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The wage gap will always trump immigration barriers, World Bank official says No matter what roadblocks are put in place, at the end of the day it’s economics and in particular wage gaps that drive immigration flows, a World Bank expert said Thursday. Caglar Ozden, lead economist in the bank’s development and research group, outlined 10 ideas to strengthen migration …

City of London fund managers could lose half their EU workforce, survey shows One of the City of London’s most important industries could lose more than half of its EU workers because of Brexit, according to a new survey. Just 42 per cent of fund management professionals polled said they plan to continue working in the UK after its departure …

Fed Sees Economy Advancing Amid ‘Widespread Labor Tightness’ The U.S. economy picked up steam with only modest inflation from September through early October, as some companies expected a tight labor market would exacerbate hurricane rebuilding efforts, a Federal Reserve survey showed. The central bank’s Beige Book economic report, based on anecdotal information collected by the 12 regional Fed banks through Oct. 6, said …

Fast-food restaurants closing as Quebec unemployment rate nears all-time low With the Quebec unemployment at its lowest rate in decades, Quebec’s fast-food industry is struggling to find staff — with some reducing their hours and others being forced to shut their doors altogether. The latest casualty is a KFC restaurant in Lévis, Que. Despite a social media recruitment campaign and wages starting …

Recent Grad With No Job? Here Are 7 Strategies To Get Hired Faster While unemployment rates for college graduates over age 25 was just 2.4% in August 2017, the unemployment rate for recent college graduates ages 21 to 24 was 6.8%. That’s still better than it has been in recent years, but being unemployed months after graduation can be discouraging. …

UK employers raise pay as Brexit skills shortage bites – recruiters A fall in people coming to Britain from other European Union countries has aggravated a shortage of workers and forced employers to raise starting salaries at the fastest pace in nearly two years during August, a survey showed on Friday. The monthly report from the Recruitment and Employment Confederation …

Good cooks are quitting the kitchen, and that’s bad news for your favourite restaurant If I hadn’t gone to cooking school or spent six years working in Toronto kitchens, I wouldn’t be who I am today: a writer, not a cook. Cooking is a wonderful art, skill, trade and craft. But as a career, it stinks: The ratio of work …

Brexit Britain has too many jobs and not enough workers Employers have plenty of jobs to fill but potential hires are in short supply, according to a new report by the Recruitment and Employment Confederation (REC). The number of open permanent jobs grew at the fastest rate in 27 months in July. Meanwhile, the availability of both permanent and temporary …

Restaurants Are the New Factories Donald Trump’s ideal economy is defined by brawn. He praises steelworkers, speaks wistfully of coal mining, and tweets boastfully about new manufacturing factories. But 200 days into his presidency, the most promising sector of the U.S. labor market isn’t steel-plating. It’s dinner-plating. Restaurant jobs are on fire in 2017, growing faster than health care, construction, …

Employers struggle to recruit staff as applications drop due to Brexit Employers are facing ever more difficulties in recruiting staff as the number of candidates for jobs shrinks in the UK due to Brexit. The availability of workers suffered its biggest fall in a year and a half in July, according to a survey. Last year’s Brexit vote has made it more …