Tag #Labour Market

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cnn.com

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Aug 16, 10:15

Air Canada Strike Strands Travelers Amid Failed Contract Talks

Air Canada suspended all operations on Saturday due to a strike by over 10,000 flight attendants, impacting 130,000 daily travelers and leaving 25,000 Canadians stranded abroad; contract negotiations failed after eight months, centering on pay and unpaid work, with the airline's offer of a 38% compe...

Air Canada Strike Strands Travelers Amid Failed Contract Talks

Air Canada suspended all operations on Saturday due to a strike by over 10,000 flight attendants, impacting 130,000 daily travelers and leaving 25,000 Canadians stranded abroad; contract negotiations failed after eight months, centering on pay and unpaid work, with the airline's offer of a 38% compe...

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What are the potential long-term economic and industry-wide impacts of this strike?

The Air Canada strike could have substantial long-term consequences, including potential financial losses for the airline and reputational damage. The disruption to travel plans during peak season could also negatively affect Canada's tourism industry and economy. Future contract negotiations within the airline industry may be influenced by this dispute, potentially leading to increased pressure for improved worker compensation.

theglobeandmail.com

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Aug 16, 04:16

Air Canada Strike Threatens 130,000 Daily Passengers as Competitors Scramble for Solutions

Air Canada is canceling 1,000 flights on Saturday due to a possible flight attendant strike, affecting 130,000 daily passengers; competitor airlines are attempting to accommodate affected travelers but face capacity constraints due to high summer demand.

Air Canada Strike Threatens 130,000 Daily Passengers as Competitors Scramble for Solutions

Air Canada is canceling 1,000 flights on Saturday due to a possible flight attendant strike, affecting 130,000 daily passengers; competitor airlines are attempting to accommodate affected travelers but face capacity constraints due to high summer demand.

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What are the immediate consequences of Air Canada's potential flight attendant strike on passengers and other Canadian airlines?

Air Canada's potential flight attendant strike starting Saturday is causing significant disruption, leading to the cancellation of 1,000 flights on Saturday alone and affecting approximately 130,000 passengers daily. Competing airlines like WestJet, Air Transat, and Flair are attempting to accommodate affected travelers but face capacity constraints due to high summer demand.", A2="The strike's impact extends beyond Air Canada, forcing competitors to manage increased bookings and calls. While some airlines are adding flights or adjusting schedules, limited availability during peak travel season restricts their capacity to fully absorb displaced passengers. This situation highlights the interconnectedness of the airline industry and the vulnerability of travelers during labor disputes.", A3="The Air Canada strike, if it proceeds, could cause ripple effects throughout the Canadian travel industry. The high demand and limited capacity of other airlines may lead to increased airfares and a more difficult travel experience for Canadians. The disruption also underscores the importance of robust contingency plans for airlines to handle such events effectively.", Q1="What are the immediate consequences of Air Canada's potential flight attendant strike on passengers and other Canadian airlines?", Q2="How are competing airlines responding to the surge in demand caused by Air Canada's flight cancellations, and what are the limitations they face?", Q3="What are the potential long-term implications of this strike for the Canadian airline industry and travelers, considering the current high summer demand and limited flight capacity?", ShortDescription="Air Canada is canceling 1,000 flights on Saturday due to a possible flight attendant strike, affecting 130,000 daily passengers; competitor airlines are attempting to accommodate affected travelers but face capacity constraints due to high summer demand.", ShortTitle="Air Canada Strike Threatens 130,000 Daily Passengers as Competitors Scramble for Solutions"))

theglobeandmail.com

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Aug 16, 22:14

Canada Orders Binding Arbitration to End Air Canada Flight Attendant Strike

Federal Jobs Minister Patty Hajdu ordered binding arbitration to end the Air Canada flight attendants' strike that began Saturday, impacting over 100,000 travelers due to canceled flights, after negotiations reached an impasse on Tuesday.

Canada Orders Binding Arbitration to End Air Canada Flight Attendant Strike

Federal Jobs Minister Patty Hajdu ordered binding arbitration to end the Air Canada flight attendants' strike that began Saturday, impacting over 100,000 travelers due to canceled flights, after negotiations reached an impasse on Tuesday.

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What were the key disagreements between Air Canada and CUPE that led to the strike, and how did each side contribute to the impasse?

