employment-opportunities
BankingBoeing Starts Issuing Layoff Notices as Planemaker Trims 10% of Workforce
BusinessEuro Zone Employment Ticks Up, GDP Growth Figure Confirmed
TradingMorning Bid: No End in Sight for Trump-Fuelled Trade
BusinessGerman Union Says Auto and Engineering Workers to Get 5.5% Wage Rise
Germany’s Ig Metall Union Says Agrees Wage Deal for Key Industries
Date: November 12, 2024
By Alexander Hübner MUNICH (Reuters) -Germany’s largest industrial union said it had struck a wage deal in regional talks for the electrical engineering and metal industries on Tuesday, signalling an end to difficult negotiations that saw tens of thousands of workers go on strike. After a marathon 18 hours of talks, the union said it...
UK Regular Pay Rises by Annual 4.8% in Three Months to September
Date: November 12, 2024
LONDON (Reuters) – British average weekly earnings, excluding bonuses, were 4.8% higher in the three months to the end of September than a year earlier, the Office for National Statistics said on Tuesday. Economists polled by Reuters had mostly forecast regular wage growth of 4.7%. (Reporting by Andy Bruce and David Milliken; editing by...
Analysis-As Its Industry Struggles, Germany Services Sector Offers Untapped Growth Potential
Date: November 11, 2024
By Maria Martinez (Reuters) – By chiefly focusing on trying to salvage its industry champions, German policymakers may have overlooked the untapped growth potential of the country’s services sector. The German economy, once described as Europe’s growth engine, has underperformed euro zone peers since 2018 and faces further pain amid plans by car giant Volkswagen...
UK Public-Sector Pay Rises to Overtake Private Ones, Employers Say
Date: November 11, 2024
By Suban Abdulla LONDON (Reuters) – British public-sector employers now expect to raise pay faster than their private-sector counterparts for the first time since late 2020, after the new Labour government approved big public-sector pay rises funded in part by higher employer taxes. The Chartered Institute of Personnel and Development said 2,000 employers surveyed from...
French Pilots’ Union Flags Strike to Protest Tax Hike on Airline Tickets
Date: November 11, 2024
PARIS (Reuters) – French pilots’ union SNPL is calling for strike action on Thursday to protest against a government proposal to triple the levy on flight tickets as part of wider plans to plug a hole in France’s state budget, a spokesperson said on Sunday. WHY IT IS IMPORTANT The strike notice, which concerns Air...
Stellantis to Lay Off 400 Workers at Detroit Parts Facility
Date: November 9, 2024
By Nora Eckert DETROIT (Reuters) -Stellantis added to its rising tally of layoffs on Friday, saying 400 workers at a Detroit automotive parts facility would indefinitely lose their jobs as the carmaker reduces costs in its struggling North American business. “As Stellantis navigates a transitional year, the focus is on realigning its U.S. operations to...