labor-market
BusinessGlobal Labor Market Conference Sets Gulf State Issues in Global Context
Top StoriesUS Job Growth Misses Expectations in October as Labor Market Slows
Top StoriesThousands of Greeks Rally as State Workers Strike Over Labour Law Plans
Top StoriesECB Risks Losing Sight of ‘greedflation’ With Laser-Focus on Wages
Pension Protests to Bring ‘maximum’ Workers in France After Government, Union Talks Fail
Date: April 6, 2023
By Silvia Aloisi PARIS (Reuters) – France braced for a new round of nationwide protests and strikes on Thursday after a meeting between the prime minister and labour unions failed to break a political stalemate over a deeply unpopular pension bill making people work for longer. Protests against the reform – which lifts the retirement...
Stocks, Yields Fall; Data Suggests U.S. Economy Cooling
Date: April 5, 2023
By Caroline Valetkevitch NEW YORK (Reuters) – World stock indexes declined on Tuesday, with all three major U.S. stock indexes ending lower, while the U.S. dollar fell to a two-month low and Treasury yields eased after data suggested a cooling in the U.S. labor market. The U.S. Labor Department report showed U.S. job openings in...
U.S. Job Growth Powers Ahead; Unemployment Rate at 3.4%
Date: February 3, 2023
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated sharply in January while the unemployment rate hit a more than 53-1/2-year low of 3.4%, pointing to a persistently tight labor market, and a potential headache for Federal Reserve officials as they fight inflation. The Labor Department’s closely watched employment report on Friday also showed...
Apple’s Australian Workers Go on Christmas Strike Demanding Better Wages, Work Terms
Date: December 23, 2022
(Reuters) – Apple Inc’s workers in Australia initiated a strike Friday afternoon, demanding better working conditions and wages, a workers’ union said, a move that might dent sales of the tech giant during the peak Christmas shopping time. Workers represented by Australia’s Retail and Fast Food Workers Union (RAFFWU) had earlier this month announced a...
Fuel Runs Short at S.Korean Petrol Stations as Top Union Begins Strike Alongside Truckers
Date: December 6, 2022
By Ju-min Park and Heekyong Yang UIWANG, South Korea (Reuters) -A nationwide strike by South Korean truckers has led nearly 100 petrol stations across the country to run dry, government data show, and a national trade union launched a general strike on Tuesday in support of the drivers. The truckers’ strike over a minimum pay...
Younger Chinese Are Spurning Factory Jobs That Power the Economy
Date: November 21, 2022
By David Kirton SHENZHEN (Reuters) – Growing up in a Chinese village, Julian Zhu only saw his father a few times a year when he returned for holidays from his exhausting job in a textile mill in southern Guangdong province. For his father’s generation, factory work was a lifeline out of rural poverty. For Zhu,...