You’re all signed up for the Human Times
Thank you for your interest in our service.
Watch out for a confirmation email from our subscriptions team. Once you have confirmed you will join the worldwide community of over 30,000 subscribers who are receiving daily HR intelligence to lead, innovate and grow.
Note: Due to the nature of this message you may find this in your "promotions" or "spam" folders, please check there. If nothing arrives within a few minutes let us know. If you do not receive this email we will be happy to help get you set up.
Adding the email address humantimes@human-times.com, will help to ensure all newsletters arrive directly to your inbox.
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.
Full Issue
Human Times
Europe
Volkswagen chief executive Oliver Blume has been told by labour leaders at the automaker that he had received no "blank cheque" following the unanimous supervisory-board vote on a restructuring agreement. The roughly 50,000 additional job reductions remain a planned target rather than an agreed programme, and many of the most contentious steps still require detailed plans, further approvals and negotiations, worker representatives said.
Full Issue
Human Times
Middle East
The Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog, has said the misuse of informal banking networks, including hawala and other similar service providers (HOSSPs), which move payments through agents rather than regulated financial institutions, is a growing worldwide problem. FATF President Giles Thomson warned that sophisticated, commercially run networks now act as a “serious risk multiplier,” and make it easier for criminals to hide activities that harm people and communities around the world. FATF said in its report that professional service providers, including lawyers, accountants, auditors, consultants and real estate agents, are increasingly involved in facilitating the schemes.
Full Issue