Tag: Labour Market
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Hong Kong Unemployment Holds at 3.8% as Economy Maintains Momentum
HK jobless rate unchanged at 3.8% amid solid growth Hong Kong’s unemployment rate remained steady at 3.8% in the latest three-month period, even as the labour market saw a small contraction in both the number of people seeking work and total employment. The preliminary figures released by the Census and Statistics Department point to a…
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Britain’s Jobs Dilemma: Is Reeves’ Tax Raid Weighing on the Labour-Policy Engine?
Overview: A jobs market in tension Britain finds itself navigating a delicate balance: a surplus of jobseekers relative to vacancies and a government agenda aimed at reshaping the tax system. The Resolution Foundation, a think tank long associated with Labour policy circles, has raised concerns that the Chancellor’s recent tax measures—described as a £26bn package—may…
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Britain Faces a Jobs Downturn as Reeves Tax Raid Faces Scrutiny
Introduction: A Growing Jobs Mismatch in Britain Britain is confronting a troubling paradox: more people seeking work than there are positions available. As the labor market cools, a familiar debate has returned: what role does government policy play in shaping job opportunities? A leading think tank with strong ties to Labour policy circles argues that…
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Britain’s jobs squeeze: too many jobseekers, too few vacancies and a tax raid blamed
Introduction: A paradox at the heart of Britain’s labour market Britain currently faces a striking labour market paradox: a growing pool of jobseekers alongside a shortage of available roles. While employment remains high by historical standards, the rate of job creation has slowed, and vacancies have not kept pace with the rising number of people…
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Ireland’s Unemployment Rises to 5.3% in Q3, The Highest Since 2021
Ireland’s Unemployment Rate Climbs to 5.3% in Q3 The CSO has reported that the unemployment rate for people aged 15 to 65 rose to 5.3% in the third quarter of this year, up from 4.5% in the same period last year. This marks the highest level observed since the third quarter of 2021, a notable…
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Ireland’s Unemployment Surges to Highest Level Since 2021, CSO Reports
Summary of the CSO figure The Central Statistics Office (CSO) has reported that the unemployment rate for people aged 15 to 65 rose to 5.3% in the third quarter, up 0.8 percentage points from 4.5% a year earlier. This marks the highest level observed since the third quarter of 2021, as Ireland transitions from the…
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Wage Growth Slows in Australia as Real Wages Decline
Australia’s Real Wages Dip as Inflation Outpaces Pay Latest wage data confirms a slowdown in wage growth, with private-sector workers seeing real incomes fall in the September quarter. Despite ongoing labour market tightness, wages have not kept pace with rising prices, raising questions about household living standards and the trajectory of monetary policy. What the…
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Unemployment Latest: Grim or Turning Point for Jobs Market
Shifting Readings: Grim Trends or a Possible Turning Point? The release of the latest labor market figures on Wednesday, November 5, arrives with a mix of expectations and nerves. For months, commentators have debated whether the unemployment rate is on a stubborn climb or if signs of resilience are starting to surface. The answer could…
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Changes in Canada’s Foreign Worker Policy
Introduction to Canada’s Foreign Worker Policy Changes Canada is at the forefront of discussions regarding its foreign worker policy, especially in light of recent announcements made by Prime Minister Mark Carney. These changes are set to significantly impact skilled professionals looking to work in Canada, particularly in sectors such as software development and healthcare. Key…

