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Recent Editions
Human Times
North America
The U.S. economy added 162,000 jobs in August, well above forecasts and marking the strongest monthly gain since March, while July payroll growth was revised up to 21,000 from an initially reported loss of 23,000. The unemployment rate held at 4.1%, labor force participation edged up to 61.6%, and average hourly earnings rose 3.1% from a year earlier to $37.75. Hiring was led by food services and drinking places, local government education, construction, manufacturing, and health care, while information-sector employment declined. Despite the stronger headline figures, economists described the labor market as stable rather than accelerating, with job openings little changed and many workers reluctant to switch jobs. The report could give the Federal Reserve more scope to raise interest rates at its September 16th meeting, although policymakers are expected to weigh the upcoming August inflation data before deciding.
Human Times
UK
Phillippa O'Connor, UK chief people officer at PwC, says graduates are more enthusiastic about office working than older employees, particularly parents and carers who became accustomed to remote work during the pandemic. She says younger staff value being in the office for networking, learning from colleagues and gaining exposure to senior employees and clients. PwC expects staff to work in the office at least three days a week, while offering parents and carers greater flexibility. Research from PwC and the Social Market Foundation think-tank also found that the quality of a person’s first job can have a major impact on their career. Those starting in roles offering strong training, support and progression opportunities earned an average of £55,000 by age 35, compared with £27,000 for those entering lower-mobility roles.
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Human Times
Europe
The Eiffel Tower was closed on Monday after staff went on strike over female workers being removed for the visit of a Hindu religious group. A delegation of around 100 people linked to the Bochasanwasi Akshar Purushottam Swaminarayan Sanstha (BAPS) group visited the Paris landmark on Saturday. "During the visit of this delegation, women were asked to leave their places of work in order to place men there," staff union representative Diane Davoine told Reuters. She said management had since apologised to workers over the incident. "So that absolutely does not go down well with the employees, with women obviously, who are all humiliated by what happened, by the way some were treated," Davoine said. Société d'Exploitation de la tour Eiffel (SETE), the company that operates the monument, confirmed the delegation had asked the visit be organised to limit "interactions with women"; it has since said that "these conditions should not have been accepted."
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Human Times
Middle East
Saudi Arabia's Ministry of Interior has warned employers against allowing their employees to work for others or for personal gain. Violators may face fines of up to SR100,000 and imprisonment for six months, along with a five-year recruitment ban. The ministry urged both employers and employees to comply with residency, labour, and border security regulations. It also encouraged the public to report any violations by calling 911 in Makkah, Madinah, Riyadh, and the Eastern Province, or 999 in other regions of the Kingdom.
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