Category: Hiring
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UK jobless rate edges higher as Reeves’s tax rise stalls hiring
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Unemployment rates rose in the UK while the number of job vacancies fell to their lowest level in more than three years, suggesting employers have pulled back on hiring after Chancellor Rachel Reeves’ October budget raised National Insurance contributions. New figures from the Office for National Statistics (ONS) show the…
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Regional hiring slumps as Labour’s NI rise dents employers’ confidence
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Employment outside London fell significantly after Chancellor Rachel Reeves unveiled her first Budget, leaving regional businesses scrambling to contain costs. Recruitment firm Robert Walters reported a 45% fall in fee income from operations outside the capital during the final quarter of 2024, while income in London rose 3%. The company…
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US hiring announcements in 2024 lowest in nine years
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WASHINGTON (Reuters) – Hiring announcements made by U.S. employers last year were the lowest since 2015, a report showed on Thursday, underscoring a sharp moderation in job growth over that period. Global outsourcing firm Challenger, Gray & Christmas said companies announced 769,953 hiring plans, down 1.3% from 2023. Job advertisements…
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December US Jobs Report to Cap Year of Moderate Hiring
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Breadcrumb links PMN works U.S. employers may have eased hiring last month to end a year of moderate but still healthy job growth, which economists expect to continue into 2025. Article writer: Bloomberg News Vince Juhl and Craig Sterling Published on January 04, 2025 • 5 minute read You can…
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UK businesses expect revenue surge and ramped-up hiring in 2025
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British businesses are poised for a stronger start to 2025, with new data suggesting a majority expects higher turnover and increased hiring in the new year – welcome news for Labour’s pledge to revive the country’s sluggish economic growth. Surveys by Lloyds and KPMG indicate that 70 per cent of…
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Smart Hiring Choices: From Data to Decisions
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Fortunately, technology comes to the rescue; The evolution of recruiting software allows recruiters to streamline most routine processes and ensure that every decision is backed by solid data. Here’s a quick overview of how data analysis facilitates smart hiring decisions, what tools can be useful at different stages of the…
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UK Companies Slash Hiring Plans Following Reeves’s Tax Increases
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Nearly two-thirds of UK businesses are set to scale back hiring plans in response to the Chancellor’s £40bn tax rise, according to a new poll by the Confederation of British Industry (CBI). The survey of 266 business leaders found that 62% of them intend to reduce hiring, nearly half expect…
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Justin Sun Applauds Crypto’s Win, Offers Hiring SEC’s Chair
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Tron’s founder, Justin Sun, took X to congratulate the newly elected 47th President of the United States, Donald Trump. The pro-industry Republican candidate’s win has sparked speculation about the sector’s new era, including future anti-crypto regulators like Securities and Exchange Commission (SEC) Chairman Gary Gensler. Is Justin Sun hiring Gary…
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Why Hiring People with ADHD is a Smart Business Move
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Earlier this year, John Higginson was diagnosed with adult-onset ADHD. Getting a diagnosis of neurodivergence was a big step for him. It took a long process and input from family members dating back to his childhood. But when telling people his big news, the most common reaction was to tell…
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US job openings rebound in August; hiring remains sluggish By Reuters
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Written by Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings unexpectedly increased in August after consecutive monthly declines, but hiring was weak and consistent with a labor market slowdown that keeps the Federal Reserve on track to cut interest rates again in November. . The Labor Department’s Job Opportunities and…
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U.S. Flash PMIs Show Slower Hiring And Rising Inflation In September
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Data from S&P Global showed the gap in growth between the manufacturing and services sectors continued in September. flash manufacturing Purchasing Managers’ Index for September: 47.0 (Expected 48.6, down from 48.0 to 47.9) flash Services Purchasing Managers’ Index for September: 55.4 (55.3 forecast, 55.7 previously) producer of goods Manufacturing sector…
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Foxconn chief defends hiring practices after report married women rejected in India By Reuters
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Written by Praveen Paramasivam SRIPERUMBUDUR, India (Reuters) – Foxconn’s chairman defended its hiring practices on Saturday after New Delhi ordered an investigation following a Reuters report that the Apple supplier was rejecting married women from iPhone assembly jobs. “Foxconn hires regardless of gender, but women make up a large part…
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Fed’s Powell Testifies as Inflation, Hiring Cool
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Breadcrumbs Path Links PMN Business Jerome Powell is likely to tell lawmakers that Federal Reserve officials need more confirmation that inflation is slowing before they are in a position to cut interest rates, even as evidence mounts of weak growth and employment. Article author: Bloomberg News Red Beckert and Vince…
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US jobs report for June is likely to point to slower but still-solid hiring
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Breadcrumbs Path Links PMN Business Article author: Associated Press Paul Wiseman Posted on July 05, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content WASHINGTON (Reuters) – The U.S. labor market likely slowed…
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India opposition asks Modi government to question Foxconn hiring practices By Reuters
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Written by Aditya Kalra and Praveen Paramasivam NEW DELHI (Reuters) – India’s opposition Congress party urged Prime Minister Narendra Modi’s government on Saturday to question Foxconn over hiring practices after Reuters reported that the Apple supplier was rejecting married women from iPhone assembly jobs in the country. The government has…
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India opposition asks Modi government to question Foxconn hiring practices By Reuters
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Written by Aditya Kalra and Praveen Paramasivam NEW DELHI (Reuters) – India’s opposition Congress party urged Prime Minister Narendra Modi’s government on Saturday to question Foxconn over hiring practices after Reuters reported that the Apple supplier was rejecting married women from iPhone assembly jobs in the country. The government has…
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Private credit boom drives Sixth Street hiring spree in Europe By Reuters
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Written by Sinead Cruz and Tommy Reggiore Wilkes LONDON (Reuters) – Sixth Street is embarking on the biggest European recruitment drive in its 15-year history, taking up a new regional headquarters in London’s Mayfair and adding up to 20 staff this year to focus on private credit and real estate.…
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Modi’s govt calls on Indian state to look into Reuters report on Foxconn hiring By Reuters
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Written by Praveen Paramasivam, Munsif Vengattil and Aditya Kalra BENGALURU (Reuters) – Indian Prime Minister Narendra Modi’s government said on Wednesday it had asked Tamil Nadu state to submit a “detailed report” after a Reuters story revealed that Apple supplier Foxconn had refused to hire married women for iPhone assembly…
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Parliament wades into secret public debt boss hiring saga
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The National Assembly directed the Treasury to appoint a new director general for the public debt management unit within 60 days amid secrecy over the hiring process that began in January. The Treasury and the Public Service Commission, which oversees the recruitment of civil servants, are guarded over the position…