Labor Market News
The labor market refers to the economic system where workers and employers interact to determine wages and employment levels.
Fewer Fixed-Term Jobs, Young People More Affected
A microcensus reveals a decrease in fixed-term employment. Young people, particularly at the start of their careers, are more frequently impacted by short-term contracts, indicating less job security.
AI makes entry-level jobs harder, may lower wages
Artificial intelligence is transforming the job market, making it more difficult for young people to enter, particularly in office roles. Businesses also anticipate AI could lead to lower wages, according to the ILO and Ifo Institute.
Average Work Hours Drop; Older Workers Log More Time
Average working hours per person have slightly decreased, particularly among men and younger individuals. In contrast, hours remained stable for women, while older workers are logging more time.
Gen Z Not Lazy, Data Shows
US Jobs Decline Unexpectedly, Labor Market Disappoints
More Pensioners Working, Self-Employed Active
German Firms Cut Job Losses as Labor Market Stabilizes
More Stories
The labor market refers to the economic system where workers and employers interact to determine wages and employment levels.
