Recent news

Latest items of recent news relevant to Global as reported in our fortnightly newswire ‘Dernières nouvelles’. 

Global: The “third workplace”

The Wework organisation is expanding the availability of its on-demand product to Australia, the Irish Republic, Singapore and the UK …

Please login to view this content or become a member by joining now.

Global: Statutory minimum wage (August 2021)

Local US rates are reflecting the poor labour supply in lower paying sectors, but further afield there is little scope yet for changes …

Please login to view this content or become a member by joining now.

Global: Pay levels (Q2 2021)

Labour shortages are leading to a sharp rise in pay levels in some markets, but in others the pandemic continues to depress rates …

Please login to view this content or become a member by joining now.

Global: Volume of statute law

Since 1990, the volume of statute law around the World has increased by over 300% …

Please login to view this content or become a member by joining now.

Global: Net pay

The take home proportion of gross pay in the USA is broadly on a par with that in the UK, Japan, Australia and China …

Please login to view this content or become a member by joining now.

Global: Remote workers

Once an employee is working 100% on a remote basis, they could effectively be located anywhere in the World …

Please login to view this content or become a member by joining now.

Global: How sustained will the labour shortages be?

A number of leading markets in Europe join the USA in experiencing severe labour shortages …

Please login to view this content or become a member by joining now.

Global: Unemployment rates (July 2021)

Labour shortages do not always lead to a sharp fall in unemployment rates – as we are now finding in principal markets …

Please login to view this content or become a member by joining now.

Global: Prices

At their latest meeting, the US Federal Reserve Open Market Committee seemed far from phased about recent inflationary trends – both globally and in the USA …

Please login to view this content or become a member by joining now.

Global: Consumer price inflation around the World (2021)

The trend in consumer price inflation around the World is unmistakably on the up, with the USA leading the way …

Please login to view this content or become a member by joining now.

Global: Minimum wage hikes

It remains too soon for countries that normally schedule minimum wage hikes in January to announce changes for 2022 …

Please login to view this content or become a member by joining now.

Global: COVID-19 impact on women

2020 represented a step change from which a full recovery is unlikely for large sections of the working population …

Please login to view this content or become a member by joining now.

Global: HSBC exits or downsizes 77 offices as hybrid work takes hold

Banking Group HSBC Holdings plc has closed or downsized 77 offices around the World as it transitions to hybrid work …

Please login to view this content or become a member by joining now.

Global: Job vacancies

Although many economies, such as the UK and USA, are experiencing a rapid growth in job vacancies and experiencing labour shortages, this is not reflected in many other areas of the World …

Please login to view this content or become a member by joining now.

Global: Pay levels

Average hourly increases in manufacturing are currently running at 2 …

Please login to view this content or become a member by joining now.