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LABOR SHORTAGES EUROPE
Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...- EU-India FTA may boost India's competitiveness in some sectors, says EY report on European economic outlookAs Europe grapples with shifting tides in global trade and burgeoning geopolitical tensions, India's trade landscape might pivot dramatical...
- Germany attracts highly educated migrants, but many want to leave. Here’s whyGermany increasingly relies on skilled migrants, with a record number holding university degrees and filling vital roles in sectors like he...
- Food delivery company Grubhub to cut 500 jobsAs of 2024, Grubhub had more than 2,200 full-time employees. The layoffs represent more than 20% of the company's workforce. Earlier, Grubh...
- Germany's economy shrank for the second consecutive year in 2024Germany's economy, the largest in Europe, contracted for the second consecutive year in 2024, with a GDP decline of 0.2%. External shocks, ...
- Europe faces dire economic prospects amid monumental challengesEurope's economy faces sluggish growth, projected at 0.9% annually through 2039, hampered by challenges like the war in Ukraine, competitio...
- Charting the global economy: Powell pivots to September rate cutSignificant economic shifts occurred globally, including major employment revisions in the US, unexpected growth in France, and slowing inf...
- Poland's working population will shrink by a third without migration, new study showsPoland's working-age population is projected to decline by almost a third by 2060, unless the country allows more migrants from beyond east...
- UK sees surge in interest from non-EU job huntersFigures shared by Indeed on Tuesday showed that during June, a 5.5% of searches for British jobs on Indeed's platform originated from poten...
- Calling all foreign workers! The German chip sector’s run into a labour problemGermany is trying to get ahead of its skilled worker shortage. Last October, the government announced a strategy focusing on education, ups...
- IndiGo, Air India's record plane order deliveries may not be an easy ride for Airbus, BoeingAirbus and Boeing have been hit by a labour shortage in the aerospace industry's supply chain, threatening the manufacturers' ability to de...
- Germany eases residency rules for foreigners on 'tolerated stay' permitsA "tolerated stay" permit is issued to individuals who are, in principle, obliged to leave the country, but their departure is temporarily ...
- Aerospace suppliers face competition for hires from planemakersAerospace suppliers are gearing up for a hiring spree in 2023 but could face stiff competition for skilled laborers, including from their t...
- Germany poised to loosen immigration rules for skilled workersChancellor Olaf Scholz’s cabinet is due on Wednesday to approve measures to allow citizens of countries outside the European Union who’ve s...
- World’s key workers threaten to hit economy where it will hurtA surge in strikes and other labor protests is threatening industries all over the world, and especially the ones that involve moving goods...
- Microsoft president Brad Smith sees 'new era' of stagnating labor poolThe trend of around 5 million people expanding the US working age population every five years since 1950 has shifted, starting in the perio...
- Fleeing war in Ukraine, they’re met with employers offering paychecksAs the wartime exodus from Ukraine grows larger, companies are rushing forward with offers of employment, from high-level engineering jobs ...
- European supply constraints could last into 2023, IMF warnsWhile forecasts were for the constraints to ease this year, the fast-spreading Omicron variant of the virus "has injected new uncertainty,"...
- In Paradise and beyond, wage hikes lag global recovery"Businesses are trying to cope with the (labor) shortage in different ways but we aren't seeing industry-wide wage pressures," said Daniel ...
- Faced with shortage of skilled workers, Indian outsourcing company recruits with a busFaced with a difficulty finding skilled employees, one of India's leading outsourcing companies is going out to find prospective workers on...
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