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Keywords: Labor Market


Goldman Sachs warns AI will speed job cuts in 2026

Companies gear up to ramp up layoffs through 2026 as artificial intelligence shifts from experimental trials to large-scale operational automation, according to a fresh Goldman Sachs analysis released this week. Even with stable economic outlooks, the investment bank cautions firms increasingly trim......

Morocco’s private vocational training sector expands with reforms underway

Morocco’s private vocational training sector has reached a significant milestone, with 1,487 institutes now operating across the country. According to Younes Sekkouri, Morocco’s Minister of Economic Inclusion, Small Business, Employment, and Skills, approximately 740,000 young people are......

Spain's economy needs over 2 million workers to sustain pensions and jobs

Spain faces a pressing demographic challenge as a new report reveals that the country will require 2.4 million additional workers over the next decade to maintain economic productivity and stabilize its pensions system. With a rapidly aging native population, experts emphasize that migrants will play......

Spanish unemployment rises in third quarter as services sector slows

Spain’s unemployment rate increased slightly to 10.45 percent in the third quarter of 2025 as the dynamic services sector, heavily reliant on seasonal tourism and hospitality, shed jobs following the summer season. According to the National Statistics Institute, this figure represents a modest......

Germany surpasses 3 million unemployed for the first time in a decade

Germany has crossed the threshold of 3 million unemployed in August 2025, a first since February 2015, highlighting persistent economic stagnation in Europe’s largest economy, according to official data released Friday. In raw figures, 3.03 million people were without a job, an increase of 46,000......

Moroccan and Nepalese workers to fill labor gap at Serbian Fiat factory

Eight hundred workers from Morocco and Nepal are set to join the Fiat factory in Kragujevac, Serbia, as the company grapples with a labor shortage caused by insufficient local interest in the offered wages. According to Serbian media, this decision aims to address the factory's operational needs......

Immigrants do not harm Spanish jobs or wages, studies confirm

Immigration in Spain has become a polarizing topic in recent years, fueled by political rhetoric and sensationalized narratives. However, mounting evidence from economic studies debunks claims that immigrants take jobs from Spaniards or depress wages, challenging widespread misconceptions. The rise......

U.S. job market slows as unemployment rises to 4.2%

The U.S. labor market showed clear signs of weakening in July, with the unemployment rate rising to 4.2%, according to official figures released on Friday. This marks a concerning development for the world's largest economy, as job creation has slowed significantly in recent months. Only 73,000......

Spain’s workforce grows by over 1 million foreigners in a decade

Spain has added more than 1.4 million foreign workers to its labor force over the past decade, according to new data. Economists view this trend as essential for sustaining the country’s welfare and pension systems amid an aging population. A decade of growth in foreign labor Figures from Spain's......

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