Tag #Labour Market

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welt.de

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Dec 18, 04:08

Potential Strikes Loom in German Public Sector Wage Dispute

Wage negotiations for 2.5 million German public sector workers begin January 24, 2024, with potential strikes looming due to strained municipal budgets and high union demands (8 percent or 350 euros) amid economic uncertainty.

Potential Strikes Loom in German Public Sector Wage Dispute

Wage negotiations for 2.5 million German public sector workers begin January 24, 2024, with potential strikes looming due to strained municipal budgets and high union demands (8 percent or 350 euros) amid economic uncertainty.

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How do the strained budgets of German municipalities influence the outcome of the upcoming wage negotiations?

The upcoming wage negotiations for German public sector workers are set against a backdrop of strained municipal budgets and a shortage of skilled workers. The high wage demands (8 percent or 350 euros) reflect economic uncertainty and aim to boost domestic demand. The outcome will significantly impact essential public services and could affect the broader German economy.

zeit.de

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Dec 18, 10:11

German Rents Rise Amidst Housing Shortage

German rents increased by 4 percent in 2024, while house prices initially fell by 5 percent before rebounding; low vacancy rates and unmet housing construction targets highlight a persistent housing shortage.

German Rents Rise Amidst Housing Shortage

German rents increased by 4 percent in 2024, while house prices initially fell by 5 percent before rebounding; low vacancy rates and unmet housing construction targets highlight a persistent housing shortage.

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How do the historically low vacancy rates contribute to the current housing market dynamics in Germany?

The increase in rents is attributed to historically low vacancy rates (2.5 percent nationally, 1 percent in Berlin), indicating a housing shortage. Decreased house prices in 2024, particularly in major cities (-13 percent), were likely due to increased interest rates, but prices are now rising again due to lower interest rates and high demand.

euronews.com

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Dec 18, 13:13

Italian Transport Strikes Planned for January

Nationwide transport strikes are planned in Italy on January 10th, affecting various services, with further disruptions in Florence on January 12th and 25th due to separate walkouts by railway and tram workers, impacting commuters and potentially tourism.

Italian Transport Strikes Planned for January

Nationwide transport strikes are planned in Italy on January 10th, affecting various services, with further disruptions in Florence on January 12th and 25th due to separate walkouts by railway and tram workers, impacting commuters and potentially tourism.

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What are the underlying causes of the transport strikes in Italy, and what are the unions' primary demands?

These strikes, organized by various unions, highlight ongoing labor disputes across Italy's transport sector. The disputes center around pay and working conditions, causing widespread disruption for commuters and potentially impacting tourism.

faz.net

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Dec 18, 16:15

Averted Strike Averts German Cash Crisis

A potential strike by 10,000 German cash transport workers was averted after reaching a wage agreement (6.5%-8.4% increase) and a new 5-year contract; despite 50% of transactions still being in cash, businesses expect minimal disruption due to the increasing use of cards.

Averted Strike Averts German Cash Crisis

A potential strike by 10,000 German cash transport workers was averted after reaching a wage agreement (6.5%-8.4% increase) and a new 5-year contract; despite 50% of transactions still being in cash, businesses expect minimal disruption due to the increasing use of cards.

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What immediate impact would a strike by cash transport workers have on German consumers and businesses?

Commerzbank advises customers to use cards or mobile payment methods like Google Pay or Apple Pay if a cash shortage occurs due to potential strikes by cash transport workers. The bank has taken measures to minimize disruption, while the German Federal Bank clarifies its role is supplying banks, not directly consumers. Rewe supermarket chain assures its cash supply is secured, reflecting a broader industry perspective.

liberation.fr

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Dec 18, 19:11

French Construction Industry Faces Steep Decline, 100,000 Job Losses Predicted

France's construction industry faces a projected 6.6% activity drop in 2024 and 5.6% in 2025, driven by decreased new construction due to inflation and high interest rates, potentially resulting in 100,000 job losses in 2025 if government aid fails to materialize. New housing construction fell by 21...

French Construction Industry Faces Steep Decline, 100,000 Job Losses Predicted

France's construction industry faces a projected 6.6% activity drop in 2024 and 5.6% in 2025, driven by decreased new construction due to inflation and high interest rates, potentially resulting in 100,000 job losses in 2025 if government aid fails to materialize. New housing construction fell by 21...

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What is the projected impact of the downturn in the French construction sector on employment in 2025?

The French construction industry is projected to decline by 6.6% in 2024 and a further 5.6% in 2025, according to the French Federation of Construction (FFB). This is primarily due to a sharp decrease in new construction, driven by inflation and rising interest rates. The FFB warns of 100,000 job losses in 2025 if government support measures are not implemented.

cnbc.com

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Dec 18, 19:12

Transparency in Job Interviews: A Better Approach

Adriane Schwager, CEO of GrowthAssistant, advises job candidates to be transparent about interviewing with other companies to ensure a better fit, improve the hiring process, and avoid mismatched expectations.

Transparency in Job Interviews: A Better Approach

Adriane Schwager, CEO of GrowthAssistant, advises job candidates to be transparent about interviewing with other companies to ensure a better fit, improve the hiring process, and avoid mismatched expectations.

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What are the benefits of transparency in job interviews for both candidates and hiring managers?

Adriane Schwager, CEO of GrowthAssistant, advocates for transparency in the job interview process, suggesting that candidates openly discuss other job interviews to ensure a better fit and informed decision-making. This approach allows both the candidate and the hiring manager to understand each other's expectations and preferences, ultimately leading to a more successful match. It helps avoid wasting time for both parties.

welt.de

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Dec 18, 10:11

German Rents Rise Amid Falling Property Prices, Housing Shortage Persists

German rents rose by four percent in 2024, while purchase prices dropped five percent on average, but remain significantly higher than in 2010; low vacancy rates indicate a persistent housing shortage.

