Tag: Jobs
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Does a degree mean job security? Recent retrenchment data challenges that assumption, say experts
“The traditional route that Singaporeans are being educated on is you study hard, get a good degree, and then you are able to get a job,” says a retrenched tech worker.
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Raising the minimum wage has been a big political winner. Now it’s running into resistance
Raising the minimum wage has been a progressive policy winner at the ballot box, but recent losses suggest an economic mood slowing its political momentum.
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Bank of England holds interest rate at 3.75% as inflation steadies
The Bank of England left its key interest rate unchanged at 3.75% for a fourth consecutive meeting after fresh data showed inflation holding steady and the labour market continuing to cool without a sharp deterioration.
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CME CEO Terrence Duffy says the exchange operator will sue CFTC over perpetual futures
Outgoing CME CEO Terrence Duffy said that the exchange operator will sue the CFTC over the agency’s decision to approve perpetual futures.
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Inside Amazon’s vision for AI, robotics and jobs in Europe
As policymakers across Europe debate how AI should reshape labour markets, Amazon’s European operations are a working example of how technology deployment and workforce participation can evolve together.
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The skills employers value most in the AI era may surprise you
As AI takes on more routine tasks, employers are placing a higher premium on judgment, creativity and leadership, according to a new PwC report.
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Singapore retrenchments climb in Q1, with sharpest rise in incidence among degree holders, older workers: MOM
The notable shift in retrenchment incidence among higher-educated workers reflects the ongoing restructuring in the professional and knowledge-intensive sectors, says the ministry.
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AI will help young workers ‘mature’ faster by automating grunt work, Thoma Bravo says, amid youth job crisis
“If you look at our associates, they’re spending a lot less time doing models or comparables than before,” Orlando Bravo, founder of Thoma Bravo, told CNBC.
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Shopee slashes jobs in Singapore amid AI push; software engineers among those affected
Employees at Shopee’s Singapore headquarters told CNA they were laid off on Monday.
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India’s growth story faces its toughest test yet in Modi’s third term
Prime Minister Narendra Modi faces his biggest test as India’s appeal as the world’s fastest-growing economy dims for global investors.
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