Tag #Labour Market

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lefigaro.fr

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Dec 31, 19:10

France Reduces Apprentice Hiring Subsidies for 2025

The French government announced that it will maintain, but reduce, subsidies for hiring apprentices in 2025, lowering the aid to \u20ac5,000 for SMEs and \u20ac2,000 for larger companies, aiming to save \u20ac1.2 billion while preventing a return to pre-pandemic support levels.

France Reduces Apprentice Hiring Subsidies for 2025

The French government announced that it will maintain, but reduce, subsidies for hiring apprentices in 2025, lowering the aid to \u20ac5,000 for SMEs and \u20ac2,000 for larger companies, aiming to save \u20ac1.2 billion while preventing a return to pre-pandemic support levels.

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How does the government's decision balance fiscal responsibility with the need to support apprenticeships?

The reduction reflects a need to control the rising cost of apprenticeship subsidies, which exceeded \u20ac20 billion in 2021, more than double the 2018 figure. While the government seeks to maintain support, the decrease is intended to achieve a projected \u20ac1.2 billion in savings as part of the 2025 budget. The U2P, representing small businesses, opposes the cuts, while the CPME, representing SMEs, welcomes the decision.

cnbc.com

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Dec 31, 19:10

Increased Housing Supply in November 2024, but Many Listings Remain Unsold

Despite a 12.1% increase in active home listings in November 2024 compared to November 2023—the highest since 2020—over half (54.5%) remained unsold for at least 60 days, indicating pricing or condition issues despite increased supply and higher pending sales.

Increased Housing Supply in November 2024, but Many Listings Remain Unsold

Despite a 12.1% increase in active home listings in November 2024 compared to November 2023—the highest since 2020—over half (54.5%) remained unsold for at least 60 days, indicating pricing or condition issues despite increased supply and higher pending sales.

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What is the overall impact of the increased housing supply in November 2024, considering the significant number of long-term unsold properties?

November 2024 saw a 12.1% increase in active housing listings compared to November 2023, reaching the highest level since 2020. However, 54.5% of these listings had been on the market for at least 60 days, the highest percentage since 2019. This indicates a significant portion of the increased supply is not selling quickly.

nbcnews.com

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Dec 31, 22:08

Increased Housing Inventory, But High Percentage of Stale Listings Slows Market

November 2024 saw a 12.1% rise in active housing listings compared to November 2023, reaching a peak since 2020; however, 54.5% of these homes had been listed for at least 60 days, the highest share since 2019, while the average time to contract was 43 days, the slowest since 2019, despite pending h...

Increased Housing Inventory, But High Percentage of Stale Listings Slows Market

November 2024 saw a 12.1% rise in active housing listings compared to November 2023, reaching a peak since 2020; however, 54.5% of these homes had been listed for at least 60 days, the highest share since 2019, while the average time to contract was 43 days, the slowest since 2019, despite pending h...

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How are factors like elevated interest rates and high housing costs influencing buyer behavior and market dynamics?

The high number of stale listings (54.5% on the market for over 60 days) contrasts with a rise in pending home sales, indicating a recalibration of buyer expectations around interest rates, now seen as a 'new normal' above 6%. However, high housing costs, coupled with elevated interest rates, continue to hinder affordability and overall sales.

theglobeandmail.com

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Dec 30, 01:05

Tunisian Worker's Exploitation Exposes Flaws in Canada's Temporary Foreign Worker Program

Hichem Nasri, a 29-year-old Tunisian temporary foreign worker, experienced wage theft, harassment, and injury during his 14 months in Canada, ultimately deciding to return home due to exploitative working conditions and bureaucratic challenges within the Temporary Foreign Worker Program.

Tunisian Worker's Exploitation Exposes Flaws in Canada's Temporary Foreign Worker Program

Hichem Nasri, a 29-year-old Tunisian temporary foreign worker, experienced wage theft, harassment, and injury during his 14 months in Canada, ultimately deciding to return home due to exploitative working conditions and bureaucratic challenges within the Temporary Foreign Worker Program.

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What immediate impact did Canada's expanded Temporary Foreign Worker Program have on workers like Hichem Nasri?

