Volkswagen has canceled three-decade-old job security agreements, setting the stage for potential layoffs. The move is part of Volkswagen’s efforts to reduce costs amidst a struggling German economy and a challenging transition to electric vehicles. […]
Jobs in the UK’s civil nuclear sector have reached a record high. That’s according to a new report from the Nuclear Industry Association (NIA), which estimates that there are currently 86,908 people employed in the […]
Daily Standup Top Stories In Germany, The Green Energy Transition Is Only Getting Worse September 10, 2024 Andy Del Prado Germany is running faster and faster to stay in place. In the meantime, it is destroying […]
In another flip-flop, Kamala Harris is now championing steelworkers despite pushing radical policies to destroy the industry. Vice President Kamala Harris has championed radical environmental policies supported by activist groups that, in part, led to […]
Talks between the government and the owner of British Steel over a £500 million state aid package have reportedly reached a deadlock, with plans to close blast furnaces in Lincolnshire now being considered. According to […]
Job growth bounces back some, hourly earnings jump, unemployment dips, but job growth is too slow to absorb the massive influx of immigrants. By Wolf Richter for WOLF STREET. Payrolls at employers rose by 142,000 jobs in August, […]
In a recent interview with CNN, Kamala Harris said that Bidenomics is working and that she is “proud of bringing inflation down.” However, the Bureau of Labor Statistics published the latest CPI at 2.9%, despite annual inflation […]
The Canadian rail strike ended yesterday some 18 hours after it started as authorities moved rapidly to avert an economic disaster. Canada’s two biggest railways shut down yesterday after a midnight deadline passed without an […]
Canada’s two biggest railways have shut down after a midnight deadline passed without an agreement over pay conditions. The stoppage of work by 9,300 engineers, conductors and yard workers at Canadian National Railway Co (CN) […]
BLS issues preliminary benchmark employment revision Wednesday Economists still view job growth as healthy, albeit moderating US job growth in the year through March was likely far less robust than initially estimated, which risks fueling […]
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