Tag #Labour Market

welt.de
🌐 85% Global Worthiness
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German Hiring Freezes Amidst Economic Crisis

German businesses are drastically reducing hiring plans, reaching the lowest point in four and a half years due to a combination of weak orders and economic crisis; concurrently, insolvencies rose by 12.6 percent in November.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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UK Retailer Distress Soars 25% in Q4 2023

The number of UK retailers in critical financial distress jumped 25% to 2,124 in Q4 2023 due to rising costs and weak consumer confidence, particularly impacting general retail (29% increase) and food and drug retail (17.2% increase), although the overall number is down year-on-year.

Progress

44% Bias Score

Decent Work and Economic Growth
cnnespanol.cnn.com
🌐 75% Global Worthiness
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Amazon Delivery Drivers End Strike, but Labor Tensions Persist

Thousands of Amazon delivery drivers, represented by the Teamsters union, concluded a multi-day strike on Christmas Eve, impacting an estimated 200 facilities nationwide, demanding better pay and working conditions, though Amazon disputes the union's claims of representation.

Progress

40% Bias Score

Decent Work and Economic Growth
dw.com
🌐 75% Global Worthiness
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Belarus Faces 5,000-Engineer Shortage by 2027

Belarus faces a critical skills mismatch, with an oversupply of IT graduates and a projected shortfall of 5,000 engineers by 2027, forcing the government to reform engineering education and incentivize industry investment to address the imbalance.

Progress

44% Bias Score

Quality Education
theglobeandmail.com
🌐 75% Global Worthiness
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Canadian Employers Mandate Office Returns Amidst Economic Slowdown and Record High Vacancy Rates

Amidst Canada's weakening economy and tighter job market, employers are aggressively mandating office returns, with companies like Amazon and the federal government leading the charge; however, Toronto's office vacancy rate simultaneously hit a record high of 15.7 percent in Q3 2023.

Progress

48% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Spain Challenges Madrid's Public Employee Agreement Over Protest Restrictions

Spain's Labour Minister challenges Madrid's public employee agreement (until 2028), which restricts protest rights by suspending salary increases for those participating in strikes or demonstrations; the Minister requests the Prosecutor's Office and Ombudsman to intervene.

Progress

52% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Gen Z Australians Embrace AI in the Workplace

A new study by Hatch reveals that 58% of Gen Z Australians are using AI tools like ChatGPT and Gemini in the workplace, with 93% expressing no job security concerns, highlighting the rapid integration of AI into young professionals' workflows despite associated risks.

Progress

44% Bias Score

Quality Education
kathimerini.gr
🌐 75% Global Worthiness
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Greek Student Housing Costs Surge 91.5% Since 2015

Greek student housing rental costs have skyrocketed 91.5% since 2015, with Athens and Patras seeing increases of 115.7% and 112.5% respectively, due to increased demand and short-term rentals, prompting private investment in new student housing.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Worker Compensation Satisfaction Varies Widely Across Industries Amidst Job Cuts

A Vaco survey of 15,000 professionals shows 44% believe their compensation is fair, but this varies widely by industry; 3.7 million white-collar job cuts occurred in the U.S. this year, impacting employee confidence, which is down 5% from last quarter.

Progress

56% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Greek Unemployment Falls, but Skill Gaps and Low Participation Persist

Greece's unemployment rate fell below 10 percent in 2024 for the first time since 2009; however, labor market participation slightly decreased due to lower participation among women and young people, while job vacancies increased to 46,997 (up 27.1 percent year-on-year) in Q3 2024, highlighting skil...

Progress

60% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 75% Global Worthiness
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Financial Distress Rises Among UK Retailers After Lackluster Boxing Day

A 25% surge in financially stressed UK retailers over the last three months, totaling 2,124 businesses, follows a 4.9% drop in Boxing Day footfall, highlighting dampened consumer sentiment, rising costs, and shifting consumer behavior towards online shopping.

Progress

44% Bias Score

Decent Work and Economic Growth
edition.cnn.com
🌐 85% Global Worthiness
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Amazon Delivery Drivers End Strike Amidst Ongoing Labor Disputes

Thousands of Amazon delivery drivers, represented by the Teamsters, ended a multi-day strike on Christmas Eve, protesting for better wages and working conditions at nine locations across the US; Amazon claims its operations were unaffected and disputes the union's representation of its workers.

Progress

40% Bias Score

Decent Work and Economic Growth