Jobs
Private sector companies added 122,000 jobs in December, less than expected, ADP says
A worker adjusts hiring signage at a job and resource fair hosted by the Mountain Area Workforce Development Board in partnership with NCWorks in Hendersonville, North Carolina, US, on Tuesday, Nov. 19, 2024. Allison Joyce | Bloomberg | Getty Images Private sector job creation eased more than expected in December while wages grew at the […]
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BYD brought hundreds of Chinese workers to Brazil on irregular visas, Reuters reports
A drone view shows BYD’s new electric vehicle (EV) factory’s construction site in Camacari, Brazil December 26, 2024. Joa Souza | Reuters Electric vehicle producer BYD brought hundreds of Chinese workers on irregular visas to build a factory in Brazil, a key labor inspector told Reuters on Tuesday, adding the company has pledged to comply with local labor laws for the workers remaining in the country. A total of 163 […]
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Why the ‘great resignation’ became the ‘great stay,’ according to labor economists
Key Points The “great resignation” of 2021 and 2022 saw unprecedented numbers of workers quit their jobs amid ample and better-paying job opportunities. Today, it’s the “great stay.” Businesses pulled back on hiring due to higher interest rates. Fewer job openings hindered the prevalence of quitting. Employers aren’t laying off many workers, however, due to […]
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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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