Page 72 - Labor
US employers add 157,000 jobs, jobless rate hits 3.9 pct.
US employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace they maintained in the first half of this year. The Labor Department says the unemployment rate ticked down to 3.9 per cent from 4 per cent. That's near an 18-year low of 3.8 per cent reached in May. Employers added an average of 224,000 new workers in the first six months of this year, a faster pace than in 2017. The pickup has impressed many economists because it's happening late in the economic expansion, which has entered its 10th year and is now the second-longest in US history. The economy grew in the April-June quarter at its fastest pace in four years. Business and consumers are optimistic, suggesting solid hiring is likely to continue.
Tripura to get AIIMS with up-tech healthcare facilities
In order to facilitate the growth of health-care sector, the Center recently approved the proposal of setting up of All Indian Institute of Medical Sciences (AIIMS) in the state of Tripura.This would not only help people avail better treatment but will also generate employment opportunities for the aspiring upcoming qualified doctors of the state.Tripura Chief Minister Biplab Kumar Deb recently visited Hapania area in the outskirts of capital Agartala for inspecting the spot for the construction of AIIMS in the state."Setting up of AIIMS here will generate employment and increase business. Many patients from Bangladesh go to Chennai for medical assistance, now they can just come here. So both Bangladesh and Tripura will gain from it," the chief minister said.The setting up of AIIMS will eventually help people avail the best health treatment within the state that would also cut short the expenses.Biswajit Paul, a resident of the state said, "Everyone would benefit of AIIMS because the .
Ryanair proposes third-party mediator for Irish pilots union talks
(Reuters) - Ryanair on Friday proposed that a third-party mediator step into talks with a trade union representing its Irish pilots who went on strike for a fourth time on Friday ahead of wider action planned around Europe next week.
KCR to camp in Delhi to get approval for zonal system
Telangana Chief Minister K. Chandrasekhar Rao will leave for Delhi on Friday to get the Centre's approval for the new zonal system aimed at government employment in the state.
SAfrican platinum miner Implats to axe 13,000 jobs
South African platinum miner Implats said today that it would slash some 13,000 jobs as it takes drastic steps to keep a struggling unit afloat. The Johannesburg-based miner said it would cut its workforce at a complex in Rustenburg, in the north of the country, to 27,000 employees and contractors over two years. It will also shrink the number of shafts operating there from 11 to six, it added in a strategic update. "Structural changes are required to restore the operation to long-term profitability," the company said. Implats, the world's second-largest producer of platinum, has like its rivals struggled as prices of the metal hover at a near-decade low. It has been considering how to turn the sprawling Rustenburg complex around for months. By slashing its labour costs, Implats is hoping the restructuring plan will restore Rustenburg to "long-term economic viability" by the 2021 financial year. Job cuts are politically sensitive in a country with unemployment of over 25 percent, and .
Ryanair Irish pilots to join widening strike on Aug. 10
DUBLIN (Reuters) - Ryanair's directly-employed pilots in Ireland will join colleagues in Sweden and Belgium on strike in an escalating day of action on Aug. 10, the fifth one-day walkout in the airline's home market.
S.African platinum producer Implats to slash 13,400 jobs as costs bite
JOHANNESBURG (Reuters) - Miner Impala Platinum will slash about a third of its workforce over two years in one of the biggest rounds of job cuts by one mining company in living memory in South Africa as the platinum industry faces a day of reckoning.
SMEs discontinuing employee benefits on high cost: Report
About 43 per cent small and medium sized enterprises (SMEs) have discontinued at least one employee benefit over the years due to high costs, according to a study. Two out of every three SMEs in the country felt that the cost of running an employee benefit programme such as reimbursements for fuel, phone bills among others outweighs the actual value of the benefit, said the Zeta 'Employee Benefits' study. The study, commissioned to Nielsen India, covered 194 corporates and 1,233 employees across seven key cities in the country, taking a comprehensive look into the current state of employee tax benefits across industries, including SMEs. Around 82 per cent of SMEs have a dedicated in-house team to manage tax benefits or reimbursements and the average size for this team is around five members, it said. Despite having a dedicated team, 43 per cent SMEs have discontinued at least one or more of these benefits citing high running costs, it added. This figure is higher for ...
