Labor market
Job offers fall 6.1% in June marking eight straight months of declines
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The Central Bank's Labor Ads Index reached 70.7 points in June, down 6.1% year over year. The unemployment rate hit 9.4% in the March-May quarter, the highest since 2021.
Around 20 employees in Borlänge municipality's home care service receive paid driver's licenses. The initiative aims to enable more efficient work and retain staff.
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Union and SPD want to abolish phone-based sick notes and require a doctor's certificate from the first day of absence. Doctors' representatives and economists criticize the plans as symbolic politics.
Chancellor Friedrich Merz faced interruptions and skepticism from union delegates at the DGB congress in Berlin. Speaking before about 400 attendees, he defended his reform agenda while DGB chair Yasmin Fahimi warned against rolling back labor rights.
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Industrial equipment maker Festo plans to cut around 1300 jobs in Germany. Reasons include market changes, competition from Asia and geopolitical crises. The company aims to save 200 million euros per year worldwide.
Agribusiness leaders gathered at the Expozebu opening in Uberaba, Minas Gerais, on Saturday (25), criticized President Luiz Inácio Lula da Silva's government proposal to end the 6x1 work scale. The ABCZ president urged lawmakers to vote against it, highlighting risks to the sector's economy.
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Asocajas held its Gran Foro de Protección Social on April 8, where experts discussed Colombia's high labor informality and the need for macroeconomic solutions. David Escobar Arango, president of Asocajas' Board, opened the event noting that formal employment is stagnant despite falling unemployment. Panelists including José Ignacio López of Anif, María Claudia Lacouture of Aliadas, and César Giraldo of Banco de la República addressed minimum wage and inflation.
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