Tag #Labour Market

europe.chinadaily.com.cn
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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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36% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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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.

Progress

40% Bias Score

Decent Work and Economic Growth
t24.com.tr
🌐 85% Global Worthiness
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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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40% Bias Score

No Poverty
sueddeutsche.de
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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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36% Bias Score

Decent Work and Economic Growth
welt.de
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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.

Progress

16% Bias Score

Decent Work and Economic Growth
forbes.com
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Trump's Re-election Spurs Efficiency Initiative, Potentially Impacting Federal Employee Work Arrangements

Following Donald Trump's reelection, a proposed Department of Government Efficiency (DOGE) initiative, led by Elon Musk and Vivek Ramaswamy, aims to increase efficiency in federal agencies, potentially reducing remote work and relocating some offices; union representatives emphasize balancing organi...

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44% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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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.

Progress

36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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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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40% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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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.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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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.

Progress

36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Lack of Career Growth, Not Low Pay, Drives High U.S. Employee Turnover

A new Harvard study reveals that lack of career growth opportunities, encompassing both professional and personal aspirations, is the main reason for high employee turnover in the U.S., exceeding the impact of low pay or poor benefits, with 3.3 million workers quitting in October 2024 alone.

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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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.

Progress

40% Bias Score

Quality Education