Tag #Labour Market

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bari.repubblica.it

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Dec 19, 10:09

Stagnant Wages Projected for Apulian Families in 2025

Bank of Italy projections forecast stable wages and purchasing power for Apulian families in 2025, despite a 1.7 percent employment increase and 0.5 percent GDP growth, highlighting the need for increased productivity to overcome national and international economic challenges.

Stagnant Wages Projected for Apulian Families in 2025

Bank of Italy projections forecast stable wages and purchasing power for Apulian families in 2025, despite a 1.7 percent employment increase and 0.5 percent GDP growth, highlighting the need for increased productivity to overcome national and international economic challenges.

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Reduced Inequality

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What are the immediate economic implications for Apulian families based on the projected 2025 economic outlook?

In 2025, Apulian families will experience stagnant wages and purchasing power, remaining essentially unchanged. Puglia's GDP grew by only 0.5 percent in the last year, lagging behind Southern Italy (0.6 percent) and slightly exceeding the national average (0.4 percent). Employment increased by 1.7 percent, primarily due to temporary contracts, while the family debt rate stands at 1.7 percent.

europe.chinadaily.com.cn

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Dec 18, 04:08

China's Looming Graduate Employment Crisis

China faces a looming employment crisis with 12.22 million university graduates projected for 2025, exceeding job market capacity and necessitating policy changes, educational reforms, and proactive career guidance to mitigate unemployment and skills gaps.

China's Looming Graduate Employment Crisis

China faces a looming employment crisis with 12.22 million university graduates projected for 2025, exceeding job market capacity and necessitating policy changes, educational reforms, and proactive career guidance to mitigate unemployment and skills gaps.

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What are the immediate impacts of the projected 12.22 million university graduates in China in 2025 on the national employment landscape?

China's 2025 university graduate count is projected at 12.22 million, a 430,000 increase, exceeding job market capacity and causing employment challenges, particularly for new graduates who may delay entry or seek flexible work.

africa.chinadaily.com.cn

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Dec 18, 07:07

China's Employment-First Strategy: Addressing a Looming Graduate Oversupply

China anticipates 12.22 million university graduates in 2025, necessitating a proactive employment-first strategy due to a mismatch between graduate skills and evolving job market demands driven by AI and economic restructuring, demanding policy adjustments and curriculum reform.

China's Employment-First Strategy: Addressing a Looming Graduate Oversupply

China anticipates 12.22 million university graduates in 2025, necessitating a proactive employment-first strategy due to a mismatch between graduate skills and evolving job market demands driven by AI and economic restructuring, demanding policy adjustments and curriculum reform.

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What immediate measures are necessary to address the projected oversupply of university graduates in China by 2025 and beyond?

China's 2025 university graduate count is projected at 12.22 million, exceeding 2024 by 430,000. This surge necessitates an employment-first strategy prioritizing graduate placement to maintain economic stability and social harmony. Failure to address this oversupply risks increased unemployment and social unrest.

t24.com.tr

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Dec 18, 13:13

Turkish Minimum Wage Erodes Amidst High Inflation

A DISK-AR report reveals that 8.5 million Turkish workers earn at or below the minimum wage; if inflation hits 44% in 2024, the minimum wage will lose 7,481 TL in purchasing power, falling below the poverty line by December.

Turkish Minimum Wage Erodes Amidst High Inflation

A DISK-AR report reveals that 8.5 million Turkish workers earn at or below the minimum wage; if inflation hits 44% in 2024, the minimum wage will lose 7,481 TL in purchasing power, falling below the poverty line by December.

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How does the DISK-AR report challenge the common arguments linking minimum wage increases to inflation and unemployment?

The report highlights that the claim of minimum wage increases fueling inflation is inaccurate; instead, it's a price-wage spiral, with prices rising freely while wages struggle to keep up. The report also refutes the link between minimum wage increases and unemployment, citing 2023 as an example where a significant minimum wage increase coincided with decreased unemployment.

sueddeutsche.de

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Dec 18, 16:15

Volkswagen-IG Metall Wage Talks Fail; Strike Threat Looms

After a 23-hour negotiation marathon in Hannover, Volkswagen and IG Metall failed to reach a wage agreement on December 19th, 2024, leaving the future uncertain and with the threat of expanded strikes looming for 2025. Key sticking points include VW's proposed plant closures, 10% pay cut, and reduce...

