Tag #Labour Market

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lemonde.fr

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Feb 18, 19:07

Lubrizol Strike in France: 169 Job Cuts Protested Amidst Plant Profitability

A strike at Lubrizol's Rouen and Le Havre plants, starting February 18th, is protesting a restructuring plan eliminating 169 jobs, including 145 in Rouen, despite the plant's reported profitability and high production output. The union claims the restructuring is linked to the 2019 chemical fire.

Lubrizol Strike in France: 169 Job Cuts Protested Amidst Plant Profitability

A strike at Lubrizol's Rouen and Le Havre plants, starting February 18th, is protesting a restructuring plan eliminating 169 jobs, including 145 in Rouen, despite the plant's reported profitability and high production output. The union claims the restructuring is linked to the 2019 chemical fire.

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How does the 2019 chemical fire at the Rouen plant relate to the current restructuring plan and worker concerns?

Lubrizol's restructuring, impacting 169 jobs including 145 in Rouen, follows a 2019 chemical fire. Union representatives argue the plant's viability and profitability, contrasting its production output with a competitor, and citing the creation of new customer centers and an Indian mega-factory as contributing factors. The delayed implementation of the restructuring plan was insufficient to prevent the strike.

politico.eu

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Feb 17, 07:09

German Unemployment Set to Hit 3 Million Amidst Industrial Crisis

Germany's unemployment is surging, projected to hit 3 million by mid-year due to an industrial crisis, job cuts in the automotive sector, and a skills gap, masking the true extent of job losses with increased early retirement and Kurzarbeit schemes.

German Unemployment Set to Hit 3 Million Amidst Industrial Crisis

Germany's unemployment is surging, projected to hit 3 million by mid-year due to an industrial crisis, job cuts in the automotive sector, and a skills gap, masking the true extent of job losses with increased early retirement and Kurzarbeit schemes.

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What is the immediate impact of the industrial crisis and skills gap on German employment, and what is the projected unemployment rate by mid-year?

Germany's unemployment rate, currently at 6.2 percent, is projected to reach 3 million by mid-year, a level unseen in a decade. This surge follows widespread job cuts in the automotive sector and other industries, impacting smaller businesses reliant on manufacturing giants. The Ifo institute's employment barometer reveals that almost all German industrial branches intend to reduce their workforce.", A2="The current crisis stems from a confluence of factors including the loss of cheap energy, intensified competition from China, and structural weaknesses exacerbated by the collapse of the 'traffic light' government. Increased use of early retirement schemes and Kurzarbeit (short-time work) masks the true extent of job losses, with preliminary estimates indicating 293,000 employees receiving Kurzarbeit benefits in November 2024. This situation is further complicated by a widening skills gap and a lack of new vacancies.", A3="The extension of Kurzarbeit, while intended to aid companies, might prolong the life of unsustainable jobs, hindering workforce reallocation to more viable sectors. The rising number of corporate bankruptcies (up 25 percent in 2024) and a monthly loss of 10,000 industrial jobs point to a deeper, more structural economic malaise. The upcoming election and formation of a new government may bring some stability, though experts predict high unemployment for at least the next decade.", Q1="What is the immediate impact of the industrial crisis and skills gap on German employment, and what is the projected unemployment rate by mid-year?", Q2="How do early retirement schemes and Kurzarbeit affect the official unemployment figures, and what are the underlying causes of Germany's economic downturn?", Q3="What are the long-term implications of Germany's current economic challenges, and how might the upcoming election influence the trajectory of unemployment?", ShortDescription="Germany's unemployment is surging, projected to hit 3 million by mid-year due to an industrial crisis, job cuts in the automotive sector, and a skills gap, masking the true extent of job losses with increased early retirement and Kurzarbeit schemes.", ShortTitle="German Unemployment Set to Hit 3 Million Amidst Industrial Crisis"))

bbc.com

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Feb 17, 13:10

UK Firms Plan Job Cuts Amid Rising Employment Costs"

Facing rising employment costs, including increased National Insurance and minimum wage, over one-third of 2,000 surveyed UK firms plan job cuts or reduced hiring; many are raising prices, and confidence among small businesses is at a 10-year low.

UK Firms Plan Job Cuts Amid Rising Employment Costs"

Facing rising employment costs, including increased National Insurance and minimum wage, over one-third of 2,000 surveyed UK firms plan job cuts or reduced hiring; many are raising prices, and confidence among small businesses is at a 10-year low.

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What are the immediate consequences of rising employment costs for UK businesses and employment?

