Labor Market Data and Employment News
South African asset managers question executive pay benchmarking
South Africa's latest debate on boardroom pay is intensifying as variable rewards for listed-company executives rise far faster than fixed salaries. PwC's newest remuneration study shows short and ...
Gallup survey shows most U.S. workers remain in low-quality jobs
A tight labor market is not translating into better work conditions for much of the U.S. workforce, as Gallup finds that only 41% of employed adults hold what it classifies as a quality job. The ...
Westpac cuts more roles as Australia bank layoffs intensify
Australia's banking workforce is facing deeper pressure as a weak housing market and wider use of artificial intelligence weigh on staffing needs. Westpac Banking Corp. is cutting another 140 ...
Australian workers press for tougher ATO action on unpaid superannuation
Pressure is building on Australia’s tax office as workers and industry groups argue that unpaid superannuation remains widespread and too little of it is being recovered. Independent estimates ...
UK graduate unemployment rises as small business hiring weakens
Graduates completing first degrees in the UK in 2024 are more likely to be unemployed, in part-time work or unpaid roles 15 months after finishing university than recent cohorts. The deterioration ...
India growth narrative faces investor, household strain
India's corporate leaders are projecting confidence about the country's growth prospects even as pressure builds across households, financial markets and the job market. The divide is becoming ...
U.S. markets focus on tech holdings, airline earnings and jobless claims
U.S. stocks extend their gains into a third straight winning session, with investors shifting attention to Thursday's catalysts across technology, airlines and labor data. The next trading day ...
Central banks assess AI impact on jobs and monetary policy
Central bankers are giving artificial intelligence greater weight in policy discussions as global competition for capital pushes many government bond yields to multi-decade highs. Meetings in Asia ...
Electronic Arts to close BioWare studio as it narrows game pipeline
Electronic Arts is tightening its development focus by shutting BioWare's Edmonton studio and canceling an early-stage "Mass Effect" project. The move comes as the videogame publisher shifts ...
Canada, Finland and U.S. advance icebreaker collaboration to expand Arctic shipbuilding capacity
Officials from Canada, Finland and the U.S. meet in Québec City and Ottawa from October 19 to 21 to push forward joint priorities under the Icebreaker Collaboration Effort. The talks centre on ...
MEF calls for stricter enforcement of foreign worker recruitment in Malaysia
The Malaysian Employers Federation (MEF) has called on the government to step up enforcement to ensure that foreign workers are hired only in approved sectors and occupations facing genuine labor ...
Telford expands youth employment support with new hub
Telford is expanding local employment support for young people with the opening of its first Youth Hub in the town centre. The site adds to the government's wider youth jobs programme, which aims ...
Monday.com survey highlights AI management strain across workplaces
As companies expand the use of AI tools to lift employee productivity, many managers are finding that the technology is complicating oversight rather than simplifying it. A new survey shows the ...
Corporate leaders face AI agent pressure as Schmidt predicts leaner C-suites
As companies race to apply artificial intelligence across internal operations, former Google chief executive Eric Schmidt says AI assistants are set to reshape how senior managers run large ...
LRTA fare revenue falls as LRT-2 discounts offset ridership growth
Manila's LRT-2 records stronger passenger traffic in the first nine months, but discounted fares weigh on collections during the period. The revenue decline comes as the transport system operates ...
EBay to cut 9% of workforce as it simplifies operations
EBay is reducing its headcount again as the online marketplace redirects spending toward faster-growing parts of its business. The move follows an earlier round of job cuts in February and comes ...
AI startup acquisitions reshape employee equity outcomes
A surge in acquisitions across the AI startup market is forcing technology employees to reassess equity awards that can change abruptly when a sale is announced. Crunchbase data shows ...
Charter survey shows executives trust AI over their own judgment more often than U.S. workers
Workplace AI adoption is increasingly shaping how decisions are made inside larger U.S. companies, with senior leaders appearing more willing than other employees to lean on the technology. A new ...
Anthropic offers up to $345,000 for executive writer as AI shifts communications work
As AI takes over more routine drafting and coding tasks inside companies, Anthropic is offering $295,000 to $345,000 a year for an executive communications writer with deep experience and ...
OPmobility third-quarter revenue rises as restructuring weighs on auto supplier outlook
OPmobility posts higher third-quarter revenue while navigating a reorganization against a weaker automotive market backdrop. The French supplier recently lowered its 2026 targets and announced ...
Malaysian semiconductor design firms still face significant capital constraints
Malaysia’s efforts to develop domestic chip design capabilities continue to face funding hurdles, despite several companies receiving subsidised access to ARM chip component designs. The cost of ...