The strike, which began Saturday, followed stalled negotiations between Air Canada and CUPE. Air Canada declared an impasse on Tuesday, prompting the union's strike notice on Wednesday and Air Canada's subsequent lockout. The dispute centers around disagreements over compensation and working conditions, with both sides blaming each other for the failure to reach an agreement. The government's intervention reflects the significant economic impact of the disruption on both domestic and international travel.

dw.com

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Aug 16, 16:17

Surge in German Side Hustles Reflects Broader Shift in Work Attitudes

Germany saw a surge in side hustles, rising from 3.2 million in 2013 to 4.5 million in 2023, driven by a desire for autonomy and creative fulfillment, particularly among young people; this trend is fueled by technological advancements and legal changes making such work more tax-advantaged.

Surge in German Side Hustles Reflects Broader Shift in Work Attitudes

Germany saw a surge in side hustles, rising from 3.2 million in 2013 to 4.5 million in 2023, driven by a desire for autonomy and creative fulfillment, particularly among young people; this trend is fueled by technological advancements and legal changes making such work more tax-advantaged.

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What is the significance of the rising number of side hustles in Germany and globally, and what are the immediate impacts?

In Germany, the number of people holding down side hustles has significantly increased from 3.2 million in 2013 to 4.5 million in 2023, a trend mirrored globally, albeit more pronounced in the US and UK. This rise reflects a shift in attitudes towards work and financial independence.

cnnespanol.cnn.com

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Aug 15, 01:21

Air Canada to Halt All Flights Amid Flight Attendant Strike

Air Canada will cease all flights on Saturday, August 19th, due to a planned strike by 10,000 flight attendants represented by CUPE, impacting 130,000 daily passengers and disrupting summer travel, after eight months of failed contract negotiations primarily over compensation for non-flight work.

Air Canada to Halt All Flights Amid Flight Attendant Strike

Air Canada will cease all flights on Saturday, August 19th, due to a planned strike by 10,000 flight attendants represented by CUPE, impacting 130,000 daily passengers and disrupting summer travel, after eight months of failed contract negotiations primarily over compensation for non-flight work.

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What are the main reasons behind the flight attendants' strike vote?

The shutdown stems from an overwhelming union vote in favor of a strike, after eight months of failed contract negotiations. The key point of contention is compensation for work performed by flight attendants outside of flight time, which the union argues is currently uncompensated. Air Canada claims it offered a 38% compensation increase over four years, which was rejected.

dailymail.co.uk

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Aug 15, 10:15

New Home Prices Drop in 30 Major US Metro Areas

Year-over-year median listing prices for new US homes fell in June 2025 in 30 major metro areas, particularly in the South and West, due to increased inventory following a pandemic-driven construction boom, while Midwest and Northeast markets remain relatively unaffected.

New Home Prices Drop in 30 Major US Metro Areas

Year-over-year median listing prices for new US homes fell in June 2025 in 30 major metro areas, particularly in the South and West, due to increased inventory following a pandemic-driven construction boom, while Midwest and Northeast markets remain relatively unaffected.

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Reduced Inequality

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What is the extent and impact of the recent price drop in newly constructed homes across major US metro areas?

In June 2025, the median listing price for new homes dropped year-over-year in 30 major US metro areas, primarily in the South and West. This follows a period of rapid new construction fueled by pandemic-era migration and remote work trends. The decline is most significant in cities like Little Rock (15.6 percent), Austin (8.5 percent), and others, reflecting a shift from a seller's to a more balanced market.

us.cnn.com

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Aug 16, 10:15

Air Canada Halts Operations Amid Flight Attendant Strike

Air Canada suspended all operations on Saturday after more than 10,000 flight attendants went on strike due to a contract dispute, stranding thousands of travelers during peak summer travel season; the union rejected the airline's proposal for government-directed arbitration.

Air Canada Halts Operations Amid Flight Attendant Strike

Air Canada suspended all operations on Saturday after more than 10,000 flight attendants went on strike due to a contract dispute, stranding thousands of travelers during peak summer travel season; the union rejected the airline's proposal for government-directed arbitration.

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What is the immediate impact of the Air Canada flight attendant strike on travelers and the airline's operations?

Over 10,000 Air Canada flight attendants went on strike early Saturday, causing the airline to suspend all operations and strand thousands of travelers during peak summer travel season. The strike follows the breakdown of contract negotiations, with the union rejecting the airline's request for government-directed arbitration. Air Canada estimates the daily impact on approximately 130,000 people, with about 25,000 Canadians potentially stranded abroad.

theglobeandmail.com

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Aug 16, 16:17

RioCan Abandons Luxury Rental Development Amidst Canada's Housing Crisis

RioCan Real Estate Investment Trust recently ended its Living division, which focused on building luxury rental apartments in Canada, due to lower-than-expected rental income and high development costs, despite Canada's housing shortage.

