Tag #Labour Market

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forbes.com

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Mar 19, 22:16

Side Hustles Surge: 40% of Americans Rely on Supplemental Income

A LendingTree survey reveals that almost 40% of Americans have a side hustle, earning an average of $1,215 monthly, with 61% stating their life would be unaffordable without it; driven by economic factors, this trend shows 31% of workers considering quitting their full-time jobs to pursue their side...

Side Hustles Surge: 40% of Americans Rely on Supplemental Income

A LendingTree survey reveals that almost 40% of Americans have a side hustle, earning an average of $1,215 monthly, with 61% stating their life would be unaffordable without it; driven by economic factors, this trend shows 31% of workers considering quitting their full-time jobs to pursue their side...

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What are the potential long-term societal and economic implications of this shift towards side hustles and entrepreneurship, and what challenges might arise?

The increasing number of Americans considering or already transitioning from full-time jobs to focus on side hustles (31% considering, 10% already transitioned) signifies a potential disruption in traditional employment. This trend suggests a growing preference for autonomy, passion alignment, and improved work-life balance.

abcnews.go.com

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Mar 19, 04:12

Kemp Appoints First Hispanic Woman as Georgia Labor Commissioner

Georgia Governor Brian Kemp appointed Bárbara Rivera Holmes, the first Hispanic woman to hold statewide office, as the new Labor Commissioner on April 4, 2024, following the death of Bruce Thompson; she will serve until 2027 and plans to run for reelection.

Kemp Appoints First Hispanic Woman as Georgia Labor Commissioner

Georgia Governor Brian Kemp appointed Bárbara Rivera Holmes, the first Hispanic woman to hold statewide office, as the new Labor Commissioner on April 4, 2024, following the death of Bruce Thompson; she will serve until 2027 and plans to run for reelection.

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How does this appointment reflect broader political trends and challenges in Georgia?

This appointment reflects Governor Kemp's efforts to diversify the Republican party in Georgia, a state with a shifting demographic landscape. Holmes's background in economic development and her experience outside metro Atlanta address needs in underserved regions. The appointment also comes after the department faced challenges during the pandemic and budget cuts.

forbes.com

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Mar 18, 19:11

UK Green Paper Proposes Reforms to Disability Employment Support

The UK government's "Pathways to Work" Green Paper proposes reforms to disability employment support, including a "Right to Try" policy, increased employer responsibility for workplace accessibility, Access to Work reform, and a £1 billion investment in employability support, aiming to improve healt...

UK Green Paper Proposes Reforms to Disability Employment Support

The UK government's "Pathways to Work" Green Paper proposes reforms to disability employment support, including a "Right to Try" policy, increased employer responsibility for workplace accessibility, Access to Work reform, and a £1 billion investment in employability support, aiming to improve healt...

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What are the long-term potential impacts of the proposed changes, and what challenges might hinder their success?

The initiative aims to create a virtuous cycle by reducing the £75 billion projected disability support bill by 2029 through improved health outcomes linked to employment and reduced chronic illness. The plan includes significant investment (£1 billion) in employability support coaching and reform of the Access to Work program to improve efficiency and effectiveness.

theguardian.com

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Mar 18, 10:15

\$130,000 Annual Income Needed for Comfortable Rent in Australia

A new report reveals Australians need a \$130,000 annual income to comfortably rent a unit, significantly above average and median salaries, highlighting rental stress impacting even high-income earners across capital cities and regional areas.

\$130,000 Annual Income Needed for Comfortable Rent in Australia

A new report reveals Australians need a \$130,000 annual income to comfortably rent a unit, significantly above average and median salaries, highlighting rental stress impacting even high-income earners across capital cities and regional areas.

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How does rental stress impact different income brackets in Australia, and which areas are most affected?

The 2025 Priced Out report reveals that even six-figure earners face rental stress, with those earning \$100,000 annually spending 38% of their income on rent. This highlights a systemic issue of housing affordability impacting a broad range of income levels across both capital cities and regional areas. The report underscores the increasing unaffordability of rental properties in Australia, impacting middle to high-income earners.

welt.de

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Mar 18, 07:16

German Public Sector Strike Ends as Arbitration Begins

Negotiations for a new public sector collective bargaining agreement in Germany have failed, prompting the initiation of arbitration proceedings involving former Hessian Minister-President Roland Koch and former Bremen Senator Hans-Henning Lühr, to resolve the dispute that involved widespread strike...

German Public Sector Strike Ends as Arbitration Begins

Negotiations for a new public sector collective bargaining agreement in Germany have failed, prompting the initiation of arbitration proceedings involving former Hessian Minister-President Roland Koch and former Bremen Senator Hans-Henning Lühr, to resolve the dispute that involved widespread strike...

