labourforce
Most refugees who arrived in Germany thanks to Angela Merkel's "Open Door" policy have now found work, according to a recent study by the Institute for Employment Research (IAB). For the cohort who arrived in 2015, the employment rate in 2022 was 64%, compared with 77% for the wider German population. Some 90% of employees in this group were subject to social security contributions, claimed IAB, and the median gross hourly wage for 2015 arrivals was €13.70. This is above the low-wage threshold of €12.50, despite the fact that the mean age of refugees is much lower than the national average. "D...
Euronews (English)
The Spanish unemployment report for the first quarter (Q1) of 2024 was released on Friday morning and showed that unemployment in the country rose to 12.29% from 11.80% in Q1 2023, according to the National Statistics Institute (INE). This was also more than analyst forecasts of 11.80%. This higher figure comes as Spain continues to struggle with a significant number of its employment contracts being temporary, due to its massive tourism and hospitality sector, as well as chronically low productivity. Market measures supporting job stability in SpainAlthough an increase from the previous quart...
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Eighteen influential global figures are calling for more robust measures to tackle air pollution ahead of the World Bank and IMF Spring Meetings in Washington DC next week. The "Our Common Air" Commission says that airborne toxins are currently a threat to our climate, health, and economies, but that the issue is not yet getting the attention it deserves. It is estimated that air pollution causes seven million premature deaths a year, notably as it is linked to respiratory and cardiovascular diseases. "Clean air is not just something that costs money to achieve, but is an asset which can impro...
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Skill shortages are increasingly becoming a serious problem for employers across Europe, as illustrated by different surveys. In 2023, 54% of Small and Medium-sized Enterprises (SMEs) in the EU reported that difficulties in finding employees with the right skills were one of their most serious issues, according to Eurostat. ManpowerGroup, a global workforce solutions company, also found that three in four employers in 21 European countries could not find the skills they required. This was 42% in 2018, corresponding to 33 percentage points or a 79% rise in the last five years. The survey, publi...
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Countries in Europe and Central Asia are estimated to make $84.2 million (€78.1) in illegal profits from forced labour every year, according to a recently published report by the International Labour Organization (ILO). Victims from 51 European and Central Asian countries – including Germany, Italy, Russia, Spain, Albania and Uzbekistan – clocked in the highest estimation of illegal profits per victim, sitting at roughly €19.7 million. The European Commission (EC) describes forced labour as individuals threatened with violence or intimidation to work or who have been forced to work through ind...
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By 2050, the number of people aged 65 and over is set to rise to 1.6 billion globally. This is more than double the figure seen in 2021. The trend is driven by two intrinsically positive factors: improved population health and female autonomy. Whilst people are living longer, women’s education is also improving, meaning they’re generally having fewer children. The effects of an ageing population are more concerning than its catalysts. Just last year, many of the world’s eyes followed the political unrest in France. When President Macron government’s announced it wished to raise the retirement ...
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