Jobs
VW reaches deal with union after grueling talks
View of the Volkswagen Osnabrück GmbH plant. Friso Gentsch | Picture Alliance | Getty Images Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last gasp deal between Europe’s top carmaker and unions on Friday to avert mass strikes. The agreement was nevertheless hailed […]
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How a government shutdown would (and wouldn’t) affect consumers days before Christmas
The US Capitol Christmas Tree is lit up ahead of the Christmas season on the West Lawn of the US Capitol Building in Washington DC., United States on December 3, 2024. Celal Gunes | Anadolu | Getty Images If the government shuts down days before Christmas, holiday travel could be hit but holiday shipping spared. […]
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Amazon and the endangered future of the middle manager
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Entertainment | Getty Images Amazon CEO Andy Jassy’s note sent this fall to employees about corporate culture drew […]
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Singapore workers are afraid to admit using AI at work, even as demand for AI talent surges
AI adoption is on the rise in Singapore, with 52% of workers in the country using the technology in their jobs, according to Slack’s new Workforce Index. Primeimages | E+ | Getty Images The use of artificial intelligence has grown across industries globally, but there is still some confusion over how to properly use the […]
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‘Low-hire, low-fire’: The U.S. job market is stagnant right now, economists say
Key Points The U.S. job market is seeing a low rate of layoffs but also a slow pace of hiring among employers. That comes amid signs of labor market strength overall: Unemployment is historically low, for example. This means while employers are holding on to workers, job seekers are having a tough time. Source
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‘Pet sitter’ dominates the list of the most trendy roles for workers in Singapore, according to Indeed
“For many, roles like pet sitting or chauffeuring offer something that high-stakes jobs often struggle to provide: simplicity, flexibility, and a sense of control,” says Saumitra Chand, career expert at Indeed. Edwin Tan | E+ | Getty Images “Pet sitter,” “chauffeur,” “bakery assistant” and other service jobs are drawing a surge of interest in Singapore, […]
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Avoid these 3 common mistakes when asking for a promotion, says INSEAD negotiation professor
pixelfit | E+ | Getty Images Asking for a promotion can feel daunting and negotiation can be tricky — but learning how to navigate the process is important. People often approach negotiations with the wrong mindset, said Horacio Falcão, INSEAD professor, negotiation expert, author, serial entrepreneur, and designer of INSEAD’s “The Negotiation Course for the […]
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What Trump’s mass deportation plan would mean for immigrant workers and the economy
President-Elect Donald J. Trump won the White House based partly on his promises to rein in immigration, with targeted policies that range from sending criminals to their home countries to more sweeping ones like mass deportations. During the campaign, Trump pledged to end the Temporary Protected Status that allows workers from select countries to come to […]
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Arizona businesses worry immigration proposal on ballot would exacerbate worker shortage
PHOENIX — Immigration is a top election issue across the country, but few places feel it more than Arizona, the only swing state along the southern border and home to one of the races that could make or break control of the Senate. Arizona businesses say a shortage of workers is threatening to hold up […]
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How the stock market will react to Friday’s jobs report, according to JPMorgan
JPMorgan’s trading desk has some ideas on how much the stock market might move following Friday’s all-important jobs report. Friday’s data on nonfarm payrolls, the unemployment rate and wages are the last major economic release before next week’s presidential election and Federal Reserve policy meeting. Economists polled by Dow Jones expect jobs to have grown […]
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