Keywords: Labor market
South Korea has reached a historic milestone as the number of employed people aged 55 to 79 has exceeded 10 million for the first time, reflecting the country's rapidly aging population and the changing nature of its labor market. According to the latest official statistics, the senior population......
The US labor market showed further signs of slowing in July after private-sector hiring expanded at a much weaker pace than expected, reinforcing investor attention on upcoming official employment data and the broader outlook for the American economy. According to the latest ADP National Employment......
Germany’s labor market continued to face challenges in July as the number of unemployed people climbed above three million, reflecting the ongoing impact of slower economic growth and weakening hiring activity. The latest figures highlight the pressures affecting Europe’s largest economy......
New applications for unemployment benefits in the United States increased slightly during the final week of July, signaling a modest slowdown in hiring activity while continuing to reflect the overall strength of the country's labor market. Despite the weekly increase, layoffs remain historically......
France's private-sector labor market continued to weaken during the second quarter of 2026, with employment edging lower despite a modest return to economic growth, according to preliminary data released by INSEE. The country's private sector shed 19,300 jobs between April and June, representing......
German luxury sports car manufacturer Porsche is preparing to reduce its workforce by around 5,000 positions over the coming years as part of a broader restructuring plan aimed at cutting costs and improving operational efficiency. Under an agreement reached with employee representatives, the workforce......
The United States labor market has once again demonstrated remarkable resilience against ongoing macroeconomic pressures. Weekly initial jobless claims experienced a sharp decline during the week ending July 18, reaching their lowest levels in decades. This unexpected performance highlights the sustained......
More than 200 economists, researchers, and technology experts from around the world have issued a joint warning that the rapid development of artificial intelligence (AI) could reshape the global economy at an unprecedented pace, urging governments and businesses to prepare for the profound changes ahead. The......
China’s youth unemployment rate declined to its lowest level in a year in June, according to official data, offering a positive signal for the country’s labor market despite continued challenges facing young job seekers. Figures released by the National Bureau of Statistics (NBS) showed......
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