A new survey reveals that over one-third of 2,000 UK firms plan to cut jobs or reduce hiring due to rising employment costs, including increased National Insurance payments and minimum wage. Businesses are also responding by raising prices. This will particularly impact sectors like retail and hospitality.

theglobeandmail.com

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Feb 17, 01:08

Neurodiversity Hiring: Addressing Canada's Labor Shortages

Canadian companies in IT and finance are successfully hiring neurodivergent individuals, achieving 100% offer acceptance rates in some programs, highlighting an untapped talent pool in other sectors facing labor shortages, especially in healthcare; adapting successful models from IT and finance, wit...

Neurodiversity Hiring: Addressing Canada's Labor Shortages

Canadian companies in IT and finance are successfully hiring neurodivergent individuals, achieving 100% offer acceptance rates in some programs, highlighting an untapped talent pool in other sectors facing labor shortages, especially in healthcare; adapting successful models from IT and finance, wit...

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What are the immediate impacts of successful neurodiversity hiring initiatives in Canada's IT and finance sectors, and how do these impact broader labor shortages?

Many Canadian employers, especially in IT and finance, are successfully hiring neurodivergent individuals, leading to 100% offer acceptance rates in some cases. These initiatives involve redesigned recruitment and management processes, focusing on skills demonstration rather than traditional interview formats. This contrasts with persistent stereotypes associating neurodivergency with IT, while data shows a broader distribution of neurodivergent students across various fields.

dailymail.co.uk

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Feb 17, 07:09

Centrelink Boost for 5 Million Australians in March

Over 5 million Australians will receive a Centrelink payment boost in March 2024 due to indexation, impacting Age Pension, Disability Support Pension, Carer Payments, Commonwealth Rent Assistance, and JobSeeker; however, JobSeeker's increase will be smaller next year because inflation has moderated.

Centrelink Boost for 5 Million Australians in March

Over 5 million Australians will receive a Centrelink payment boost in March 2024 due to indexation, impacting Age Pension, Disability Support Pension, Carer Payments, Commonwealth Rent Assistance, and JobSeeker; however, JobSeeker's increase will be smaller next year because inflation has moderated.

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No Poverty

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How does the calculation of these increases reflect government policy and economic indicators?

This indexation, calculated twice yearly, aims to maintain the value of welfare payments amid the cost of living crisis. September 2024 saw increases in various payments: Age Pension by $28.10 (single) and $21.20 (couple member), Disability Support Pension similarly, and Commonwealth Rent Assistance by 10%. JobSeeker rose by $15.30 (single, no children) in September. These increases connect directly to government efforts to mitigate cost-of-living pressures.

cincodias.elpais.com

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Feb 17, 10:14

Spanish Wage-Productivity Gap: Accounting and Working Hours, Not Just Productivity

Analysis of Spanish economic data from 1995 reveals a divergence between real wage growth and productivity, explained by accounting differences (deflators, remuneration vs. wages), and a 5.4% decrease in average weekly working hours, not solely a lack of productivity gains.

Spanish Wage-Productivity Gap: Accounting and Working Hours, Not Just Productivity

Analysis of Spanish economic data from 1995 reveals a divergence between real wage growth and productivity, explained by accounting differences (deflators, remuneration vs. wages), and a 5.4% decrease in average weekly working hours, not solely a lack of productivity gains.

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What are the main factors contributing to the apparent disconnect between real wage growth and productivity growth in Spain since 1995?

The graph shows a divergence between real wages and productivity in Spain since 1995, challenging the traditional economic assumption that wage increases must be tied to productivity gains. However, a closer examination reveals that accounting practices and reduced working hours significantly contribute to this apparent gap, not solely a disconnect between wages and productivity.

forbes.com

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Feb 18, 19:07

Insightful Interview Questions: A Key to Job Success

Michelle's interview struggles highlight the importance of asking insightful questions during job interviews to impress employers, as emphasized by AT&T manager Jim; pre-interview research and thoughtful questioning during the interview are key.

Insightful Interview Questions: A Key to Job Success

Michelle's interview struggles highlight the importance of asking insightful questions during job interviews to impress employers, as emphasized by AT&T manager Jim; pre-interview research and thoughtful questioning during the interview are key.

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What is the most effective strategy for job candidates to impress hiring managers and demonstrate their suitability during interviews?

Job interviews are crucial for securing employment. Michelle, struggling with unsuccessful interviews, seeks guidance on improving her performance. Asking insightful questions is key to showcasing genuine interest and demonstrating suitability for the role.

smh.com.au

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Feb 17, 07:09

Australia's Housing Crisis Deepened by Decades of Falling Construction Productivity

A Productivity Commission report reveals a 53 percent decline in physical productivity and a 12 percent decline in labor productivity in Australia's residential construction sector over 30 years, driven by complex approvals, innovation shortfalls, industry fragmentation, and workforce issues, signif...

