jobs
Workers in the United Kingdom can soon ignore work-related emails and phone calls during out-of-office hours. It comes after the new Labour government’s election campaign pledge for the "right to switch off," which allows workers to disconnect from work outside of hours and refuse extra work during weekends. But the "right to switch off" is not a new concept and has already been embraced by several European countries. Here’s how some of them have implemented it. Related Portugal makes it illegal for your boss to text you after work in 'game changer' remote work lawThe EUThe European Union (EU)...
Euronews (English)
Some of the worst barriers to starting businesses, changing jobs, or moving from one state to another are occupational licensing requirements. The need to get permission from the government to work protects existing practitioners at the expense of those trying to enter trades and professions. That reduces competitive pressure that could improve quality and lower prices. If you're trying to maneuver your way around such impediments to prosperity, you might be interested in a new report that examines licensing requirements for each state plus the District of Columbia and ranks them from best to ...
Reason
Management officials at the German industrial conglomerate ThyssenKrupp are meeting on Friday to talk through a spin-off of the company's steel unit. Around 27,000 people work in the affected division and 13,000 of them are employed in Duisburg - a city in the west of Germany, north of Cologne. It is not yet clear exactly how many jobs will be lost in the restructuring process, although positions in Duisburg are protected until March 2026. On Thursday evening, employees gathered in front of the Duisburg steel headquarters to protest against the firm's reorganisation. Demonstrators held candles...
Euronews (English)
Girls are more likely than boys to respond to lessons about climate change - but they are also more likely to worry, according to new research. The report, led by a team from University College London (UCL), investigated the experiences of students in English schools and their perceptions of climate change. The survey of 2,429 11 to 14-year-olds found that 36 per cent of pupils said they worry ‘a lot’ or ‘all the time’ about what the world will be like in the future. Half said they worry ‘a little’ and, when asked if they thought adults were doing enough to look after the environment, 53 per c...
Euronews (English)
The first domino: A bad U.S. economic outlook, reflected in Friday's jobs report, helped prompt major stock sell-offs globally over the weekend. "Japanese stocks collapsed on Monday in their biggest single day rout since the 1987 Black Monday sell-offs," reports Reuters, with the Nikkei 225 index falling 12.4 percent and the Topix index falling 12.2 percent. The Kospi index in South Korea fell more than 10 percent. Equity markets felt the pain in Taiwan, Australia, Singapore, Hong Kong, and China, though to a lesser degree. "At one point, the plunge in Japanese and Korean stocks tripped a 'cir...
Reason
A bummer of a jobs report released Friday morning triggered a sharp drop in the stock market and stocked fear of a coming recession—thanks to something known as the "Sahm Rule." So what is that? It is named after economist Claudia Sahm, who served as a top economic advisor during the Obama administration and identified a historical indicator of coming recessions in 2019: every time since 1970 that the three-month moving average of the U.S. unemployment rate is more than half a percentage point above the lowest three-month moving average from the previous year, a recession has soon followed. Th...
Reason
The unemployment rate in the eurozone climbed to 6.5% in June on a seasonally-adjusted basis, according to data released by Eurostat on Thursday. That’s up from 6.4% in May, and means that around 11.122 million people in the eurozone are out of work. “Although the unemployment rate remains close to historic lows, this is the first rise we have seen in the unemployment rate since 2023, and only the second since the covid pandemic started, which shows the labour market is starting to soften after a long period of strong growth,” said Ángel Talavera, Head of Europe Economics at Oxford Economics. ...
Euronews (English)
Chaya Raichik, the woman behind the popular Libs of TikTok social media accounts, has complained in the past about the efforts to "cancel and silence" her. It appears she is taking a page from the playbook she supposedly hates. Raichik's online operation reposts TikTok videos of left-leaning content creators saying things that often border on the absurd. She has recently upped the ante, amplifying Facebook posts from random people making crass comments about the assassination attempt on former President Donald Trump, blasting them to her 3.2 million followers on X, and tagging their employers ...
Reason
France is reducing the working hours of construction workers due to heatwaves. In some cases, companies send workers home but still pay their wages for the day. Most construction companies are getting used to dealing with the heat, as the problem is becoming increasingly frequent and limited working hours are now the norm. Despite around 30C in the shade, workers on a construction site in Toulouse were working in full sunshine. "It`s a real problem because accidents have already happened, and we are trying to anticipate them," Hugo Pastorello, a site supervisor, said. "We have to come to the s...
Euronews (English)
Last September, California Governor Gavin Newsom (D) signed a bill mandating a $20 minimum wage for fast food workers. The new wage is among the highest in the county, surpassing even Washington, D.C.'s $17.50 minimum wage. While supporters touted the wage increase as a way to help struggling Californians, detractors warned that restaurant owners would respond by laying off workers, cutting their hours, or speeding up the already starting shift to automation. The law went into effect in April, meaning that it's likely too early to tell what the ultimate effects of the law will be. However, a r...
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