Keywords: Labor Market


France's private-sector employment slips again in second quarter despite economic growth

France's private-sector labor market continued to weaken during the second quarter of 2026, with employment edging lower despite a modest return to economic growth, according to preliminary data released by INSEE. The country's private sector shed 19,300 jobs between April and June, representing......

Porsche plans to cut 5,000 jobs in Germany as part of restructuring strategy through 2035

German luxury sports car manufacturer Porsche is preparing to reduce its workforce by around 5,000 positions over the coming years as part of a broader restructuring plan aimed at cutting costs and improving operational efficiency. Under an agreement reached with employee representatives, the workforce......

US Labor Market Defies Expectations with a Record Drop in Weekly Unemployment Claims

The United States labor market has once again demonstrated remarkable resilience against ongoing macroeconomic pressures. Weekly initial jobless claims experienced a sharp decline during the week ending July 18, reaching their lowest levels in decades. This unexpected performance highlights the sustained......

Global experts warn AI could trigger major economic disruption without policy action

More than 200 economists, researchers, and technology experts from around the world have issued a joint warning that the rapid development of artificial intelligence (AI) could reshape the global economy at an unprecedented pace, urging governments and businesses to prepare for the profound changes ahead. The......

China’s youth unemployment rate falls to one-year low as labor market shows signs of improvement

China’s youth unemployment rate declined to its lowest level in a year in June, according to official data, offering a positive signal for the country’s labor market despite continued challenges facing young job seekers. Figures released by the National Bureau of Statistics (NBS) showed......

Morocco ranks 15th globally in employer burden index

Morocco has been ranked 15th worldwide in the 2026 Global Employer Burden Index, highlighting the relatively high financial and legal obligations employers face when hiring and managing employees. The index, published by international employment solutions provider Employ Borderless, evaluates 192 countries......

AI reshapes career prospects for older workers, new study finds

A new study suggests that the rapid expansion of generative artificial intelligence is increasingly affecting employees aged 55 and older, challenging the widespread belief that AI poses the greatest risk primarily to younger workers. The research, conducted by the Center for Retirement Research at......

World Bank says family responsibilities continue to limit women's participation in Morocco's labor market

The World Bank has identified greater female participation in Morocco's labor market as a key driver of long-term economic growth, emphasizing that social and family responsibilities continue to prevent many women from entering or remaining in the workforce. In its Country Partnership Framework......

US jobless claims decline as labor market shows continued stability

The number of Americans applying for unemployment benefits declined last week, offering fresh evidence that the U.S. labor market remains resilient even as hiring activity continues to moderate. According to new data released by the United States Department of Labor, initial claims for state unemployment......