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UK LABOR MARKET
Britain's economic woes fuel discontent with Brexit a decade after historic vote to leave EUA decade after Britain's vote to leave the European Union, business leaders like Simon Boyd and Mike Hawes express frustration. Promises of...- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- Can’t find a job after graduation? Blame WFH, not AIRecent graduates are blaming AI for a tough job market, but new studies suggest remote work is the primary culprit. WFH policies make it ha...
- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- India set to bargain hard in trade talks with US, UK this weekIndia faces critical trade negotiations with the US and UK this week. New Delhi seeks to protect its exporters from potential tariffs and s...
- WeWork CEO John Santora's warning to senior leaders on Gen Z: 'AI is not going to provide empathy, leadership, and mentoring.'Young professionals face a tough job market, with AI's rise causing anxiety. However, experts suggest this is a cyclical shift, not an AI-d...
- Gold slips as oil strength, interest rate worries dampen appealGold prices dipped for a second week, pressured by escalating oil costs and growing inflation worries. Concerns over potential interest rat...
- Taxes and Trump leave UK in a worse state than Starmer found itBritain's Prime Minister Keir Starmer faces a tough economic climate. Inflation is rising, and living standards are not improving. Economic...
- Gold jumps on weaker dollar, Middle East peace hopesGold prices surged over 1% as a weaker dollar and easing oil prices reduced inflation concerns, fueled by hopes of a U.S.-Iran peace deal. ...
- War revives stagflation dangers for global economyGlobal economic outlook faces uncertainty as seven weeks of Middle East conflict impact growth and inflation. Business surveys from Austral...
- World finance chiefs head to IMF with a sense of déjà vuGlobal economic policymakers convene amid concerns over President Trump's actions impacting Middle East growth. The IMF warns of reduced ca...
- UK unemployment touches five-year highUK unemployment has reached its highest point since the pandemic. Wage growth has also slowed down. This weakening labor market is leading ...
- UK economy still 'static' even amid strong growth figures in 2024, says Bank of England Governor Andrew BaileyThe UK economy posed strong figures towards the end of 2024, but Bank of England Governor Andrew Bailey is of the opinion that the current ...
- UK think tank wants govt to learn from Canada & Australia, introduce immigration targetsA UK think tank linked to Labour leader Keir Starmer has proposed an Australian-style immigration system with "long-term targets" and an "e...
- UK may be planning to tighten visa rules for hiring foreign techiesThe UK government is contemplating stricter visa rules for foreign IT, telecom, and engineering professionals to address high migration and...
- As Sunak explores immigration curbs, data shows foreign workers have saved UK from worsening staff shortagesNew figures from the Office for National Statistics reveal that an influx of non-European Union (EU) foreign workers has helped alleviate s...
- Soaring UK wages spur inflation risks, says BoE chief economistGovernor Andrew Bailey said it's too early to talk about the possibility of reducing interest rates, Pill said “more persistence in wage an...
- UK migration advisor tells Sunak government to scrap special visa rules for shortage occupationsThe MAC expressed concerns about the risk of exploitation in sectors that recruit low-wage workers. Currently, employers can hire migrant w...
- Labor Day 2023 boosts 'The Equalizer 3' box office, Christopher Nolan's 'Oppenheimer', Barbie continue glorious runLabor Day in USA has provided boost to box-office business of The Equalizer 3. Meanwhile, Christopher Nolan's 'Oppenheimer' and Greta Gerwi...
- UK jobs boom cools as vacancies slip below pre-Covid levelUK online job advertisements slipped below pre-Covid levels for the first time in almost two years, adding to evidence that Britain's red-h...
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