Changing world of work needs new jobs strategy

This article is brought to you in association with OECD. Governments need to do more to help workers and firms adapt to the fast-changing world of work and drive inclusive growth, according to the new OECD Jobs Strategy. New evidence in the report reveals that countries that promote job quantity, quality and inclusiveness – such as […]

Study: Trade supports over 36 million jobs across the EU

This article is brought to you in association with the European Commission. Two new studies published today by the European Commission highlight the increasing importance of EU exports for job opportunities in Europe and beyond. EU exports to the world are more important than ever, supporting 36 million jobs across Europe, two thirds more than in […]

These countries are best at attracting and nurturing talented workers

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Formative Content Western Europe is the leading hub for the world’s talent, outperforming other regions in attracting, developing and retaining highly skilled employees. This is according to the recently released IMD World Talent Ranking 2018 […]

Hiring is broken. Here’s how to fix it

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Rebecca Weicht, Co-Founder, Bantani Education & Susanna Williams, Impact Consultant , Hireable Hiring has not altered much since the early days of the 20th century. Despite all of the advances in technology, it costs over £30,000 to replace […]

Employment MEPs want to ensure more flexibility and clarity for EU mobile workers

This article is brought to you in association with the European Parliament. Updated rules for EU mobile workers aim to protect fair access to social security while distributing obligations fairly and fostering cooperation among member states. The modernised rules for coordinating social security systems, adopted by the Employment and Social Affairs Committee on Tuesday, focused on […]

Why social working cultures are happier and more productive

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Dan Schawbel, Partner and Research Director, Future Workplace Today’s workers are more engaged and stay with their companies longer if they have stronger team relationships. Work has become highly decentralized, with more employees telecommuting and collaborative tools surpassing face-to-face […]

Why salaries could finally be on the way up

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer Tired of reading about robots coming for your job? There’s good news for job seekers around the globe in Manpower’s latest report: hiring demand is up and talent shortages are at a 12-year high, showing […]

Here’s how to find a job you really love

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Utkarsh Amitabh, Founder, Network Capital (Mentors Across Borders), Network Capital Like many millennials, I have often received career advice along the lines of “follow your passion”. Although it sounds great, it is hard to put into practice. One […]

As tech disrupts our jobs, it’s not too late to turn pain into gain

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Guy Ryder, Director-General, International Labour Organization (ILO) The World Economic Forum’s Future of Jobs Report 2018 gives some cause for encouragement. The business perspective on how technology will affect growth and job creation is becoming more positive, the […]

In the future of work it’s jobs, not people, that will become redundant

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author:  Leena Nair, Chief Human Resources Officer, Unilever I am likely stating the obvious but it needs to be stated as often as possible – the world is changing and it is changing fast. The Fourth Industrial Revolution is blurring […]

The megatrend that will shape our working future

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Ian Lee, Regional Head, APAC, The Adecco Group You may be a talented public relations consultant looking for new clients to build a freelancing business, or a senior manager at a multinational company, dealing with complex budgets, deadlines […]

OECD employment rate increases to 68.2% in the first quarter of 2018

This article is brought to you in association with OECD. The OECD area employment rate – the share of the working-age population with jobs – increased by 0.2 percentage point in the first quarter of 2018, to 68.2%, with gains in 28 out of 36 OECD countries. Higher employment rates occurred alongside a higher labour force […]

OECD: Rising employment overshadowed by unprecedented wage stagnation

This story is brought to you in association with the Organization for Economic Cooperation and Development, OECD   The OECD Employment Outlook 2018 says that the employment rate for people aged 15-74 in the OECD area (36 countries) reached 61.7% in the OECD area at the end of 2017. For the first time there are […]

ECB intervenes to clean May’s and Schäuble’s mess

Last Thursday 8 June, on the day the Britons were punishing Theresa May for her mistakes and arrogance, the European Central Bank under Mario Draghi was preparing for a less favorable politico-economic environment and a much longer disinflationary period. Indirectly, Mario Draghi blamed the dying out inflation on the avowed neoliberals, of the kind of […]

Unemployment and exclusion brings EU cities to boiling point

Last Tuesday Eurostat, the EU statistical service release its latest estimates about the April unemployment rate and May inflation in Eurozone, which unfortunately didn’t diverge markedly from the gloomy predictions of analysts. This week however, the same source published a very interesting survey about the labor market situation in EU. It’s a special report about […]

Real EU unemployment rate at 10.2%+4.1%+4.7%: Eurostat Update

This newspaper has been closely following the evolution of real unemployment over the past few years, on the base of Eurostat statistics. It has proved that real unemployment is much higher than the official rates. In January 2014 the European Sting, using Eurostat data, found that, in the third quarter of 2013 real unemployment was […]

Conflicting statistics and bad banks haunt the Eurozone

Last week, Eurostat, the EU statistical service, released its flash estimate of the GDP of the first quarter of 2016, finding it, in both the Eurozone and the EU28, to be 0.5% bigger in comparison to the previous period. In the fourth quarter of 2015, GDP had also grown by 0.3% and 0.4% respectively. Does […]

Why do overwhelming proportions of EU’s youth feel excluded?