German Rents Rise Amid Falling Property Prices, Housing Shortage Persists

German rents rose by four percent in 2024, while purchase prices dropped five percent on average, but remain significantly higher than in 2010; low vacancy rates indicate a persistent housing shortage.

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How do the changes in interest rates and housing supply affect both rental and purchase prices in Germany?

The rise in rents is linked to historically low vacancy rates (2.5 percent on average, even lower in major cities), reflecting high housing demand and limited supply. The drop in purchase prices, particularly significant in major cities (-13 percent), is attributed to increased interest rates, although prices remain substantially higher than in 2010.

china.org.cn

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Dec 18, 10:12

China Expands Occupational Disease Coverage

China updated its occupational disease catalog on Monday, adding carpal tunnel syndrome for manufacturing workers and PTSD for emergency personnel, effective August 1, 2025, reflecting international standards and addressing evolving work conditions.

China Expands Occupational Disease Coverage

China updated its occupational disease catalog on Monday, adding carpal tunnel syndrome for manufacturing workers and PTSD for emergency personnel, effective August 1, 2025, reflecting international standards and addressing evolving work conditions.

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What are the key additions to China's occupational disease catalog, and what is their immediate significance for workers?

China expanded its occupational disease catalog, adding carpal tunnel syndrome for manufacturing workers with repetitive wrist strain and PTSD for emergency personnel exposed to acute emergencies. This revision, effective August 1, 2025, reflects international standards and addresses evolving work conditions.

kathimerini.gr

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Dec 18, 13:13

Greece Funds 5,880 New Businesses with €17,000 Grants

Greece launches a €100 million program providing €17,000 grants to 5,880 unemployed individuals (mostly women) aged 30-59 to start businesses, with applications opening December 19th, 2024, and closing January 21st, 2025, via OPSKE.

Greece Funds 5,880 New Businesses with €17,000 Grants

Greece launches a €100 million program providing €17,000 grants to 5,880 unemployed individuals (mostly women) aged 30-59 to start businesses, with applications opening December 19th, 2024, and closing January 21st, 2025, via OPSKE.

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How does the program's funding structure aim to ensure the long-term success of the new businesses?

This €100 million program, co-funded by Greece and the European Social Fund, anticipates supporting up to 5,880 unemployed individuals, mostly women. Funding is disbursed in three installments (€4,600 upon launch, and two €6,200 installments after 6 and 12 months of operation, contingent on business viability.

welt.de

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Dec 18, 16:15

Germany Extends Short-Time Work Benefits to 24 Months

The German Cabinet extended short-time work benefits to 24 months until December 31, 2025, to counter rising unemployment (268,000 in September 2024, 76% more than last year), primarily affecting manufacturing sectors like machinery and automotive production, aiming to support businesses and retain ...

Germany Extends Short-Time Work Benefits to 24 Months

The German Cabinet extended short-time work benefits to 24 months until December 31, 2025, to counter rising unemployment (268,000 in September 2024, 76% more than last year), primarily affecting manufacturing sectors like machinery and automotive production, aiming to support businesses and retain ...

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What is the immediate impact of the German government's extension of short-time work benefits on employment and businesses?

The German government extended the eligibility period for short-time work benefits (Kurzarbeitergeld) to up to 24 months to mitigate economic challenges and protect jobs. This measure aims to support both employees and businesses, particularly in the manufacturing sector, which has seen a substantial rise in short-time work recently. The extension applies until December 31, 2025.

zeit.de

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Dec 18, 19:11

Germany Extends Short-Time Work Program to 24 Months

Germany extends its short-time work program to 24 months until the end of 2025 to help businesses in struggling industries, such as automotive, machinery, steel and chemicals, to avoid mass layoffs, saving an estimated 2.2 million jobs during the Covid-19 pandemic.

Germany Extends Short-Time Work Program to 24 Months

Germany extends its short-time work program to 24 months until the end of 2025 to help businesses in struggling industries, such as automotive, machinery, steel and chemicals, to avoid mass layoffs, saving an estimated 2.2 million jobs during the Covid-19 pandemic.

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What are the potential long-term economic consequences of this policy decision?

The German government's decision to extend short-time work is a response to a severe industrial crisis affecting multiple sectors. The measure, costing the government but cheaper than unemployment benefits, aims to retain skilled workers during a challenging economic climate. This strategy has proven effective in the past, saving 2.2 million jobs during the pandemic, as shown by the IMK institute.

zeit.de

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Dec 18, 16:15

Mecklenburg-Vorpommern Sees Surge in Housing Benefit Recipients

The number of households in Mecklenburg-Vorpommern receiving Wohngeld (housing benefit) almost doubled to 46,360 in 2023 due to the Wohngeld Plus reform, impacting nearly 6% of all households, with pensioners making up the largest group.

Mecklenburg-Vorpommern Sees Surge in Housing Benefit Recipients

The number of households in Mecklenburg-Vorpommern receiving Wohngeld (housing benefit) almost doubled to 46,360 in 2023 due to the Wohngeld Plus reform, impacting nearly 6% of all households, with pensioners making up the largest group.

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How did the Wohngeld Plus reform affect the average payment amount and the demographic profile of recipients?

The increase in Wohngeld recipients is largely due to the 2023 reform expanding eligibility and increasing payment amounts to offset rising energy costs and necessary building renovations. This disproportionately affected smaller households, with two-thirds consisting of a single person; almost 65% of recipients were pensioners.

Showing 2,005 to 2,016 of 3,072 results