Bank of Japan Governor signals that deepening labor shortages may drive up core inflation, raising concerns over Japan's price stability outlook.
#YonhapInfomax #BankOfJapan #LaborShortage #Inflation #PriceStability #BOJGovernor #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68580
Idk how I feel about this. Getting into a career type job at age 18 would have saved me from getting a cocaine addiction, probably, but here in the US we don’t trust them to drive rental cars until they are 26. So a train seems unsafe, or maybe not . . . it’s on a track at least.
Teenagers to drive trains due to concerns over labour shortages | UK News | Sky News https://news.sky.com/story/teenagers-to-drive-trains-due-to-concerns-over-labour-shortages-13362760
#ChildLabor #UK #LaborShortage (lol pay them more and you won’t have a shortage)
While you can’t control the labor market, you can control how you respond to it.
Practical ways you can navigate the labor shortage and build a strong, thriving team: https://www.careerreload.com/how-leaders-can-navigate-labor-shortage/
How Business Leaders Can Navigate Labor Shortage
https://www.careerreload.com/how-leaders-can-navigate-labor-shortage/
BlackRock CEO Larry Fink warns of severe impacts on agriculture and construction sectors due to Trump's immigrant deportation policy, potentially leading to short-term inflation amid labor shortages.
#YonhapInfomax #BlackRock #LarryFink #ImmigrantDeportation #LaborShortage #Inflation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53732
Giving tax breaks to seniors as our aging population grows faster than the national average may not be the most fiscally responsible move.
#SouthCarolina #SCPol #SCpolitcs #SCETV #aging #seniors #tax #taxbreaks #labor #laborshortage
As Japan's working-age population declines, the role of healthy seniors aged 65-74 in the labor market becomes critical. Increasingly, seniors are using gig work apps to find flexible jobs, which helps maintain their social connections and enhances their quality of life. This trend not only addresses #laborshortage but also improves #seniorwellbeing by keeping them active and engaged in society.
Russian companies increasingly using Africa to fill vacancies
With combined impacts of Russia’s war against Ukraine & exodus of hundreds of thousands of working-age men, plus preexisting factors including Covid-19 mortality and an aging population, #labor shortage has become increasing issue in Russia
Data analyzed indicated that 7 of 10 countries with highest increase in #vacancies posted by Russian companies were in #Africa
Discover the AI-Powered Robots Big Tech Believes Will Solve the Global Labor Shortage.
»#OpenAI-Powered #HumanoidRobot Fills Spot At #BMW Assembly Plant: The #agingpopulation is one of several factors that will drive a #laborshortage, making #automation and #robotics an attractive space.« https://www.forbes.com/sites/chriswestfall/2024/07/07/openai-powered-humanoid-robot-fills-spot-at-bmw-assembly-plant/?eicker.news #tech #media
Badge: 
Source: https://linktr.ee/Read.On
That's about to be 25% of the 
U.S. population with NO 
nurses to take care of any of them. That's when the fun will really begin 
I wrote an short essay on #JoeBiden's new border & #immigration policy, UN & US laws on #refugees & #asylum, the history of human #migration, America's aging population and #laborshortage, how #immigrants are a net-gain for the country, & moral responsibilities to #migrants ... and posted it at
https://www.facebook.com/thedavid.mfano/posts/pfbid0AMbirY5SiFifew7gf1S3m2Xt1Rs1VzTrdGfEHy5HURsHN6v5YrCrdYT7y7xL3oTZl
Half of the companies are having trouble finding employees, with both qualified and unqualified staff in high demand. The percentage of businesses facing difficulties in finding qualified staff has increased from 31% in February to 38.9% in March. For unqualified staff, the percentage has risen from 26.5% to 31.7%. This trend has been observed for several months. #UkrainianBusiness #LaborShortage
Japan's economy faces a pivotal shift, moving from decades of stagnation to signs of growth. Amidst a labor shortage exacerbated by an aging population, the government implements measures to ensure employment for seniors up to 70. This includes retraining for the digital age, focusing on leveraging the experience of the aging workforce. #JapanEconomy #AgingWorkforce #LaborShortage #DigitalRetraining #SMEChallenges
The war in Ukraine has caused a labor shortage in Russia, leading Russian companies to seek workers from the poorest African countries. Representatives from Burundi and Burkina Faso have already visited St. Petersburg for discussions. Kenyan workers are also expected, and negotiations with North Korea and Vietnam are underway. #Russia #laborshortage
#FoodService #Restaurants #LaborShortage
"Dining out is about to look a lot different."
Business Insider:
Restaurants Across America Are in Crisis Because of Stubborn Diners
"Restaurants need to evolve to survive. But you're gonna hate what they've got in mind."
https://www.businessinsider.com/restaurants-america-eating-out-crisis-your-fault-labor-shortage-tipping-2024-2
Putin acknowledged a shortage of 2.5 million workers in Russia, mainly in construction and manufacturing. He stated that the official unemployment is around 450-460 thousand, leaving the deficit of 2.5 million workers. Putin supported the idea of simplifying the relocation to Russia for foreigners who "share traditional values" to address the labor shortage. #Russia #LaborShortage
Ukraine faces a labor shortage, especially in production and medical fields. Employers struggle in both conflict-affected and western regions. The shortage is due to population decline and high competition. #Ukraine #LaborShortage
What is described as a "labor shortage" really isn't.
It's really a wage shortage.
As with most things, labor has supply and demand.
If you are being overworked, your organization's management is to blame.
For every hour of overtime you are now putting in, please dedicate an hour of your own time to searching the job market. (If you don't get paid extra for the overtime, better make it at least two.)
Employment opportunities are out there, and so are companies offering higher wages to recruit new workers.