U.S. jobless claims rise slightly, labor market firming
WASHINGTON, Aug 2 (Reuters) - The number of Americans filing for unemployment benefits rose less than expected last week, pointing to sustained strength in the labor market.
Sweden Inc. sounds alarm as election signals jobs clampdown on immigrants
STOCKHOLM (Reuters) - Uncertainty surrounds next month's Swedish election but one thing about its outcome seems clear: immigrants will find it harder to get jobs and the consequences will rebound on local businesses too.
Ryanair pilots in Sweden and Belgium serve strike notice
DUBLIN (Reuters) - Ryanair pilots in Sweden and Belgium told the company on Wednesday that they will go on strike on Aug. 10, and the airline said it may face industrial action in Germany and the Netherlands on the same day.
Jet Airways proposes 25% salary cut; pilots says unacceptable
Battling financial woes, Jet Airways has proposed up to 25 per cent pay cut for employees but the proposal has been rejected by pilots and and engineers, sources said. Sources said the full-service carrier is in discussions with certain sections of employees on the salary cut proposal, which has been mooted amid efforts to save costs. Jet Airways has more than 16,000 employees. The Naresh Goyal-led airline, in which Gulf carrier Etihad holds 24 per cent stake, has already slashed by 25 per cent the salaries of its senior management, one of the sources told PTI here. Senior management executives are those holding general manager post and above level positions. At a meeting held with Jet Airways' CEO Vinay Dube here this evening, pilots made it clear that the proposed pay cut was not acceptable. "Last week, Jet Airways management held a meeting with the airline's pilots union National Aviator's Guild (NAG) and sought its cooperation with respect to proposed salary cuts," another source .
Cabinet clears changes to GST laws, to be placed in Parliament
The Cabinet today approved amendments to the GST laws, including hike in turnover threshold for businesses to avail the composition scheme to Rs 1.5 crore. As many as 46 amendments were cleared by the GST Council, chaired by Union Finance Minister Piyush Goyal, at its meeting on July 21. The Cabinet, headed by Prime Minister Narendra Modi, has cleared the amendments as approved by the GST Council, a source said. The amendments to the Central GST, Integrated GST and Compensation Cess laws will now be placed in Parliament in the ongoing session. Following Parliament's nod, the amendments would be placed before the state legislatures for making changes in the State GST Act. The amendments will allow employers to claim input tax credit on facilities like food, transport and insurance provided to employees. It also provides for modification of reverse charge mechanism, separate registration for companies having different business verticals, cancellation of registration, new return filing ..
Burger on wheels: Saudis try once 'lowly' jobs as economy bites
Dishing out burgers and fries slathered with melted cheese, "One Way Burger" is like any other trendy food truck in Riyadh. But it offers something rare -- the cook behind the sizzling hot grill is a Saudi. In the once tax-free petro-state, which long offered its citizens cradle-to-grave welfare, blue-collar occupations such as cooking, cleaning and working at gas stations have largely been the preserve of foreign workers, who far outnumber Saudis. But Saudis are increasingly taking on such "low status" jobs in a new age of austerity when gas is no longer cheaper than water, with the government trimming oil-funded subsidies and tackling sluggish economic growth and high unemployment. "When I started this food truck two years ago many people said: 'What? You will sell burgers and sandwiches in the street? You come from a big family and big tribe'," said Bader al-Ajmi, the 38-year-old owner of One Way Burger. "People were surprised," he added, as a Porsche pulled up at the side of his ..
