employment-opportunities
Top StoriesFactbox: Companies Cut Jobs, Freeze Hiring to Prepare for Economic Slowdown
Top StoriesTight U.S. Labor Market Keeps Upward Pressure on Wages; Inflation Heats Up
Top StoriesBritain’s Rail Network Hit by Fresh Strike Action Over Pay Dispute
BusinessAs Global Pilot Shortage Bites, Creative Solutions Can Offer Way Out of the Crisis
Recruiter Randstad’s Earnings Rise as Talent Remains ‘scarce’
Date: July 26, 2022
By Valentine Baldassari and Charlotte Lavin (Reuters) -Dutch recruitment firm Randstad reported an 18% jump in second-quarter core profit on Tuesday, broadly in line with analysts’ expectations, as companies continued to compete for workers. The group’s underlying earnings before interest, taxes and amortisation (EBITA) reached 308 million euros ($315 million) in the three months to...
Analysis-Workers Seize Their Moment to Shift the Balance of Power
Date: July 26, 2022
By Mark John (Reuters) – It should surprise no one that the first big pandemic-era display of worker power was in air travel, according to Sharan Burrow, head of the International Trade Union Confederation. “The aviation sector globally is a prime example of bad employment policy,” Burrow said of an industry whose high-volume, low-cost model...
Exodus of Ukrainian Workers Hits Europe’s Emerging Economies
Date: July 25, 2022
By Fanny Brodersen, Anna Koper and Michael Kahn GORZOW WIELKOPOLSKI, Poland (Reuters) – Construction sites, factory assembly lines and warehouses across central Europe are scrambling to fill vacancies after tens of thousands of Ukrainian men left their blue-collar jobs to return home after Russia invaded their country. Ukrainian workers had flocked to central Europe in...
Lufthansa Ground Staff to Strike Over 9.5% Pay Claim
Date: July 25, 2022
By Maria Sheahan BERLIN (Reuters) – Ground staff at Deutsche Lufthansa will stage a one-day strike on Wednesday in pursuit of a 9.5% pay claim, adding to travel disruption during the busy summer travel season. Strikes and staff shortages have already forced airlines including Lufthansa to cancel thousands of flights and caused hours-long queues at...
Aldi UK Awards Store Staff Second Pay Rise This Year
Date: July 25, 2022
LONDON (Reuters) -German-owned discount supermarket group Aldi UK said on Monday it was awarding its store staff a second pay rise this year in another indication of Britain’s tight labour market. Many UK employers are offering higher pay deals in the face of staff shortages and accelerating prices. The Bank of England is watching settlements...
Recruiter SThree Half-Year Profit, Revenue Surge on Hiring Boom
Date: July 25, 2022
(Reuters) -British recruiter SThree Plc reported on Monday a jump in its first-half revenue and operating profit, supported by strong hiring demand and as people move jobs in a competitive market. The global hiring sector has seen a boom as recruiters benefit from soaring wage inflation, increased fee rates resulting from the high demand and...