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What are the key sticking points between the public sector unions and the employers in the negotiations?

Following three rounds of negotiations, the failure to reach an agreement resulted in the arbitration process. The arbitrators, including former Hessian Minister-President Roland Koch for the employers and former Bremen Senator Hans-Henning Lühr for the employees, will aim to present a recommendation within a week.

dailymail.co.uk

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Mar 18, 04:11

Record High 401(k) Withdrawals Signal US Economic Hardship

In 2024, a record 4.9% of US 401(k) holders made early withdrawals, mainly for housing (35%) and medical expenses, reflecting increased financial strain amid rising mortgage rates, inflation, and high car payment delinquencies (6.6% of subprime borrowers in January 2025).

Record High 401(k) Withdrawals Signal US Economic Hardship

In 2024, a record 4.9% of US 401(k) holders made early withdrawals, mainly for housing (35%) and medical expenses, reflecting increased financial strain amid rising mortgage rates, inflation, and high car payment delinquencies (6.6% of subprime borrowers in January 2025).

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How do rising mortgage rates, inflation, and increased car payment delinquencies contribute to the rise in 401(k) withdrawals?

The rise in 401(k) withdrawals correlates with record-high car payment delinquencies (6.6% of subprime borrowers in January 2025) and reflects broader economic hardship. Around 35% of withdrawals were used to prevent foreclosure or eviction, indicating severe housing insecurity.

zeit.de

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Mar 19, 10:15

Berlin Public Transport Crippled by 48-Hour Strike"

A 48-hour strike by the Verdi union affecting Berlin's U-Bahn, trams, and most buses started on March 19, 2024, due to stalled contract negotiations between Verdi and BVG, impacting commuters and causing traffic congestion, with the S-Bahn unaffected.

Berlin Public Transport Crippled by 48-Hour Strike"

A 48-hour strike by the Verdi union affecting Berlin's U-Bahn, trams, and most buses started on March 19, 2024, due to stalled contract negotiations between Verdi and BVG, impacting commuters and causing traffic congestion, with the S-Bahn unaffected.

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What is the immediate impact of the 48-hour strike on Berlin's public transportation and its commuters?

A 48-hour strike by Verdi union has crippled Berlin's public transport, affecting U-Bahn, trams, and most bus lines. Only some buses operated by subcontractors are running, forcing commuters to use cars or alternative transport. The S-Bahn and regional trains remain unaffected.",

sueddeutsche.de

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Mar 19, 10:15

Berlin BVG strike causes major transport disruption

A 48-hour strike by the Verdi union has severely disrupted Berlin's BVG public transportation network (U-Bahn, trams, buses), impacting commuters and causing significant traffic congestion, while S-Bahn and regional trains continue operations; the strike stems from a protracted pay dispute between V...

Berlin BVG strike causes major transport disruption

A 48-hour strike by the Verdi union has severely disrupted Berlin's BVG public transportation network (U-Bahn, trams, buses), impacting commuters and causing significant traffic congestion, while S-Bahn and regional trains continue operations; the strike stems from a protracted pay dispute between V...

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What are the underlying causes of the ongoing conflict between Verdi and BVG?

The strike, the fourth in the ongoing collective bargaining dispute between Verdi and BVG, highlights the deadlock in negotiations. The two-day stoppage resulted in considerable inconvenience for Berlin residents and underscores the union's dissatisfaction with BVG's offer. The dispute centers on salary increases for approximately 16,000 BVG employees.",

theguardian.com

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Mar 18, 07:16

NSW Psychiatrists Resign Over Unsustainable Workloads

A New South Wales psychiatrist, Dr. Suzanna Goodison, resigned from her position at Royal Prince Alfred Hospital due to unsustainable workloads that compromised patient safety, highlighting a broader crisis in NSW public hospitals where 62 psychiatrists have resigned since January 2024, prompting a ...

NSW Psychiatrists Resign Over Unsustainable Workloads

A New South Wales psychiatrist, Dr. Suzanna Goodison, resigned from her position at Royal Prince Alfred Hospital due to unsustainable workloads that compromised patient safety, highlighting a broader crisis in NSW public hospitals where 62 psychiatrists have resigned since January 2024, prompting a ...

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Good Health and Well-being

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What are the immediate consequences of the mass resignations of psychiatrists in NSW public hospitals?