Hichem Nasri, a Tunisian temporary foreign worker, endured exploitative conditions in Canada, including delayed wages, harassment, and injury. He initially worked for Bilodeau Transport, then secured an open work permit after reporting abuse, but faced similar issues at Canadian Tire, ultimately choosing to return to Tunisia.

forbes.com

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Dec 30, 16:14

Future of Work: Adapting to Technological Transformation and Cultural Shifts by 2025

In a rapidly changing business environment, organizations face challenges in managing the present while shaping the future of work, necessitating a focus on employee upskilling, hybrid work models, AI integration, and a supportive company culture to achieve better results by 2025.

Future of Work: Adapting to Technological Transformation and Cultural Shifts by 2025

In a rapidly changing business environment, organizations face challenges in managing the present while shaping the future of work, necessitating a focus on employee upskilling, hybrid work models, AI integration, and a supportive company culture to achieve better results by 2025.

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What immediate actions must organizations take to prepare their workforce for the technological transformation expected by 2025?

Organizations must adapt to the evolving future of work by 2025, focusing on upskilling and reskilling employees to meet the demands of technological transformation. A people-centric approach, prioritizing employee well-being, commitment, and satisfaction, is crucial for improved productivity and better results.

theguardian.com

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Dec 30, 13:08

UK House Prices: Stoke-on-Trent Surges While London Falls

Halifax data reveals Stoke-on-Trent's 17.2% house price surge to £227,002 in the year to September 2024, contrasting with Huddersfield's 6.6% decline and London boroughs also experiencing price drops, reflecting affordability issues.

UK House Prices: Stoke-on-Trent Surges While London Falls

Halifax data reveals Stoke-on-Trent's 17.2% house price surge to £227,002 in the year to September 2024, contrasting with Huddersfield's 6.6% decline and London boroughs also experiencing price drops, reflecting affordability issues.

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How did the affordability of housing in different regions influence buyer behavior and property price changes?

This regional disparity reflects affordability pressures; high-priced areas like London (Westminster down 3.6%) saw declines, while more affordable locations attracted buyers. The trend highlights a shift in demand towards areas with relatively lower, yet still increasing, property values.

nrc.nl

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Dec 31, 19:10

Dutch crackdown on disguised self-employment: Boon for delivery workers, threat to healthcare

Starting January 1st, 2024, the Netherlands will enforce stricter regulations on disguised self-employment, benefiting food delivery workers but potentially harming the healthcare sector, where an estimated 170,000 independent contractors may leave due to inflexible new rules, exacerbating existing ...

Dutch crackdown on disguised self-employment: Boon for delivery workers, threat to healthcare

Starting January 1st, 2024, the Netherlands will enforce stricter regulations on disguised self-employment, benefiting food delivery workers but potentially harming the healthcare sector, where an estimated 170,000 independent contractors may leave due to inflexible new rules, exacerbating existing ...

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What are the immediate consequences of the Dutch tax authority's enforcement of disguised self-employment on food delivery workers and healthcare professionals?

The Dutch tax authority's crackdown on disguised self-employment starting January 1st, 2024, is a positive development for food delivery workers often exploited by large corporations. This action offers them improved working conditions and social security. However, it threatens the healthcare sector, where many choose self-employment for flexibility and better pay, not exploitation.

cnbc.com

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Dec 31, 19:10

56% of U.S. Workers Seek New Jobs in 2025

A Resume Templates survey of 1,258 U.S. workers in October 2024 found that 56% are seeking new jobs in 2025 due to feeling undervalued (37%), burned out (37%), or underpaid (40%).

56% of U.S. Workers Seek New Jobs in 2025

A Resume Templates survey of 1,258 U.S. workers in October 2024 found that 56% are seeking new jobs in 2025 due to feeling undervalued (37%), burned out (37%), or underpaid (40%).

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What are the key factors driving the high percentage of U.S. workers seeking new jobs in 2025, and what are the immediate implications for employers?

