Tag #Labour Market

dailymail.co.uk
🌐 75% Global Worthiness
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Labour's Budget Triggers Hiring Freeze, Economic Uncertainty

Labour's £25 billion employer national insurance hike has prompted businesses to freeze hiring, causing economic stagnation and impacting household confidence, particularly in the housing market where rising mortgage rates add further strain.

Progress

52% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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\"Katies to Close All Stores, 480 Jobs Lost in Mosaic Brands Restructuring\"\

\"Mosaic Brands Group will close all 80 Katies stores in Australia by mid-January, resulting in approximately 480 job losses across its brands, as part of a broader restructuring plan to address \$249 million in debt and consolidate its business, impacting Millers, Rivers, and Noni B brands.\"

Progress

40% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 75% Global Worthiness
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"Widespread Retirement Savings Shortfall Threatens Americans' Financial Security"

"Vanguard data reveals a median retirement savings balance of just $35,000 for plan participants, while half of those aged 55-66 have nothing; women are particularly vulnerable, indicating a widespread retirement savings crisis."

Progress

48% Bias Score

No Poverty
elmundo.es
🌐 65% Global Worthiness
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Madrid Reaches Deal on Public Sector Worker Agreement

The Madrid regional government finalized a new collective bargaining agreement with unions, effective January 1, 2024, to December 31, 2028, benefiting 40,000 public employees, including a voluntary career progression system and updated regulations on telework, leave, and promotion.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Gen Z Retail Workers Face High Risk of Workplace Violence Amidst Trust Deficit

Workplace violence affects up to 75% of North American workers, with Gen Z retail employees at highest risk; a recent survey revealed that 49% of retail workers would only report violence anonymously due to fear of retaliation, highlighting the urgent need for comprehensive prevention strategies and...

Progress

32% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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"Volkswagen Strike: Four-Hour Work Stoppage Amid Wage Dispute"

"A four-hour warning strike at seven Volkswagen plants in Germany, including Wolfsburg, is underway as the fourth round of wage negotiations begins. The union, IG Metall, opposes VW's demand for a 10% pay cut and potential plant closures; VW recently paid out a 4.5 billion euro dividend."

Progress

36% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Economic Volatility Delays Australian Retirements

Rising inflation and cost of living are causing many Australians nearing retirement to delay their plans by an average of six years, impacting their financial security and highlighting the need for adaptable retirement strategies, according to recent research.

Progress

44% Bias Score

No Poverty
bbc.com
🌐 75% Global Worthiness
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Edinburgh Airport Fuel Tanker Strike Announced

Fuel tanker drivers at Edinburgh Airport, members of the Unite union, will strike for 19 days from December 18 to January 6 due to a rejected 4.5% pay increase offer; this may disrupt long-haul flights and some LoganAir services.

Progress

48% Bias Score

Decent Work and Economic Growth
dutchnews.nl
🌐 75% Global Worthiness
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Netherlands Ranks Last in Labor Shortages, Threatening Economic Growth

A new report reveals the Netherlands ranks last among 89 major economies for labor shortages, leading to a declining business climate (rated 6/10) and 20% of companies considering relocation due to government policy instability and planned research budget cuts of €200 million.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 65% Global Worthiness
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Toronto Condo Resale Market Shows Signs of Life Amidst High Inventory

Toronto's condo resale market saw a 38 percent year-over-year sales increase in November 2024, driven by lower interest rates and decreased prices; however, high inventory levels and buyer hesitancy persist, hindering a robust recovery.

Progress

36% Bias Score

Reduced Inequality
fr.euronews.com
🌐 85% Global Worthiness
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Volkswagen Faces Strikes Amidst €10 Billion Cost-Cutting Demands in Germany

Volkswagen is negotiating with unions in Germany to prevent plant closures and a 10% salary cut, facing a €10 billion cost-reduction goal amid weak European demand and Chinese competition; strikes have already affected nine sites.

Progress

36% Bias Score

Decent Work and Economic Growth
fr.euronews.com
🌐 85% Global Worthiness
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Denmark's Competitiveness: A 'Flexicurity' Model and Clean Energy Leadership

Denmark ranked third in the 2024 IMD World Competitiveness Ranking, a success attributed to its 'flexicurity' labor market model that combines flexible hiring and firing with robust unemployment benefits and active labor market policies, coupled with its leadership in clean energy.

Progress

44% Bias Score

Decent Work and Economic Growth