The Cabinet of Prime Minister Shinzo Abe approved Friday a suite of labor reforms designed to solve Japan’s demographic challenges while creating conditions to promote job growth, particularly for those struggling to find stable work.
A new research shows that an unprecedented exodus of foreign workers is hurting the Saudi economy and this has already become a source of criticisms against a controversial domestic labor empowering initiative devised by Crown Prince Mohammad bin Salman.
Aging populations in advanced economies drain the labor force and could slow economic growth, but allowing an influx of immigrant workers could counteract that decline, the International Monetary Fund says.
Australia’s Labor has backed Foreign Minister Julie Bishop’s urgings to the Donald Trump administration not to abandon the Iran nuclear deal as both sides of Australian politics agree it could imperil negotiations with North Korea.
The 28 European Union states failed to agree in a first round of talks on Monday on reforming the bloc’s labor rules that poorer countries value but French President Emmanuel Macron dismisses as undercutting his workers.