Pak SC asks govt how 2 top ex-generals were allowed to take up foreign employment
Pakistan's Supreme Court today asked the government how it allowed former army chief Gen. Raheel Sharif and ex-ISI boss Lt. Gen. Shuja Pasha to take up jobs abroad despite a law barring officers from accepting employment for two years post-retirement, according to media reports. Hearing a case of dual nationalities of Pakistan government employees, a three-judge bench, headed by Chief Justice of Pakistan Saqib Nisar, observed that former army chief General (retd) Sharif and Director-General of Inter-Services Intelligence (ISI) Lieutenant General (retd) Pasha found employment abroad within two-years after retirement, the Express Tribune reported. After retirement in 2016, Gen. Sharif left for Riyadh to head a military alliance of Muslim countries led by Saudi Arabia. According to Pakistani media reports, after retirement in 2012, the former ISI chief worked with a multinational firm based in the UAE. He now serves as group chief adviser to a Lahore-based firm owned by a Pakistani ...
Ryanair braces for new round of strikes in Europe
Ryanair's Irish pilots are preparing to strike again on Friday at the start of a new wave of industrial action against the no-frills carrier across Europe. The strike is the fourth in Ireland for Europe's second biggest airline, and will affect 20 out of 300 flights in and out of the country that day. In a statement today, the airline offered to meet the Irish pilots on Saturday or next week "so we can get down to the serious work of resolving this dispute". The Swedish pilots union Svensk Pilotforening (SPF) also on Wednesday said its members intended to strike on August 10. The union said Ryanair "had consistently refused to meet with and negotiate with representatives of SPF", accusing the Irish airline of wanting to choose its own negotiating team from the union. The SPF said around 40 pilots at Skavsta airport, 100 kilometres (62 miles) southwest of Stockholm, would go on strike. Pilot unions in Belgium called on their members to join in industrial action on August 10. Dutch and
Outsourcing in railways created 2.41 lakh jobs in 5 years: Gohain
The government on Wednesday said it provided employment to over 2.41 lakh candidates through outsourcing in the railways in the last five years.
Pak SC asks govt how 2 top generals were allowed to take up foreign employment
Pakistan's Supreme Court today asked the government how it allowed two former top army generals to take up jobs abroad despite a law barring officers from accepting employment for two years post-retirement, according to a media report. Hearing a case of dual nationalities of Pakistan government employees, Chief Justice of Pakistan, Justice Saqib Nisar, observed that former army chief General (retd) Raheel Sharif and Director-General of Inter-Services Intelligence (ISI) chief Lieutenant General (retd) Shuja Pasha had found employment abroad within two-years after retirement, Geo News reported. After retirement in 2016, Gen. Sharif left for Riyadh to head a military alliance of Muslim countries led by Saudi Arabia. According to Pakistani media reports, after retirement in 2012, the former ISI chief worked with a multinational firm based in the UAE. He now serves as group chief adviser to a Lahore-based firm owned by a Pakistani politician. "According to the law, government officers ...
Renewed emphasis on skill devp can generate self-employment opportunities: U'khand CM
Uttarakhand Chief Minister Trivendra Singh Rawat said today that a renewed emphasis on skill development and training can help generate self-employment opportunities in the state and stop migration, especially from the hill districts. Holding discussions with a delegation of the Industrial Association of Uttarakhand here, the chief minister said the government, administration, educational institutions and industry have to work together to impart skill development training and offer vocational courses to the local youth to increase self-employment opportunities. A collaborative endeavour on skill development of local youths, making them aware of the vocational courses on offer instead of conventional education is the need of the hour, an official release quoting the chief minister said. Academic institutions can also lend a helping hand by imparting soft skill training to the young people, Rawat said. The district employment offices should not restrict themselves to the task of ...
Analysis: Japan's labour crunch is reshaping how companies attract workers
TOKYO (Reuters) - Misaki Harada wants to quit her job as a receptionist at a restaurant management company in Tokyo and move into marketing for an apparel maker.