RioCan Abandons Luxury Rental Development Amidst Canada's Housing Crisis

RioCan Real Estate Investment Trust recently ended its Living division, which focused on building luxury rental apartments in Canada, due to lower-than-expected rental income and high development costs, despite Canada's housing shortage.

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Sustainable Cities and Communities

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What factors led to RioCan's decision to exit the residential rental development market, despite Canada's housing crisis?

RioCan Real Estate Investment Trust, a Canadian real estate company, recently ceased its Living division, which focused on developing luxury rental apartments. This decision comes despite Canada's severe housing shortage, highlighting challenges in the rental development sector.

cnn.com

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Aug 16, 22:14

Canadian Government Orders Air Canada Flight Attendants Back to Work

On Saturday, over 10,000 Air Canada flight attendants went on strike, prompting the Canadian government to intervene under Section 107 of the Canada Labor Code, ordering a return to work to protect the national economy and resolve the dispute through arbitration; this follows Air Canada's request an...

Canadian Government Orders Air Canada Flight Attendants Back to Work

On Saturday, over 10,000 Air Canada flight attendants went on strike, prompting the Canadian government to intervene under Section 107 of the Canada Labor Code, ordering a return to work to protect the national economy and resolve the dispute through arbitration; this follows Air Canada's request an...

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What are the potential long-term implications of the government's intervention on labor relations in Canada and the future of Air Canada?

This intervention sets a precedent for future labor disputes in Canada, potentially influencing how the government balances worker rights with economic stability. The speed and effectiveness of the arbitration process will determine the long-term consequences for Air Canada, its employees, and the Canadian travel industry.

bbc.com

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Aug 16, 04:16

High Bus Fares Strain Young Adults in England; Free Travel Proposed

A report recommends free bus travel for under-22s in England to address high costs impacting young people's ability to work, study, and socialize, contrasting with existing government funding for service improvements and examples from other countries with affordable public transport.

High Bus Fares Strain Young Adults in England; Free Travel Proposed

A report recommends free bus travel for under-22s in England to address high costs impacting young people's ability to work, study, and socialize, contrasting with existing government funding for service improvements and examples from other countries with affordable public transport.

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What are the immediate financial impacts of high bus fares on young adults in England, and how would free bus travel mitigate these?

Young adults in England face significant financial strain due to high bus fares, impacting their ability to afford essentials like food and limiting social activities. A report suggests free bus travel for under-22s, mirroring a Scottish initiative, to improve access to work and education. The Department for Transport counters with existing funding for service improvements.

welt.de

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Aug 15, 07:20

Bavarian Auto Industry Faces Massive Job Cuts Amidst Relocations

In Bavaria, Germany, thousands of automotive jobs are being cut, with the IG Metall union warning of tens of thousands more potential losses due to companies relocating production and research abroad, primarily for strategic profit reasons, despite claims of high costs and bureaucracy.

Bavarian Auto Industry Faces Massive Job Cuts Amidst Relocations

In Bavaria, Germany, thousands of automotive jobs are being cut, with the IG Metall union warning of tens of thousands more potential losses due to companies relocating production and research abroad, primarily for strategic profit reasons, despite claims of high costs and bureaucracy.

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Why are companies relocating production and jobs, and what role do strategic decisions play in this trend?

This job reduction is driven by strategic corporate decisions to increase profits, not solely by high labor costs or bureaucracy as claimed. A survey of 333 Bavarian metal and electrical companies shows 57% of automotive companies plan to move production abroad, compared to 43% overall. 76% of automotive companies plan job cuts, compared to 51% overall.

abcnews.go.com

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Aug 15, 04:14

Air Canada Cancels Flights Ahead of Potential Strike

Air Canada began canceling flights on Thursday, potentially impacting 130,000 daily travelers due to a possible strike by around 10,000 flight attendants who are protesting what they call "poverty wages" and unpaid labor; the airline expects a complete grounding by Saturday morning, with the dispute...

Air Canada Cancels Flights Ahead of Potential Strike

Air Canada began canceling flights on Thursday, potentially impacting 130,000 daily travelers due to a possible strike by around 10,000 flight attendants who are protesting what they call "poverty wages" and unpaid labor; the airline expects a complete grounding by Saturday morning, with the dispute...

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What are the key sticking points in the negotiations between Air Canada and its flight attendants' union?

The dispute centers on flight attendants' compensation, with the union citing "poverty wages" and unpaid work. Air Canada's latest offer includes a 38% compensation increase over four years, yet negotiations have stalled. The potential for government intervention looms large.

Showing 385 to 396 of 4,292 results