc. announced it is offering severance packages to 1,200 union employees across Canada due to industry challenges and organizational changes, prompting criticism from Unifor about the company's financial priorities and impact on Canadian workers.

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How does BCE's financial situation and recent acquisition of Ziply Fiber contribute to the job-reduction program?

This workforce reduction is part of BCE's efforts to improve its financial performance, as the company faces pressure from high debt ($40.5 billion) and dividend payouts exceeding free cash flow. The job cuts, affecting both administrative and technical roles, are being offered as a voluntary separation program. The decision has drawn criticism from Unifor, highlighting concerns about the potential negative impacts on Canadian workers.

mk.ru

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Feb 11, 10:08

Moscow Housing Prices Surge Despite Supply Drop in January 2025

Moscow's mass-segment new-build market in January 2025 showed an 8.5% monthly supply decrease to 18,600 units, yet prices jumped 4.4% to 338,790 rubles/sq m due to factors including ended discounts and reduced supply; 2,100 deals were registered.

Moscow Housing Prices Surge Despite Supply Drop in January 2025

Moscow's mass-segment new-build market in January 2025 showed an 8.5% monthly supply decrease to 18,600 units, yet prices jumped 4.4% to 338,790 rubles/sq m due to factors including ended discounts and reduced supply; 2,100 deals were registered.

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Reduced Inequality

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What factors contributed to the significant price increase observed in January 2025 in Moscow's budget housing market?

The January price increase in Moscow's budget housing is linked to several factors: extended installment plans increasing apparent costs, dwindling supply due to a lack of new projects, and the end of year-end discounts. While the average price was 338,790 rubles/sq m, some projects offered units at 307,000 rubles/sq m, highlighting price discrepancies.

lemonde.fr

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Feb 11, 13:11

Contrasting Unemployment Data Reveals Worsening French Labor Market

In Q4 2024, despite a decrease of 63,000 unemployed individuals (ILO) to 2.3 million and a 7.3% unemployment rate, France saw a 3.5% rise in registered job seekers at France Travail (3.14 million), revealing discrepancies in data collection methodologies and highlighting a worsening labor market.

Contrasting Unemployment Data Reveals Worsening French Labor Market

In Q4 2024, despite a decrease of 63,000 unemployed individuals (ILO) to 2.3 million and a 7.3% unemployment rate, France saw a 3.5% rise in registered job seekers at France Travail (3.14 million), revealing discrepancies in data collection methodologies and highlighting a worsening labor market.

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How do the different methodologies used by the ILO and France Travail contribute to the discrepancies in their unemployment statistics?

The discrepancy between ILO unemployment figures and France Travail's job seeker numbers stems from differing methodologies and populations. The ILO definition is stricter, and France Travail data is administratively based, while the Insee data uses a panel survey. Despite the lower unemployment rate, negative trends exist, such as a decrease in employment rate to 68.9% and a rise in the youth inactivity rate to 12.8%.

forbes.com

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Feb 11, 22:14

15 High-Paying, In-Demand Jobs for 2025

Resume Genius's 2025 In-Demand Jobs Report, based on U.S. Bureau of Labor Statistics data (2023-2033), identifies 15 high-paying, stable jobs addressing the 2025 wage crisis, prioritizing job openings, growth rate, and median salary.

15 High-Paying, In-Demand Jobs for 2025

Resume Genius's 2025 In-Demand Jobs Report, based on U.S. Bureau of Labor Statistics data (2023-2033), identifies 15 high-paying, stable jobs addressing the 2025 wage crisis, prioritizing job openings, growth rate, and median salary.

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How does the report's methodology account for the impact of AI and automation on the job market, and what job categories are highlighted as particularly resilient?

The report's methodology uses a weighted scoring system prioritizing projected annual job openings (50%), long-term growth rate (30%), and median salary (20%), reflecting current workforce trends and industry shifts. The top roles, such as software developers and registered nurses, demonstrate the increasing demand for skilled professionals in technology and healthcare.

Showing 1,657 to 1,668 of 3,501 results