Volkswagen-IG Metall Wage Talks Fail; Strike Threat Looms

After a 23-hour negotiation marathon in Hannover, Volkswagen and IG Metall failed to reach a wage agreement on December 19th, 2024, leaving the future uncertain and with the threat of expanded strikes looming for 2025. Key sticking points include VW's proposed plant closures, 10% pay cut, and reduce...

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What are the core disagreements between Volkswagen and IG Metall in this labor dispute?

VW's proposed plant closures and 10% pay cut are key sticking points, rejected by IG Metall as 'red lines'. The union demands a continued employment guarantee for 130,000 workers and maintaining all ten German sites. VW's argument is high costs and low plant utilization.

welt.de

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Dec 18, 16:15

Volkswagen-IG Metall Talks Fail: Threat of Major Strikes in 2025

Volkswagen and IG Metall's 46-hour negotiation in Hannover over pay cuts, plant closures, and layoffs ended without an agreement, leaving the possibility of escalated labor action in 2025.

Volkswagen-IG Metall Talks Fail: Threat of Major Strikes in 2025

Volkswagen and IG Metall's 46-hour negotiation in Hannover over pay cuts, plant closures, and layoffs ended without an agreement, leaving the possibility of escalated labor action in 2025.

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What are the immediate consequences of the ongoing negotiations between Volkswagen and IG Metall if they fail to reach an agreement?

Volkswagen and IG Metall are in a protracted negotiation over pay cuts, plant closures, and layoffs, with talks lasting over 46 hours without a resolution. The positions remain far apart, with the union rejecting VW's proposed 10% pay cut and plant closures. A failure to reach an agreement could lead to escalated labor action in 2025.

theguardian.com

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Dec 18, 01:09

Amazon Workers Plan Christmas Strikes Amid Contract Dispute

Thousands of Amazon workers represented by the Teamsters union plan strikes across the US starting December 21, protesting Amazon's refusal to negotiate a contract after union election wins at multiple facilities, including the first unionized Amazon warehouse in the US.

Amazon Workers Plan Christmas Strikes Amid Contract Dispute

Thousands of Amazon workers represented by the Teamsters union plan strikes across the US starting December 21, protesting Amazon's refusal to negotiate a contract after union election wins at multiple facilities, including the first unionized Amazon warehouse in the US.

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What are the underlying reasons for the planned strikes, and how does Amazon's response contribute to the escalating situation?

The strikes stem from Amazon's rejection of negotiations with the Teamsters union, representing workers at various facilities. Union locals are mobilizing support for the strikes, highlighting Amazon's alleged mistreatment of workers and refusal to recognize the union at multiple facilities. The company has filed unfair labor practice charges against the union.

usa.chinadaily.com.cn

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Dec 18, 04:08

China Prioritizes Employment Amidst Looming Graduate Surplus

China's 2025 university graduate count will reach 12.22 million, creating employment challenges due to economic restructuring and AI's impact; the government prioritizes an employment-first strategy with policy interventions and educational reforms to mitigate this.

China Prioritizes Employment Amidst Looming Graduate Surplus

China's 2025 university graduate count will reach 12.22 million, creating employment challenges due to economic restructuring and AI's impact; the government prioritizes an employment-first strategy with policy interventions and educational reforms to mitigate this.

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What immediate measures is the Chinese government taking to address the projected surplus of university graduates in 2025 and beyond?

China's 2025 university graduate count is projected at 12.22 million, a 430,000 increase from the previous year. This surge, coupled with economic restructuring and AI's impact on the job market, creates a significant employment challenge, particularly for new graduates who may delay employment or seek flexible options. The government is prioritizing an employment-first strategy to mitigate this.

theguardian.com

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Dec 18, 10:11

Amazon to Settle Lawsuit from Delivery Drivers Over Unpaid Wages

Amazon is settling a lawsuit brought by delivery drivers who claimed they were misclassified as independent contractors, potentially costing the company up to £140 million in compensation for unpaid wages and benefits.

