Statistics agency Eurostat said 234.2m people were in work across the EU between January and March, of which 154.8m were in the eurozone area. Employment grew by 1.5 percent on average in the eurozone and by 1.4 percent in the EU. Compared to the previous quarter, employment grew 0.4 percent in both the euro area and the EU during the first quarter of 2017. Eurostat had previously estimated increases of 0.3 percent on the quarter and 1.1 percent on the year.
The number of Americans filing for unemployment aid dropped less than expected in the week ended June 2. The Labour Department reported on Thursday that initial jobless claims fell 10K to 245K last week, following the preceding week's upwardly revised figure of 255K. Meanwhile, market analysts anticipated a bigger decrease to 241K during the reported week. Nevertheless, claims remained below the 300K level for the 118th consecutive week, the longest streak since 1973. The four-week moving average of claims, considered a better measure of the existing labour market trends, rose 2.25K to 242K during the reported week.
A new tax agreement between Ticino and Italy will not obliged italian cross-border workers, known as frontalieri, to systematically provide a copy of their police record in order to secure a work or residence permit. The requirement was imposed by the Italian-speaking canton in 2015; now, they will be expected to show any criminal record on a voluntary basis, while the canton will reserve the right to ask for it, as Ticino's government said in a statement.
As artificial intelligence and robotics continue to pick up steam, thousands of jobs we could once take for granted are at risk of being automated, threatening to leave a bevy of diligent workers on the dole. But there might be a tool you can consult to take the necessary measures before your time has come. Created by designer-developer duo Dimitar Raykov and Mubashar Iqbal, ‘Will robots take my job?‘ is an amusing web-based tool that predicts how susceptible your occupation is to the ever-growing current of automation and computerisation.
Switzerland will limit Bulgarian and Romanian citizens' access to the Swiss labour market for the next 12 months, the government said on Wednesday, as it seeks to slow increased migration from those two countries since last year, Reuters reported. The number of five-year "B" residence permits for people coming from the two countries will be fixed at 996: the decision would be due to the threshold of workers from those countries taking largely seasonal jobs had been exceeded between June 2016 and May 2017.
The Swiss State Secretariat for Economic Affairs (SECO) reported Tuesday that 3.3 percent of Switzerland's working population was jobless in April, down from 3.4 percent in March 2017. According to latest figures, 5,953 fewer people were unemployed last month, with 146,327 men and women classified as such by local authorities in the period under review.
Adecco's first-quarter profit rose more than a fifth, better than expected, as the world's largest temporary staffing company continued to get a boost from major markets in southern Europe while projecting modest growth in the U.S. Net profit attributable to shareholders rose to €176 million ($192.2 million) in the three months to March, beating the average estimate of 165 million in a Reuters poll of analysts. Sales rose to €5.73 billion, better than the poll average of 5.68 billion. Dutch staffing company Randstad last month reported a 21 increase in net profit during the quarter, boosted by strong growth in France and Germany. U.S. rival Manpower's earnings rose 3.8 percent in the first three months as it saw broad improvement across Europe.
Red light, stay away; green light, feel free to hang around and gab. That’s the gist of FlowLight, a new innovation in workplace productivity from UBC computer scientist Thomas Fritz. Fritz first started work on the "FlowLight" at the University of Zurich. It was inspired by a system used by workers at international engineering firm ABB Inc., wherein they would place road safety cones on their desks when they didn't want to be disturbed.
In Switzerland, frontier workers are 317,821, up 2.8% compared with the same period in 2016, down 0.2% on the previous quarter. Workers from borders increased in Ticino by 0.5% over the last three months of 2016. In the first quarter, the frontiers registered by the Federal Statistical Office were 64'670, up by 3.6 % in a year. The most significant growth, by 6.5% (1,908) was recorded by primary sector, although the largest number of jobs are in the service sector with a 4.1% increase and 207,830 people, followed by the secondary, slightly up 0.3% and 108'082 people occupied in the branch.
Last year, Swiss nominal wages recorded an average increase of 0.7% over 2015. For the fifth consecutive year, the increase remained below the 1% threshold. In majority, the economic sectors marked a real increase in wages favored by 0.4% negative inflation. By comparison, the wages increases, negotiated in 2016 by the main labor organizations, referred to almost half a million employees, was 0.4%.
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