Föhrenbergkreis Finanzwirtschaft

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Archive for 19. November 2019

Europe’s New Jobs Lack Old Guarantees—Stoking Workers’ Discontent

Posted by hkarner - 19. November 2019

Date: 18-11-2019
Source: The Wall Street Journal

Unemployment in Europe is at its lowest level in a generation, but workers complain about lack of benefits, security

Yoann Perrotin, outside Grenoble. His temporary work contract with a bank wasn’t renewed, making it difficult to plan or buy a home.

By Daniel Michaels in St. Ismier, France and Paul Hannon in London

Europe’s job market is booming. So why are so many workers so angry?

Unemployment in Europe is at its lowest level in a generation. Ten million more people have jobs today than before the financial crisis a decade ago. Demand for workers remains high, with more job openings than ever before across the European Union. Of the 22 EU countries that have a minimum wage, all but Latvia raised theirs last year.

Yet behind the numbers is a shift that is changing Europe. A growing proportion of new jobs are part-time, temporary or self-employed positions that lack the benefits that European workers have long expected. Den Rest des Beitrags lesen »

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When Markets and Mobility Collide

Posted by hkarner - 19. November 2019

Date: 18-11-2019
Source:  by Ricardo Hausmann, Project Syndicate

Ricardo Hausmann, a former minister of planning of Venezuela and former Chief Economist at the Inter-American Development Bank, is a professor at Harvard’s John F. Kennedy School of Government and Director of the Harvard Growth Lab.

Many people, including economists, wonder why a scheduled 3% fare increase on the Santiago metro triggered mass protests that paralyzed the entire country. In fact, the popular response should come as no surprise, and understanding it is crucial to devising better policy solutions.

WINDHOEK – Gasoline is supposed to be combustible. But why has it also become politically explosive, as the eruption of massive protests in Ecuador and Chile suggests?

While the Ecuadorean case involved a significant increase in the price of gasoline, the revolt in Chile was triggered by a puny 3% scheduled increase in fares on the Santiago metro. Whether or not foreign meddling was involved, the fact remains that the protests, if not the accompanying violence and destruction, have had significant public support. Den Rest des Beitrags lesen »

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