LABOUR

Boeing Slashes 17,000 Jobs Amid Strike and Delayed Aircraft Deliveries

Boeing is facing a turbulent period as it announced plans to cut 17,000 jobs, equivalent to 10% of its global…

1 month ago

Thailand’s Wage Hike: A Double-Edged Sword?

The government in Thailand plans to raise the daily minimum wage by 14%, reaching 400 baht ($10.88) by October 1.…

6 months ago

Germany Unemployment Forecast for a Decade High

Germany is poised to witness a significant rise in unemployment, reaching levels not seen since 2015, with an expected peak…

7 months ago

Barclays Bank to Cut 5000 Jobs amidst Global Workforce Reduction

Barclays Bank has embarked on a significant restructuring process, reducing its global workforce by 5,000. This decision forms part of…

10 months ago

South Africa’s Unemployment Crisis: A Ticking ‘Time Bomb’!

South Africa is facing a pressing unemployment crisis, with a staggering rate nearing 33%. This alarming figure has prompted the…

1 year ago

The UK Economy is sick: The Economic Impact of Rising Illness Rates

The UK's economy is ailing, and this isn't just a figure of speech. More Britons than ever are out of…

1 year ago

Genies CEO Banks on ChatGPT to Supercharge Productivity and Cut Costs

The CEO of Genies, a $1 billion avatar tools company, is investing $2,400 a month on ChatGPT Plus accounts for…

2 years ago

Some Hidden Truths behind that “Made in the USA” label

A recent survey by the Department of Labor's Wage and Hour Division revealed that some Southern California garment workers are…

2 years ago

China’s new goal of growing productivity at a higher rate than GDP depends on rural education

After the recent ‘two sessions’ in Beijing, a series of high-level meetings which determine the economic and social policy for…

4 years ago

Is taxing robots the best way to protect human jobs?

According to research from Oxford Economics in 2019, up to 20 million manufacturing jobs could be replaced by robots by 2030.…

4 years ago

Unemployment claims in the US crept above 1 million again through mid-August

According to data released by the US Labour Department, new unemployment claims for the week ending August 15th stood at…

4 years ago

Multinational food delivery company to move away from gig economy workers

In a move which could transform the nature of the food delivery industry, Jitse Groen, the CEO of Just Eat…

4 years ago

American airline employees are facing the tough decision of cutting their losses or gambling for hope of a brighter future

The aviation industry has been one of the hardest hit by Covid-19. With countries closing borders and people ordered to…

4 years ago

British Supercar manufacturer McLaren to cut more than 25% of their workforce

As the world’s economies continue to reel from the damage caused by the spread of Covid-19, Supercar manufacturer McLaren is…

4 years ago

The more you sell the more it costs: Amazon have record sales but are paying the price for it

In this crazy new world we live in where everybody stays at home, one company which has benefitted hugely and…

5 years ago

Minimum wage in the UK increases by 6.2%

As of Wednesday this week, national minimum wage in the UK has increased by 6.2% for those aged 25 and…

5 years ago

Can the economically inactive fill the staff shortages in the UK?

The British Home Secretary has suggested the training and upskilling of the economically inactive in order to fill the large…

5 years ago

American productivity bounces back in the fourth quarter of 2019

After a dismal 0.2% decline in productivity in the third quarter of 2019, American workers bounced back through October to…

5 years ago

High speed trains that drive themselves? It must be 2020!

China, the world leader in high-speed rail technology, has just opened a new 172km route which hurtles passengers across the…

5 years ago

Why is everything made in China?

If you are like me and not much of a shopper, I recently found a much more interesting way to…

5 years ago