Tag #Labour Market

cbsnews.com
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Social Security's Full Retirement Age Rises Again in 2025

The full retirement age for Social Security benefits is increasing to 66 years and 10 months for those born in 1959, starting November 2025, impacting younger Boomers and Gen Xers who already face insufficient retirement savings; the final increase will be to age 67 for those born in 1960 or later.

Progress

40% Bias Score

Reduced Inequality
nos.nl
🌐 65% Global Worthiness
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Dutch Pharmacies to Strike During Christmas Week

Dutch pharmacies will be closed next week due to a strike from December 23rd-27th, impacting access to medication during the Christmas week. Around 10,000 employees are demanding a 6% salary increase and reduced workload, blaming insurance companies for the stressful working conditions. Emergency se...

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28% Bias Score

Good Health and Well-being
zeit.de
🌐 85% Global Worthiness
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Volkswagen-IG Metall Labor Talks: Crucial Negotiations to Avert Major Dispute

Volkswagen and IG Metall are holding crucial two-day negotiations in Hannover to avert a major labor dispute involving potential 10% wage cuts, plant closures, and layoffs affecting roughly 130,000 employees across Niedersachsen, Hessen, and Sachsen. The union has already staged two rounds of strike...

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36% Bias Score

Decent Work and Economic Growth
faz.net
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VW-IG Metall Negotiations: Potential Agreement by Wednesday

VW and IG Metall are in intense negotiations to avert plant closures and job losses, with a potential partial agreement by Wednesday; however, failure to reach an agreement could trigger further strikes.

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56% Bias Score

Decent Work and Economic Growth
cnbc.com
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High Demand for Data Analysts in the U.S. Creates Six-Figure Opportunities

The U.S. faces a shortage of nearly 300,000 data analysts, with entry-level salaries averaging $93,000 and experienced professionals earning $110,000 or more, driven by increased reliance on data-driven decision-making across various industries.

Progress

40% Bias Score

Decent Work and Economic Growth
dw.com
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Europe Halts Syrian Asylum Applications Amid Assad's Fall

Following the fall of Syrian dictator Bashar Assad on December 8, Germany, along with France, Britain, Italy, and others, swiftly paused asylum applications from Syrian nationals, impacting over 47,000 pending claims in Germany and heightening concerns among the 1.5 million Syrians already in Europe...

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60% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
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BSH to Close Navarra Plant, 660 Jobs Affected

BSH, a German home appliance manufacturer, will close its EsquΓ­roz (Navarra) plant in six months, impacting 660 employees due to persistent market difficulties and competition despite a national profit of 60 million euros in 2023.

Progress

48% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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Amazon Rejected Safety Recommendations Despite Link to Increased Worker Injuries

A Senate investigation found that Amazon knew of the link between its high production quotas and increased worker injuries but rejected safety recommendations to prioritize customer experience, while a separate CBS investigation revealed that Amazon trucking contractors have higher safety violation ...

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44% Bias Score

Good Health and Well-being
euronews.com
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EU's Gender Employment Gap Costs €370 Billion Annually

The European Union's gender employment gap costs €370 billion annually due to occupational segregation, unequal unpaid care work, and underrepresentation of women in leadership; national gender quotas show some effectiveness, but the EU's progress toward gender equality remains slow, hindering econo...

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24% Bias Score

Gender Equality
zeit.de
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Volkswagen-IG Metall Wage Dispute: Crucial Talks Underway

Volkswagen and IG Metall are engaged in critical wage negotiations, with a 10% pay cut proposed by VW and job security demanded by the union, impacting around 130,000 employees.

Progress

52% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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German Corporate Insolvencies Surge 24.3% in 2024

Germany experienced a 24.3% increase in corporate insolvencies in 2024, totaling 22,400, primarily due to economic stagnation, weak domestic demand, and global trade slowdown, resulting in €56 billion in creditor losses and 320,000 job losses.

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48% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Falling HELOC Interest Rates Offer Homeowners Cheaper Borrowing Options

In 2024, HELOC interest rates have fallen almost two percentage points, offering homeowners a cheaper borrowing alternative to credit cards and personal loans; however, using home equity requires careful consideration of variable interest rates and the current economic climate.

Progress

48% Bias Score

Reduced Inequality