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Recent Editions
Human Times
North America
Many U.S. workers are taking on side jobs to cope with stagnant salaries, inflation, and job insecurity. This trend, known as "polyworking," sees individuals creating “portfolio careers” where they work a variety of jobs, each building different valuable skills. “We have seen stagnant salaries, we've seen inflation, we've seen the cost of living overall increasing, even beyond our inflation measures,” said Alexandrea Ravenelle, sociologist and gig economy researcher at University of North Carolina at Chapel Hill. “So people are looking for ways to supplement and to build themselves a little bit of a safety net.”
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Human Times
UK
Campaigners are urging the government to modernise paternity leave to support fathers in family life. The Dad Shift, co-founded by Alex Lloyd Hunter, seeks affordable and equal leave for all parents. Currently, less than 5% of UK fathers share parental leave, which allows up to 50 weeks off. Fathers only receive two paid weeks under the statutory system, less than half the minimum wage. Lloyd Hunter said: "We want to support our partners properly . . . and bring dads into the conversation." The government is reviewing the parental leave system, said Kate Dearden, minister for employment rights, who acknowledged the need for improvement.
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Human Times
Europe
Dutch lender ASN Bank has announced it will cut 850 to 950 full-time jobs as part of a significant reorganisation. The move aims to simplify internal structures and save €80m annually. The job reductions will occur gradually until the end of next year, with some positions eliminated through reduced external hiring and unfilled vacancies. CEO Roland Boekhout said: "Naturally, I recognize the impact this further organisational simplification has on all our colleagues." The bank is also merging its brands and focusing on core activities including mortgages and savings.
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Human Times
Middle East
Several recruiters have told Reuters that private sector employers in Saudi Arabia are reducing the generous salary premiums that once attracted top foreign talent to sectors including construction and manufacturing as Riyadh mounts a drive to cut costs and reorders economic priorities. Saudi private sector salaries are now comparable to the UAE's. "The pace of development has slowed and this has led to a slowdown in recruitment. Now employers are negotiating salaries more than before, when there was a shortage, and companies have implemented cost-conscious measures," said Hasan Babat, chief executive of Dubai-based Tuscan Middle East, a recruitment consultancy.
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