Due to unsustainable workloads compromising patient safety, Dr. Suzanna Goodison, a consultant liaison psychiatrist, resigned from her position at Royal Prince Alfred Hospital. She subsequently saw a fourfold increase in her income from medical-legal work and other hospital positions.

dw.com

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Mar 18, 16:10

German Public Sector Wage Dispute Enters Arbitration

Following failed negotiations, Germany's public sector wage dispute enters arbitration, with former Hesse premier Roland Koch and former Bremen official Hans-Henning Lühr as arbitrators. The peace obligation halts strikes from Thursday, after the unions' demands for an 8% raise or €350 minimum incre...

German Public Sector Wage Dispute Enters Arbitration

Following failed negotiations, Germany's public sector wage dispute enters arbitration, with former Hesse premier Roland Koch and former Bremen official Hans-Henning Lühr as arbitrators. The peace obligation halts strikes from Thursday, after the unions' demands for an 8% raise or €350 minimum incre...

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What were the key demands of the unions, and what counter-offer did the employers present?

The negotiations involved over 2.7 million public sector workers seeking an 8% pay raise or a minimum €350 increase, plus three extra days off. Employers offered a 5.5% raise, improved 13th-month pay, and higher shift allowances, but this was rejected by the unions. The impasse highlights the tension between workers' demands and the financial constraints of public budgets.

welt.de

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Mar 18, 01:19

German Public Sector Negotiations Fail, Leading to Binding Arbitration

Negotiations for the German public sector (federal and municipal) collapsed, leading to binding arbitration to resolve the dispute involving over 2.5 million workers after strikes disrupted essential services; key disagreements center on pay increases and additional leave.

German Public Sector Negotiations Fail, Leading to Binding Arbitration

Negotiations for the German public sector (federal and municipal) collapsed, leading to binding arbitration to resolve the dispute involving over 2.5 million workers after strikes disrupted essential services; key disagreements center on pay increases and additional leave.

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What are the immediate consequences of the failed negotiations in Germany's public sector, and how will this impact essential services and the wider economy?

The collective bargaining negotiations for the German public sector (federal and municipal) have failed, leading to binding arbitration. Independent arbitrators will now mediate the dispute, temporarily halting nationwide strikes affecting essential services like childcare, waste collection, and public transportation. This decision follows criticism from unions Verdi and dbb, who felt the differences were surmountable.", A2="The breakdown in negotiations highlights a significant financial impasse. While unions initially demanded an 8% pay increase or €350 minimum, employers offered 5.5% plus additional benefits. The disagreement centers on affordability for municipalities and the unions' non-negotiable demands, including a social component for lower pay grades and additional paid leave, resulting in the need for arbitration.", A3="This arbitration process will likely set a precedent for future public sector negotiations, particularly regarding the balance between financial constraints and employee demands. The outcome will significantly affect over 2.5 million workers and may impact future negotiations with other public sector groups. The success of this arbitration hinges on the arbitrators' ability to bridge the substantial gap between the parties' positions, considering the social and financial complexities involved.", Q1="What are the immediate consequences of the failed negotiations in Germany's public sector, and how will this impact essential services and the wider economy?", Q2="What are the key sticking points between the unions and employers in the German public sector negotiations, and how did these contribute to the failure of talks?", Q3="What are the potential long-term implications of this arbitration process on public sector labor relations in Germany, and what are the critical factors that will determine its success or failure?", ShortDescription="Negotiations for the German public sector (federal and municipal) collapsed, leading to binding arbitration to resolve the dispute involving over 2.5 million workers after strikes disrupted essential services; key disagreements center on pay increases and additional leave. ", ShortTitle="German Public Sector Negotiations Fail, Leading to Binding Arbitration"))

nos.nl

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Mar 18, 07:16

Dutch Contractors Face Unenforceable Contract Clauses Shifting Financial Risk

In the Netherlands, independent contractors (ZZP'ers) increasingly face contract clauses that unfairly shift financial risks, like fines for misclassified employment, onto them; these clauses, while often legally invalid, are creating fear and uncertainty, particularly within the ICT and business se...

Dutch Contractors Face Unenforceable Contract Clauses Shifting Financial Risk

In the Netherlands, independent contractors (ZZP'ers) increasingly face contract clauses that unfairly shift financial risks, like fines for misclassified employment, onto them; these clauses, while often legally invalid, are creating fear and uncertainty, particularly within the ICT and business se...

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Why are employers including these legally questionable clauses in their contracts with independent contractors?

This practice reflects employers' attempts to mitigate liability concerning the recent crackdown on disguised employment by the Dutch tax authority. While these clauses are unenforceable, they create fear and uncertainty among freelancers, leading some to accept unfair terms.

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