Job market

If Artificial Intelligence and robots threaten jobs in the next Future

Robots may soon be employed in your business: a study from Redwood Software and Sapio Research released October 4th revealed that IT leaders believe automation could impact 60% of businesses by 2022 and threaten jobs in the process. Further, 70% of these professionals say that robotics have become more of a priority in the last year.

Automation can offer companies benefits including speed of process and reduction of manual effort, the survey of 500 IT decision makers across the US and UK found. Security and cost represent the top risks, tech leaders said.

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Hurricanes effects on US job market, employment fell after seven years

US employment fell in September for the first time since 2010 as hurricanes Harvey and Irma took their toll on the jobs market. The number of Americans filing for unemployment benefits fell more than expected last week, but the continued impact of Hurricanes Harvey and Irma on the data made it difficult to get a clear picture of the labor market.

The US jobs market stalled in September, losing 33,000 jobs. It was the first time in seven years that the US monthly total had recorded a fall.

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HP Enterprise to cut 5000 jobs, Bloomberg says

Hewlett Packard Enterprise plans to cut its workforce by 10%, according to a person familiar with the plans, the latest cost cuts as the business-technology giant combats increasing competition and higher component prices.

“The cuts at the company, which has about 50,000 workers, are likely to affect workers in the U.S. and abroad, including managers,” Bloomberg reported, based on unnamed sources.

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Google hit with class-action over gender-pay discrimination

A class action filed Thursday against Google claims the tech company systemically pays women less than men in similar jobs and also enables unequal promotions and opportunities for male and female workers.

The sex discrimination case filed in San Francisco Superior Court, Ellis v. Google, accuses the Mountain View, California, company of paying women at all levels less than men in comparable positions, assigning women lower-tier jobs with lower pay and compensation than men and promoting women less frequently. The lawsuit also claims Google failed to correct these issues even after being made aware of them.

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Brexit: Leaked documents revealed UK plan to cut EU migration

Proposals to force a post-Brexit cut in low-skilled migrants from the continent have ignited a political row on the eve of an explosive Commons battle over EU withdrawal.
A leaked Home Office document outlining ways to restrict immigration heightened the political temperature over Brexit after Labour insisted it would vote against the EU (Withdrawal) Bill, which gets its second reading in Parliament on Thursday, and pro-Europe Tory MPs threatened to back amendments to the landmark legislation.

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McDonald’s workers strike for first time in the UK

McDonald’s faces its first strike since it opened in the UK in 1974, as well as protests by unions and the public at several restaurants over pay and working conditions.

Staff in Cambridge and Crayford, south-east London, walked out in a row over the use of zero-hours contracts and "inexplicably" low pay.

The Bakers, Food and Allied Workers Union (BFAWU) said the strike was being well supported. Members of other trade unions joined early-morning picket lines outside the two restaurants, while Labour leader Jeremy Corbyn offered his backing.

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Help: Germany urgently needs skilled workers within 2030

Experts have made a gloomy prognosis: in 2030, Germany could be missing up to three million skilled workers. And ten years later this figure could rise to 3.3 million, according to a study published on Wednesday.

The study, conducted by swiss research institute Prognos AG on behalf of the Bavarian Industry Association (vbw), predicts Germany will lack millions of skilled workers, technical and medical workers and researchers in the near future.

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Japan’s job-market shows an incredible ratio

Japanese labour market conditions remain incredibly strong, according to data released by the Japanese government today.
Japan’s job openings-to-applicants ratio came to 1.52 in July on seasonally adjusted terms, rising 0.01 of a point from June and improving for the fifth straight month, the Ministry of Health, Labor and Welfare said on Tuesday.

The ratio measures the number of jobs available compared to the number of active job seekers. That means that for every 100 people seeking work in July, there were 152 jobs available, the most since February 1974. July’s ratio exceeded that seen in the early 1990s, during Japan’s economic bubble era.

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