A Resume Templates survey reveals that 56% of U.S. workers are seeking new jobs in 2025, primarily due to feeling undervalued (37%), burned out (37%), or underpaid (40%). This highlights a significant labor market trend impacting employer retention strategies.

theguardian.com

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Dec 31, 07:09

Avanti West Coast Strike to Severely Disrupt London to Glasgow Rail Services

Avanti West Coast train managers' strike on December 31 and January 2 will severely reduce services on the London to Glasgow line, impacting travel to major cities like Birmingham, Manchester, and Preston, due to a pay dispute; further strikes are planned until May 25th.

Avanti West Coast Strike to Severely Disrupt London to Glasgow Rail Services

Avanti West Coast train managers' strike on December 31 and January 2 will severely reduce services on the London to Glasgow line, impacting travel to major cities like Birmingham, Manchester, and Preston, due to a pay dispute; further strikes are planned until May 25th.

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What are the underlying causes of the dispute leading to the strike action?

The strike, resulting from a dispute over enhanced pay for rest day working, affects Avanti West Coast services, causing cancellations and reduced timetables. The significantly reduced service will impact travel to north Wales, Blackpool, and Edinburgh, with only limited services running between key cities on the strike days.

theglobeandmail.com

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Dec 30, 04:07

Record Number of Chinese Youth Seek Civil Service Jobs Amidst Economic Slowdown

Amidst a struggling private sector and high youth unemployment, a record 3.4 million young Chinese applied for civil service exams in 2023, tripling the number from 2014, highlighting the demand for job security despite reported wage cuts and unpaid salaries within the public sector.

Record Number of Chinese Youth Seek Civil Service Jobs Amidst Economic Slowdown

Amidst a struggling private sector and high youth unemployment, a record 3.4 million young Chinese applied for civil service exams in 2023, tripling the number from 2014, highlighting the demand for job security despite reported wage cuts and unpaid salaries within the public sector.

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What is the primary driver behind the record number of young Chinese applying for civil service exams this year?

A record 3.4 million young Chinese applied for civil service exams this year, a 400,000 increase from last year and triple the number from 2014. This reflects the high demand for job security in a struggling private sector with high youth unemployment. Many applicants prioritize stability over higher salaries, even knowing of unpaid civil servants.

forbes.com

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Dec 30, 01:05

Navigating the 2025 Job Market: Resolution, Not Resolutions

This article advocates for a transformational approach to career development in 2025, emphasizing continuous learning, proactive action, and daily affirmation/confirmation to navigate rapid workplace changes driven by AI, automation, and globalism.

Navigating the 2025 Job Market: Resolution, Not Resolutions

This article advocates for a transformational approach to career development in 2025, emphasizing continuous learning, proactive action, and daily affirmation/confirmation to navigate rapid workplace changes driven by AI, automation, and globalism.

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What concrete steps can individuals take to proactively address the significant impact of AI, automation, and globalism on the job market?

The article emphasizes the need for continuous learning and proactive career development in response to rapid workplace changes driven by AI, automation, and globalism. Individuals are urged to commit to lifelong learning and reject inertia by taking consistent action to stay ahead of the curve. This approach prioritizes transformation over transactional resolutions for long-term career success.

theglobeandmail.com

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Dec 30, 16:14

Canadian Home Sales Surge 26 Percent Amidst Lower Interest Rates

Fueled by five interest rate cuts and relaxed mortgage rules, Canadian home sales jumped 26 percent year-over-year in November, with economists predicting continued strong activity in 2025 despite affordability challenges; however, this boom is expected to subside in the first half of 2025.

Canadian Home Sales Surge 26 Percent Amidst Lower Interest Rates

Fueled by five interest rate cuts and relaxed mortgage rules, Canadian home sales jumped 26 percent year-over-year in November, with economists predicting continued strong activity in 2025 despite affordability challenges; however, this boom is expected to subside in the first half of 2025.

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How have government policies and the Bank of Canada's actions influenced buyer behavior and market activity in Canada?

The resurgence in the Canadian housing market is a result of the Bank of Canada's interest rate cuts, which have reached 3.25 percent after starting at five percent. Further rate decreases are anticipated, along with the federal government's recent changes to mortgage rules, including extending the maximum amortization period to 30 years for first-time buyers. These factors, combined with pent-up demand, are driving increased sales and price growth.

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