Australia’s unemployment rate has surged to its highest point in four years, raising fresh concerns about the country’s economic future. To revive the struggling job market, the Reserve Bank of Australia is now considering a cut in interest rates
Browsing: labor market
Factories proudly bearing the “Made in Argentina” label are closing their doors amid soaring costs and economic turmoil, deepening the challenges for President Milei’s administration as it battles to revive industry and restore economic stability, Reuters reports
Italy’s once-struggling south is bursting back to life as more workers return, igniting a dynamic revival in local economies and turning the tide on years of decline. Experts are now buzzing with optimism, envisioning a future filled with sustainable growth and renewed prosperity for the region
Japan is facing a growing labor shortage and urgently needs foreign workers to bridge the gap. However, rising far-right opposition is fueling resentment and resistance against immigration policies, making it increasingly challenging to address the country’s workforce needs
Canada’s job market took a thrilling leap forward in September, far surpassing analysts’ predictions with a powerful boost in new jobs. This impressive surge showcases the economy’s remarkable strength and resilience amid continuing global challenges
The UK has just boosted its Temporary Shortage List by adding 82 new occupations, creating fresh opportunities to ease the strain on the labor market. This update paves the way for migrant workers to thrive in vital fields such as health, engineering, and IT
Australia is boldly embracing international education as a game-changing workforce strategy, aimed at boosting skills and closing critical labor gaps. This innovative move promises to reshape the nation’s economic landscape, reports The Koala News
In Trump’s crackdown on H-1B visas, China is seizing a golden opportunity to attract the world’s brightest tech minds. As India faces new challenges, Beijing is boldly accelerating its quest to dominate the global talent landscape
Brazil has witnessed a remarkable plunge in unemployment, showcasing a powerful economic comeback. The latest figures from MercoPress reveal that key industries are booming with job creation, sparking fresh hope and excitement for the future of the nation’s workforce
More Australians are choosing to work well into their 70s, fueled by shifting attitudes toward retirement and growing financial needs. A Bloomberg.com report highlights this exciting trend of extended careers sweeping across the nation
Rising inflation and climbing unemployment rates are raising new alarms for Europe’s largest economy. Experts warn that these mounting challenges could slow growth and fuel greater uncertainty in the months ahead
German unemployment has surged beyond 3 million, highlighting a dramatic increase amid persistent economic struggles. This alarming rise intensifies concerns over the stability of the job market in Europe’s largest economy, DW reports
Young Canadians are facing a surge in unemployment as job opportunities rapidly vanish, raising urgent alarms about the country’s economic future. Experts warn that this alarming pattern could signal deeper challenges jeopardizing Canada’s recovery and long-term prosperity
Day one of The Guardian’s economic reform roundtable ignited a dynamic debate, shining a spotlight on pressing issues: the revolutionary impact of AI on the workforce, employer resistance to wage reforms, and urgent calls for clear policy frameworks to ensure fair and sustainable economic growth
Syrian immigrants are powering Germany’s economic revival, filling essential labor shortages and igniting a wave of vibrant startups. Their bold entrepreneurial spirit and valuable skills are fueling growth and sparking innovation throughout key industries
Youth unemployment in Canada is skyrocketing to record highs, driven by persistent economic hurdles. Experts warn that if this urgent issue isn’t addressed swiftly, it could threaten not just the career prospects of young people but the stability of the entire economy
The China shock is sending shockwaves through Germany, as a flood of imports from China intensifies pressure on local industries, triggering job losses and tightening wages. A new CEPR report uncovers the deep economic and social impacts reverberating across Germany’s manufacturing heartland
Young Chinese graduates in the UK are facing a tougher job market than ever before, as Brexit uncertainties and strict visa regulations create significant hurdles that their local peers don’t have to overcome
Russia is facing a looming population crisis, with a staggering shortage of 11 million workers projected by 2030. In a recent briefing to President Putin, a minister raised urgent warnings about the severe demographic and economic challenges that the country must confront
The Trump administration’s immigration crackdown is sending shockwaves through the U.S. economy, upending labor markets, straining supply chains, and rattling industries that rely heavily on immigrant workers, Axios reports