Tag #Labour Market

forbes.com
🌐 75% Global Worthiness
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U.S. Quit Rate Plummets to 2015 Levels, Raising Stagnation Concerns

The U.S. voluntary quit rate fell below 2% in September 2024, the lowest since 2015 excluding a brief COVID-19 dip, prompting concerns about potential stagnation despite positive factors like improved job satisfaction and benefits.

Progress

16% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 75% Global Worthiness
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Audi to Close Brussels Plant, Bypassing Social Plan

Audi will close its Brussels plant on February 28, 2025, eliminating approximately 3000 jobs without a social plan due to poor sales of the Q8 e-tron SUV and high logistics costs, prompting strong reactions from Belgian officials and labor unions.

Progress

48% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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Senate Republicans Block Democrats' NLRB Nominee

The Senate failed to confirm Lauren McFarren for another term on the National Labor Relations Board (NLRB) due to opposition from Sens. Manchin and Sinema, giving the incoming Trump administration control over the agency's composition and likely its agenda.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Dry Promotions Rise: A Growing Equity Concern

Dry promotions, where employees gain titles or responsibilities without pay raises, are increasing, affecting 13% of companies in 2023 (Pearl Meyer); women and marginalized groups disproportionately experience this, potentially widening existing pay gaps.

Progress

24% Bias Score

Gender Equality
nbcnews.com
🌐 75% Global Worthiness
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PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo

The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.

Progress

44% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Train Driver Pay Deal Risks Worsening Christmas Rail Disruptions

Labour's 14% pay increase for train drivers, averaging nearly \£70,000 annually, is causing potential Christmas travel chaos due to reduced overtime availability, exposing the existing over-reliance on rest day working and impacting services already reduced due to planned engineering works.

Progress

60% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Evonik Announces Major Restructuring Amidst German Chemical Industry Downturn

Evonik, a German chemical company, announced its largest-ever restructuring plan, impacting around 7000 jobs due to cost-cutting and the reorganization into two segments (Custom Solutions and Advanced Technologies), each with approximately €6 billion in annual revenue, effective April 1, 2025. Despi...

Progress

4% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 85% Global Worthiness
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French Profit-Sharing Law to Boost Employee Savings to €200 Billion by 2024

The 2023 French "loi sur le partage de la valeur" mandates profit-sharing for companies with 11-49 employees starting in 2025, boosting employee savings, which reached €190 billion in 2023 and are projected to grow 5% in 2024, impacting 13 million workers in nearly 400,000 companies.

Progress

28% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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2025: The Year of "Revenge Quitting" in the Workplace

The year 2025 is expected to see a surge in "Revenge Quitting," where employees leave their jobs to make a statement against their employers, fueled by burnout, poor communication, and dissatisfaction with work conditions. This follows "Quiet Quitting" and is driven by increased workloads, communica...

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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MindIQ Founder Fires Top Salesperson Despite High Performance

Louie Bernstein, founder of MindIQ, fired his top salesperson in the late 1980s due to uncoachability and negative impact on workplace morale, despite her high sales; this decision ultimately improved team dynamics and sales.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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"Met Police Faces First-Ever Staff Strike Amid Budget Crisis and Return-to-Office Mandate"

"Over 50% of the 2,400 Met Police PCS union members voted to strike over a return-to-office mandate, impacting 999 call handlers, PCSOs, and child protection experts, potentially jeopardizing public safety amid existing budget cuts and staff reductions."

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
mk.ru
🌐 75% Global Worthiness
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Russia's Subsidized Mortgages Inflate Housing Prices Without Boosting Construction

Between May 2020 and June 2024, Russia's multi-apartment construction increased by 15% to 115 million square meters due to subsidized mortgages; however, apartment prices doubled or tripled, indicating that the program inflated prices rather than boosting construction.

Progress

44% Bias Score

Sustainable Cities and Communities