The Eurobarometer, the public opinion analysis tool of the European Commission, interviewed 10,294 Europeans aged between 16 and 30 in the 28 EU member states between 9 and 25 April 2016, and found that most of them feel economically and socially marginalized by the crisis. Of course, there are incredible differences among the member state countries, […]

Eurozone’s central bank leadership prepares for shoddier prospects

It has become commonplace to state that the European economy still doesn’t fare well after six years of recession or practical stagnation. For good reasons however in the past few days the horizon looked particularly darkened. Negative statistical evidence and meandering statements by key people are indicative of that. Inflation or rather disinflation statistics, persistently […]

No hard drivers in sight to remodel the stagnating affairs of the EU

It’s a tautological statement to say that the euro area is an economy which barely moves ahead, towards producing more jobs and incomes for the tens of millions of the unemployed and materially deprived. However, it seems that it’s worse than that. Mario Draghi, the President of the European Central Bank, said it plainly in […]

Unemployment and immigrants haunt the EU; who can offer relief?

On Tuesday 1st December, Eurostat the EU statistical service reminded us all that in the euro area the October unemployment rate still remained in the double digit region with 10.7%. Understandably, this is the official percentage of people without a job, while the real unemployment rate may be double that, as this newspaper has proved, […]

G20 LIVE: “Re-envisioning the economy to enable women to reach their full potential” live from Antalya Turkey

Gender inequality pervades G20 economies and beyond. Women carry out the vast majority of unpaid labor around the world and are vastly overrepresented in informal, insecure and vulnerable employment. They are also subject to occupational discrimination and lack access to social protection and pension systems. Women’s unemployment accounts for three quarters of the global job […]

The Commission sees ‘moderate recovery’ but prospects deteriorate

The European Commission released last week its “Autumn 2015 Economic Forecast”, advertising ‘moderate recovery’ for the European Union and the euro area. Understandably, the Commission wouldn’t dig deeper in the economy, to highlight the negative aspects of the present status and the subdued prospects for next year. For a number of important reasons the executive […]

Why impoverishment and social exclusion grow in the EU; the affluent north also suffers

The European Union which mobilizes its warships to keep the flows of poor and destitute refugees and immigrants out of its supposedly prosperous interior, at the same is impotent to offer to its own citizens not a prosperous life but not even a secure economic and social environment. According to Eurostat, the EU’s statistical service, […]

Why EU’s working and unemployed millions remain uncertain or even desperate about their future

Statistical data for the Eurozone economy paint a rather misty picture. Labour costs, an indicator which can fairly describe the evolution of the total volume of wages, marks a distinct increase signaling a clear betterment of the situation of the working classes. On top of that, May inflation at 0.3% indicates that the rate of […]

Counting unemployment in the EU: The real rate comes to anything between 16.1% and 20.6%

Eurostat, the EU statistical service, repeated with more recent figures its memorable work on the real unemployment rate, that appeared for the first time in 2014 based on data for the third quarter of 2013. This time the Eurostat researchers worked with data for the last quarter of 2014. The new results they produced refer […]

Can the national and age groups pockets of unemployment cause irreparable damages to Eurozone?

It’s a bit awkward to consider a drop of the unemployment rate by one decimal point of a percentage unit as economic growth, and call it a reversal to the positive region, as some Brussels dignitaries and bureaucrats do. Incidentally, the euro area unemployment rate fell to 11.3% in February, down from 11.4% in January […]

The EU can afford to invest trillions in support of employment

Eurostat, the EU statistical service, has recently released data showing that, while the government indebtedness increases, the industrial production retreats. Of course Eurozone doesn’t run any danger of losing its competitive edge in world markets. European goods and services exports usually leave a solid positive result, so the Union and more so the Eurozone don’t […]

Is Europe misjudging its abilities to endure more austerity and unemployment?

The European Economic and Social Committee (EESC) worries about the “effectiveness of EU policies in bringing young generations back into the labour market”, and quite rightfully so. A steady stream of statistics confirms the assessment that the European economy has entered into a long-term stagnation and very low inflation period without visible exit from it, […]

Why youth unemployment is so difficult to counter

With the unemployment rate of the young under 25 around 2.6 times higher than the overall percentage of people without a job in the European Union, an existential and fact-based question arises; does the EU really need a next generation of workers and consumers? Or rather, have the decision makers, in the political and economic […]