LONDON—Global employment growth is expected to slow down sharply to 1 percent this year compared to 2 percent in 2022, hit by the economic fallout of the war in Ukraine, high inflation, and tighter monetary policy, the International Labor Organization (ILO) said on Monday. At the same time, the number of unemployed people in the…
Global Jobs Growth Will Halve in Challenging 2023: ILO
January 16, 2023
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More Than Half of German Companies Report Labor Shortages
BERLIN—More than half Germany’s companies are struggling to fill vacancies due to a lack of skilled workers, the German Chambers of Commerce and Industry (DIHK) said on Thursday, in the latest sign of growth headwinds belaboring Europe’s largest economy. The proportion of companies facing difficulties hiring was at its highest ever level, the DIHK found…
Demographics: Another Problem for China
Commentary As Communist Party leader Xi Jinping begins an unprecedented third term with a team of loyalists, China faces an array of economic problems—financial strains, a collapse of the property sector, and the ill effects of COVID-19 lockdowns, just to name three currently attention-grabbing headlines. One problem that gets little media attention but nonetheless may…
The Workers Cup | Documentary
October 22, 2022
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This film is only available in the United States because of territorial licensing. Inside Qatar’s labor camps, African and Asian migrant workers building the facilities of the 2022 World Cup compete in a football tournament of their own. * Click the “Save” button below the video to access it later on “My List.” – Feature…
Prices of Airline Tickets Stay High as Upkeep Woes Crimp Fleets
SINGAPORE— Labour shortages and supply chain snarls are making it harder for airlines and lessors to return airplanes grounded during the pandemic to the skies as quickly as they would like, operators and maintenance providers say. A global squeeze on maintenance, repair, and overhaul (MRO) capacity is one of the factors contributing to higher airfares…
World Bank Sees Rising Risk of Global Recession in 2023
WASHINGTON—The world may be edging toward a global recession as central banks across the world simultaneously hike interest rates to combat persistent inflation, the World Bank said on Thursday. The world’s three largest economies—the United States, China, and the euro area—have been slowing sharply, and even a “moderate hit to the global economy over the…
Starbucks Adds Benefits for Non-Union US Workers
NEW YORK—Starbucks announced new student loan repayment tools and a savings account program for all U.S. employees who are not union members, the company said on Monday, amid a growing union drive and soaring demand for coffee. The move came ahead of the chain’s annual Investor Day on Tuesday, when it laid out next year’s…
Australian PM Keen to Pass New Religious Discrimination Protections
July 26, 2022
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Australian Prime Minister Anthony Albanese has signalled he would like to see the Religious Discrimination Bill legislated during Labor’s first term in Parliament. Speaking after attending a church service prior to the opening session of the new Parliament on July 26, the prime minister noted that he respected all people of faith and would look…
Delta Warns of Challenges Over 4th of July Weekend, Allows Rebookings
By Kelly Yamanouchi From The Atlanta Journal-Constitution Delta Air Lines warned that it expects “operational challenges” over the busy Fourth of July weekend, and is allowing customers to change their travel dates to avoid the havoc. Atlanta-based Delta is taking the unusual move of issuing a travel waiver for the July 1–4 period on any…
Airlines Cancel Nearly 700 US Flights as Labor Crunch Weighs
Airlines canceled nearly 700 flights in the United States early Monday, as they struggled to keep up with a surge in summer travel demand due to a shortage of staff ranging from pilots to crew members. Total flight cancellations within, into, or out of the United States as of 6.07 am ET were 669, as…
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