Amazon to Settle Lawsuit from Delivery Drivers Over Unpaid Wages

Amazon is settling a lawsuit brought by delivery drivers who claimed they were misclassified as independent contractors, potentially costing the company up to £140 million in compensation for unpaid wages and benefits.

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What is the immediate impact of Amazon's settlement with its delivery drivers?

Amazon will settle a lawsuit brought by delivery drivers who claimed misclassification as independent contractors. The drivers, working through Amazon's delivery service partners (DSPs), alleged they were owed thousands of pounds in unpaid wages and benefits. The settlement amount remains undisclosed but could reach £140 million.

elmundo.es

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Dec 18, 13:13

Spain to Reduce Standard Work Week to 37.5 Hours

Spain is set to reduce its standard work week to 37.5 hours, despite disagreements on implementation timing between the Ministries of Labor and Economy. The agreement, nearing completion with unions, plans for a transitional period for existing contracts, with a target date of 2025.

Spain to Reduce Standard Work Week to 37.5 Hours

Spain is set to reduce its standard work week to 37.5 hours, despite disagreements on implementation timing between the Ministries of Labor and Economy. The agreement, nearing completion with unions, plans for a transitional period for existing contracts, with a target date of 2025.

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What are the immediate impacts of Spain's planned reduction of the work week to 37.5 hours, and how will this affect businesses and employees?

Spain's Deputy Prime Minister and Minister of Labor, Yolanda Díaz, is finalizing an agreement with unions to reduce the standard work week to 37.5 hours. Despite conflict with the Ministry of Economy, the agreement is expected to be signed imminently, with immediate implementation planned. A transitional period will be included to accommodate existing collective bargaining agreements.

theglobeandmail.com

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Dec 18, 16:15

Volkswagen-IG Metall Talks Continue Amid Threat of Major Strikes

Volkswagen and IG Metall union are in crunch talks to avert major strikes in 2025 over potential factory closures and mass layoffs in Germany, with a possible pre-Christmas deal under negotiation amid intense pressure from investors.

Volkswagen-IG Metall Talks Continue Amid Threat of Major Strikes

Volkswagen and IG Metall union are in crunch talks to avert major strikes in 2025 over potential factory closures and mass layoffs in Germany, with a possible pre-Christmas deal under negotiation amid intense pressure from investors.

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What are the immediate consequences of a failure to reach an agreement between Volkswagen and IG Metall by Christmas?

Volkswagen and IG Metall union negotiations over potential factory closures and mass layoffs continued on Wednesday, aiming for a pre-Christmas deal to prevent major strikes in 2025. A compromise is possible, but uncertain, given the complexity and conflicting stances on necessary cost cuts to compete with Asian rivals and manage the electric vehicle transition. The talks, initially beginning in late September, involve potential plant closures which VW does not rule out, while unions strongly oppose.

forbes.com

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Dec 18, 16:16

Career Navigation Systems: Addressing the U.S. Workforce's Skills Gap

A 2024 survey reveals that most U.S. workers need help with career goals and identifying suitable jobs, leading to the need for improved career navigation systems combining job education, support services, and networking to create effective "roadmaps" to economic opportunity.

Career Navigation Systems: Addressing the U.S. Workforce's Skills Gap

A 2024 survey reveals that most U.S. workers need help with career goals and identifying suitable jobs, leading to the need for improved career navigation systems combining job education, support services, and networking to create effective "roadmaps" to economic opportunity.

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What are the most pressing career development needs of the U.S. workforce, and how can career navigation systems effectively address these needs?

The 2024 Career Optimism Index reveals that most U.S. workers need help setting career goals (51%) and identifying suitable job options (53%), highlighting a significant skills gap. Employers report more support is available than workers perceive, indicating a communication breakdown hindering career advancement.

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