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Recent Editions
Human Times
North America
Goldman Sachs has added rules on prediction-market betting to its employee codes of conduct. The bank's personal trading policy bans employees from trading on prediction markets except for sports and entertainment bets. Trading on event contracts related to specific companies, election outcomes, or financial market performance is prohibited. Repeated violations of the policy may lead to dismissal or account closure, and employees may be required to forfeit profit or donate it to charity in cases of improper trades.
Full Issue
Human Times
UK
The government’s new "work experience guarantee" mandates that all state school pupils under 16 complete ten days of workplace experience. However, a report from the Education and Employers charity reveals that only 58% of key stage 4 pupils achieve this target. Barriers include a lack of quality placements and rising travel costs. Nick Chambers, the chief executive of Education and Employers, says: "The government's ambition is absolutely right; but there is a real risk that without a proper infrastructure and funding this policy will simply advantage the advantaged, widening the social mobility gap further . . . Good work experience should not depend on who your parents know or where you happen to live." July has been designated as national work experience month to promote collaboration between schools and employers.
Full Issue
Human Times
Europe
Volkswagen's labour leaders have vowed to fight plans for large-scale job cuts, as Europe's largest automaker considers a wide-ranging overhaul that sources say could cost around 100,000 jobs. “Us workers didn’t cause this crisis,” Daniela Cavallo, head of VW’s works council, said at a protest at the German company’s headquarters in Wolfsburg. “Management must do its homework, politicians as well, while we’ve already stood ready to do our part.” Reuters reports that Volkswagen is under unprecedented pressure to restructure its business model as it battles with high costs and excess capacity at home. "The global situation has continued to deteriorate over the past twelve months," Volkswagen CEO Oliver Blume said. "That is why we are acting now."
Full Issue
Human Times
Middle East
The OECD's Employment Outlook 2026 reveals that the unemployment rate across member countries stands at 4.9%, and has been at or below 5.0% for more than four years. Total employment reached 670m in May 2026, marking a 26% increase since 2001, and is expected to grow by 0.3% in 2026 and 0.6% in 2027. Despite this growth, real wages are lagging, with one-third of countries experiencing lower wages than five years ago. “OECD labour markets have been strong and resilient – employment is at record highs and unemployment rates are near historic lows,” OECD Secretary-General Mathias Cormann said. “But workers' purchasing power is not keeping up. The answer is boosting labour productivity with better education policies, adult learning options, job mobility and technology adoption.”
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