Tag #Labour Market

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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.

nos.nl

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Feb 17, 16:07

Dutch Junior Doctor Working Conditions Remain Critical

A survey of 2000 Dutch junior doctors reveals that working conditions haven't improved in 10 years, with 25% experiencing burnout, 33% facing unwanted behavior, and most working six uncompensated overtime hours weekly; De Jonge Specialist calls for systemic change.

Dutch Junior Doctor Working Conditions Remain Critical

A survey of 2000 Dutch junior doctors reveals that working conditions haven't improved in 10 years, with 25% experiencing burnout, 33% facing unwanted behavior, and most working six uncompensated overtime hours weekly; De Jonge Specialist calls for systemic change.

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Good Health and Well-being

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How does the perceived vulnerability of junior doctors contribute to the lack of improvement in their working conditions?

The survey, conducted by De Jonge Specialist, highlights a concerning trend: despite almost all respondents (96%) being proud of their profession, many wouldn't choose the same career again due to poor working conditions. This is linked to a perceived vulnerability among junior doctors, who fear losing their positions if they speak out against excessive workload or other issues.

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.

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.

zeit.de

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Feb 17, 19:09

Limited Impact from Brandenburg Public Service Warning Strike

A warning strike by public service employees in Brandenburg on February 20, 2023, resulted in limited service disruptions in several cities, despite union expectations of broader impact; further strikes are threatened if wage demands are not met.

Limited Impact from Brandenburg Public Service Warning Strike

A warning strike by public service employees in Brandenburg on February 20, 2023, resulted in limited service disruptions in several cities, despite union expectations of broader impact; further strikes are threatened if wage demands are not met.

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What was the immediate impact of the warning strike on public services in Brandenburg, and how significant were the disruptions?

The public service workers' warning strike in Brandenburg had limited impact. Daycare centers utilized backup care where staff were striking, while many regions reported no disruptions. City administrations in Potsdam, Cottbus, and Frankfurt (Oder) saw minimal effects, with only minor service limitations and occasional wait times.

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.

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.

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.

taz.de

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Feb 17, 19:09

Deutsche Bahn Averts Strike, Secures Labor Deal

German railway workers secured a 6.5% wage increase and job security until December 2027 in a deal with Deutsche Bahn, averting potential political interference and ensuring operational stability during the company's restructuring, although the cargo division's future remains uncertain.

Deutsche Bahn Averts Strike, Secures Labor Deal

German railway workers secured a 6.5% wage increase and job security until December 2027 in a deal with Deutsche Bahn, averting potential political interference and ensuring operational stability during the company's restructuring, although the cargo division's future remains uncertain.

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How does the agreement address the political risks facing Deutsche Bahn and its workforce?

The deal prevents potential political interference from a new government that might have dismantled Deutsche Bahn, impacting employment. The long-term contract provides Deutsche Bahn with predictable personnel costs, crucial for its restructuring. The EVG secured significant wage increases despite the company's financial difficulties.

dailymail.co.uk

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Feb 16, 19:09

Sydney Trains Face Chaos After Union Wins Fair Work Case

Sydney's train network faces significant disruptions after the Fair Work Commission sided with the Rail, Tram and Bus Union against the NSW government, potentially leading to widespread cancellations and delays due to ongoing industrial action over a pay increase and sign-on bonus dispute.

Sydney Trains Face Chaos After Union Wins Fair Work Case

Sydney's train network faces significant disruptions after the Fair Work Commission sided with the Rail, Tram and Bus Union against the NSW government, potentially leading to widespread cancellations and delays due to ongoing industrial action over a pay increase and sign-on bonus dispute.

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What immediate impact will the Fair Work Commission's ruling have on Sydney's train services?

On Sunday, Australia's Fair Work Commission sided with the Rail, Tram and Bus Union (RBTU) against the NSW government, leading to potential disruptions on Sydney's train network. The RBTU warned commuters to expect delays and cancellations potentially exceeding Friday's severe disruptions, urging alternative commuting arrangements. Sydney Trains confirmed unpredictable impacts, advising commuters to plan ahead and use alternate transport.

Showing 1,153 to 1,164 of 3,053 results