Australia's Housing Crisis Deepened by Decades of Falling Construction Productivity

A Productivity Commission report reveals a 53 percent decline in physical productivity and a 12 percent decline in labor productivity in Australia's residential construction sector over 30 years, driven by complex approvals, innovation shortfalls, industry fragmentation, and workforce issues, signif...

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Sustainable Cities and Communities

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How have government policies impacted housing construction productivity in Australia, and what specific regulatory or policy changes are recommended?

The decline in housing construction productivity stems from complex approvals, limited innovation, a fragmented industry, and workforce challenges. These factors have led to a 40 percent increase in construction costs over five years and an 80 percent increase in build times over 15 years, exacerbating the housing shortage.

elpais.com

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Feb 17, 19:09

189,203 Spanish Workers Faced Employment Changes in 2024

In 2024, 189,203 Spanish workers faced altered employment conditions—8,000 more than in 2023—primarily due to production reductions (85,519), economic reasons (32,260), and the Valencia floods (31,442 via ERTEs).

189,203 Spanish Workers Faced Employment Changes in 2024

In 2024, 189,203 Spanish workers faced altered employment conditions—8,000 more than in 2023—primarily due to production reductions (85,519), economic reasons (32,260), and the Valencia floods (31,442 via ERTEs).

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How did the Valencia floods specifically impact employment figures in 2024, and what role did ERTEs play in mitigating the effects?

The 2024 increase in employment changes reflects both broader economic factors and the specific impact of the Valencia floods. Production reductions (85,519 affected workers) and economic reasons (32,260) were primary causes, while the floods led to a significant number of ERTE applications. This highlights the vulnerability of smaller companies and the disproportionate effect of crises on employment.

theguardian.com

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Feb 17, 04:10

UK Faces Record Redundancy Wave Amidst Collapsing Business Confidence".

A survey reveals UK employers are preparing for the largest redundancy round in a decade due to decreased business confidence and upcoming tax increases, impacting various sectors and potentially leading to increased unemployment and inflation.

UK Faces Record Redundancy Wave Amidst Collapsing Business Confidence".

A survey reveals UK employers are preparing for the largest redundancy round in a decade due to decreased business confidence and upcoming tax increases, impacting various sectors and potentially leading to increased unemployment and inflation.

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What are the immediate economic consequences of the record-high redundancy intentions among UK employers, and how will this impact different sectors?".

The UK is bracing for its largest redundancy wave in a decade, driven by plummeting business confidence and upcoming tax increases. A survey of 2,000 employers reveals redundancy intentions at a 10-year high, impacting various sectors including pubs, which saw 4,500 job losses last year alone.

lexpress.fr

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Feb 17, 10:13

Amazon's Return-to-Office Mandate Faces Logistical and Employee Backlash

Amazon's mandate for 350,000 employees to return to the office five days a week by January 2025 is causing significant logistical problems, including parking shortages and insufficient workspace, leading to high employee dissatisfaction and potential loss of talent.

Amazon's Return-to-Office Mandate Faces Logistical and Employee Backlash

Amazon's mandate for 350,000 employees to return to the office five days a week by January 2025 is causing significant logistical problems, including parking shortages and insufficient workspace, leading to high employee dissatisfaction and potential loss of talent.

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What are the immediate consequences of Amazon's mandatory return-to-office policy for employee productivity and satisfaction?

Amazon's mandate for 350,000 employees—roughly a quarter of its workforce—to return to the office five days a week by January 2025, is encountering significant logistical challenges. Employee dissatisfaction is high, with over 90% expressing discontent following the announcement. This is causing difficulties in collaboration and productivity.

theglobeandmail.com

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Feb 17, 13:10

Workplace Crisis: Purpose, Hope, and the Need for a New Social Contract

Jennifer Moss's "Why Are We Here?" highlights a widespread employee crisis of detachment and purpose, revealing a significant gap in purpose between executives (85%) and front-line managers (15%), urging leaders to foster hope, purpose, and strong workplace relationships to improve job satisfaction ...

Workplace Crisis: Purpose, Hope, and the Need for a New Social Contract

Jennifer Moss's "Why Are We Here?" highlights a widespread employee crisis of detachment and purpose, revealing a significant gap in purpose between executives (85%) and front-line managers (15%), urging leaders to foster hope, purpose, and strong workplace relationships to improve job satisfaction ...

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What are the key factors contributing to the widespread feelings of detachment and lack of purpose among employees, and what are the immediate consequences for organizations?

Why Are We Here?" by Jennifer Moss explores widespread employee feelings of detachment and lack of purpose, impacting productivity and job satisfaction. A significant finding is the gap in purpose between executives (85% feeling fulfilled) and front-line managers (15%), highlighting a critical leadership challenge. Moss proposes a new social contract emphasizing hope, purpose, and strong workplace relationships.

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