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Economics Gazette

Economy and Business news

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June 24, 2019

Employment

German labor market

German labor market is close to historical record employment

The German labor market has reached one of its highest levels in history. According to the experts from the Institute for Employment Analysis the conditions will be maintained for at least another three months. The report is based on a survey of 156 recruiters. Their optimism puts the barometer to determine the employment at 105.4

retirees Germany work

More than 1.4 million retirees in Germany are still working

More than 1.4 million retirees in Germany are still working even in old age. As the media reports on the weekend, about 1.42 million retirees in Germany were working in 2016. In 2000 this number was only 539,000. The random inspections by the Federal Statistical Office show that the majority of working retirees (47.5%) are

sales representaive

Learning must respond to emerging employment challenges

The world is changing rapidly and learning must respond to emerging challenges by adapting, but also the employees must respond to this change and follow the latest trend. The workers needs to develop their language skills and develop their agilities to find better paid job. A wide range of technologies support the implementation of new

jobs

More than 85% of the current jobs will be automated by 2030

More than 85% of the current jobs will be automated by 2030, according to analysis of the co-founder of the Bulgarian Software Engineering University Svetlin Nakov. He talked at the opening of an international forum on the future of labor in Bulgaria, organized with the support of the European Commission. “We do not need workers

Uk wage growth

The UK wage growth reached two-year high

The total income of British workers, including bonuses, rose by 2.8% yoy to 514 GBP per week in Q4 2018. This is above the consensus forecast for an increase of 2.6% and the biggest increase since the third quarter of 2015. The wages in the UK rose most in construction (3%) and in the public

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