Category: Job
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High street job losses climb to 170,000 amid rising tax burdens
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The UK’s struggling high streets have lost nearly 170,000 retail jobs this year – the biggest annual toll since pandemic lockdowns in 2020 – as stores face higher taxes, rising costs and weak consumer spending. Figures from Altus Group and the Center for Retail Research (CRR) reveal a 42 per…
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Record surge in job applications as UK vacancies dwindle
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The UK labor market is under intense pressure with the number of applications submitted for every job advertised skyrocketing, reflecting deep-rooted economic uncertainties and a tight recruitment climate. According to data from talent acquisition platform Tribepad, the average number of applications per job opening reached 48.7 in November, a staggering…
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UK job vacancies fall at fastest pace since pandemic as business mood darkens
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UK employers reduced recruitment efforts sharply in November, with job vacancies falling at their fastest rate since the start of the pandemic. New data from KPMG and the Recruitment and Employment Confederation (REC) reveals that demand for staff has fallen at a “sharp and accelerating pace”, indicating deepening labor market…
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US Job Growth Due for Snapback After Storms and Strike
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Breadcrumb links PMN works US hiring likely jumped in November after hurricanes and a major strike undermined job growth the previous month, consistent with a healthy but gradually cooling labor market. Article writer: Bloomberg News Molly Smith, Vince Juhl and Craig Sterling Posted on November 30, 2024 • 6 minute…
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Vauxhall workers face 140-mile relocation or job loss as Stellantis shuts factory
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Car maker giant Stellantis has announced plans to close its 120-year-old factory that makes many Vauxhall cars, leaving more than 1,000 employees with the daunting dilemma of moving 140 miles north or losing their jobs. The $205 billion carmaker said it plans to cease operations at its Luton truck manufacturing…
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Ford plans 4,000 more job cuts in Europe as EVs lose momentum
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Ford Motor Co. will look to cut another 4,000 jobs in Europe, further cutting costs within a region where the shift to electric vehicles is losing momentum industry-wide. The cuts – amounting to about 14% of Ford Europe’s workforce – will primarily affect operations in Germany and the UK by…
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How to find a remote job: Improve your odds with leadership skills
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Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page. It’s no secret…
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How to find a remote job: Improve your odds with leadership skills
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Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page. It’s no secret…
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New Zealand Dollar Rises as Robust Wage Growth Outweighs Q3 Job Decline
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New Zealand’s labor market slowed slightly in Q3 2024, with employment falling by 0.5% quarter-on-quarter (versus an expected 0.4% decline) and the unemployment rate rising from 4.6% to 4.8%. The labor force participation rate also declined to 71.2% compared to 71.7% in the previous quarter. Furthermore, job gains last quarter…
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Why Karen Lynch lost the CEO job at CVS
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As head of corner drugstore and health insurance giant CVS, Lynch presided over the largest Fortune 500 organization, measured by sales, of any CEO, and reigned for years as the most powerful woman in American business. In her first two years after being selected for the top job in late…
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Why Karen Lynch lost the CEO job at CVS
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As head of corner drugstore and health insurance giant CVS, Lynch presided over the largest Fortune 500 organization, measured by sales, of any CEO, and reigned for years as the most powerful woman in American business. In her first two years after being selected for the top job in late…
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Hundreds of Hilton hotel workers walk off the job in Seattle By Reuters
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(Reuters) – More than 100 workers at the Hilton Hotel in Seattle have quit their jobs to demand higher wages, fair hiring and workloads and a reversal of coronavirus-era cutbacks, the United Here union said on Saturday. “The week-long strikes by 374 workers at the DoubleTree by Hilton Seattle Airport…
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Exclusive-CVS to exit core infusions services business, job cuts possible By Reuters
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Written by Amina Niasse NEW YORK (Reuters) – CVS Health is exiting its core infusion services business and plans to either close or sell 29 related regional pharmacies in the coming months, a company spokesman confirmed to Reuters on Friday. Details of the strategic shift were announced in a CVS…
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Treasury boss declines US envoy job amid Adani deals
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Americans know him as the Deputy Chief of Mission at the Kenyan Embassy in Washington, DC. But Kenyans know him as the Director-General of Public-Private Partnerships (PPP) at the Treasury and the main explainer of the controversial deal in which Indian billionaire Gautam Adani wants to manage and develop the…
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AI will radically change every job in the next year, Indeed CEO says
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On this episode of Fortune’s Leadership Next podcast, host Diane Brady talks to Indeed CEO Chris Hyams. The interview was conducted live in front of an audience at Deloitte’s Next Generation CEO Program. During the discussion, the conversation covered Hyams’ nontraditional route to the C-suite, which included jobs at an adolescent psychiatric hospital and…
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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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Address policy hurdles agricultural sector SMEs face to spur job creation
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Agriculture is the key to Africa’s economic recovery. The African Development Bank expects the sector to generate $1 trillion in profits by 2030. Therefore, there is a need for bold agricultural reforms that strengthen smallholder farmers and direct investments towards this sector. Study of the 2022 Alliance for a Green…
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Car parts supplier Forvia cuts 2024 outlook again, to speed up job cuts By Reuters
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Written by Nathan Fevlin (Reuters) – French auto parts supplier Forvia cut its annual sales and profit forecasts for the second time in three months on Friday, reflecting weakness in European and North American markets and a delay in China. “We have lost, compared to last year, about 2 million…
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U.K. Gen Zers set to finally see salary ranges for job listings
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Thousands of Gen Z workers in the UK are likely browsing through job applications as we write, dissatisfied with the lack of transparency over pay in their current jobs, and with the ambiguity surrounding potential new employers. But all that may be about to change. Nearly half of UK employers…