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☆ European stocks set to open higher, reflecting wider optimism in global markets
▼ + stars: | 2024-05-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a positive start to trading Tuesday as traders look ahead to a busy day of earnings reports in the region. BP, S4 Capital, Siemens Healthineers, Deutsche Post, Infineon, Bouygues, UBS, Adecco, Banco de Sabadell and Unicredit are among the companies reporting earnings Tuesday. Overnight, U.S. stock futures flickered near the flatline Monday evening after the Dow Jones Industrial Average wrapped its fourth positive day in a row. Asia-Pacific markets climbed overnight, extending gains from the previous session and buoyed by gains on Wall Street.

Organizations: S4 Capital, Siemens Healthineers, Deutsche Post, Infineon, Bouygues, UBS, Adecco, Banco de Sabadell, Dow Jones Locations: Asia, Pacific

☆ Here's what to expect from the April jobs report on Friday
▼ + stars: | 2024-05-02 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Allison Joyce | Bloomberg | Getty ImagesHiring likely continued at a brisk pace in April as investors look for any cracks in the labor market that could sway the Federal Reserve. If that top-line number is accurate, it actually would reflect a small step back from the average 276,000 jobs a month created so far in 2024. April's jobs market featured more strength in health care and leisure and hospitality, Glaser added. Beating expectationsIndeed, the labor market has been full of surprises this year, topping Wall Street estimates at a time when many economists expected hiring to have slowed down. "The Goldilocks scenario is an unemployment rate rise with a participation rate rise," Matus said.

Persons: Allison Joyce, Nonfarm payrolls, Dow Jones, Amy Glaser, resiliency, Glaser, we've, Drew Matus, Matus, Jerome Powell Organizations: Brunswick Community College, Bloomberg, Getty, Federal Reserve, MetLife Investment Management, of Labor Locations: Bolivia , North Carolina

☆ AI job cuts: Technology will shrink workforces within five years, say company execs
▼ + stars: | 2024-04-05 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

AI is emerging “as a great disruptor in the world of work,” Denis Machuel, chief executive of Adecco Group, said in a statement. Some 46% of executives said they would redeploy employees internally if their jobs were impacted by AI. Responses from more than 800 global companies showed that a quarter of them expected AI to cause job losses, while half thought the technology would create new jobs. The WEF said employers expected most technologies, including AI, to be “a net positive” for jobs over the following five years. Still, that offers little consolation to the workers AI has already helped push out.

Persons: ” Denis Machuel, Goldman Sachs Organizations: London CNN, Adecco Group, Oxford, Adecco, World Locations: Swiss, United States, Canada, Germany, Japan

☆ European markets head for higher open ahead of key inflation reports from the U.S. and Europe
▼ + stars: | 2024-02-29 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a higher open Thursday as investors look ahead to key inflation reports in both the U.S. and Europe. Stateside, personal consumption expenditures price index data (the U.S. Federal Reserve's preferred measure of inflation) for January is due, and will be watched closely to see how it could affect the Fed's interest rate path. German, Spanish and French inflation data for February is also set to be released in Europe. It's a busy day for regional earnings, with AF-KLM, Veolia, Adecco Group, EDP, IAG, Ocado, ITV, Man Group, Schroders, Covestro and Anheuser-Busch InBev all reporting. U.S. stock futures fell overnight as Wall Street weighed the latest earnings results and looked ahead to the Federal Reserve's favored inflation gauge.

Persons: U.S . Federal Reserve's, It's Organizations: U.S, U.S . Federal, AF, KLM, Veolia, Adecco, ITV, Man, Anheuser, Busch InBev, Federal Locations: Europe, U.S ., Ocado, Asia, Pacific

☆ Adecco Group CFO: Seeing growth across Europe including in Germany
▼ + stars: | 2024-02-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAdecco Group CFO: Seeing growth across Europe including in GermanyCoram Williams, CFO at the Adecco Group, discusses full-year results, and explains why the company is benefitting from diversification across a range of sectors and territories.

Persons: Germany Coram Williams Organizations: Adecco Locations: Europe, Germany

☆ Child care benefits at work: Employers are increasingly offering resources to parents with daycare needs
▼ + stars: | 2024-02-23 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

And among those that do, less than a third selected any single benefit such as subsidized child care services (11%), child care referrals and consultations (28%); and back up child care (26%), which gives parents access to a daycare center or babysitter when their usual child care arrangements fall through on a given day. Among those, 37% offer access to backup child care, 16% subsidize child care and 10% provide onsite child care. Among respondents who said they were thinking of quitting their jobs, 41% said their compensation was not high enough to cover child care costs, and 30% said they didn’t have adequate child care. An onsite child care center like one from Bright Horizons can provide licensed and trained care providers and well-qualified early education teachers. Other options to ease working parents’ experienceFor many employers, though, an onsite child care center may be tough to swing.

Persons: ”, Jessica Chang, “ Covid, ” Chang, Mercer, It’s, We’ve, Stephen Kraemer, Kraemer, hadn’t, Carmen Perez, Perez, Seda, Chang Organizations: New, New York CNN, US Department of Labor, US Department of Health, Human Services, Century Foundation, “ Employers, Adecco Group, Bright Locations: New York, United States, California

☆ Adecco Pledged to Find Jobs for 85,000 Refugees
▼ + stars: | 2024-02-14 | by ( Feb. | At A.M. | ) www.usnews.com time to read: 1 min

ZURICH (Reuters) - Adecco Group will help 85,000 refugees find jobs and train 17,000 people by the end of 2027, the staffing company said on Wednesday. The Swiss company said it was also launching a dedicated website to help refugees find jobs. "No one chooses to be a refugee. The pledge to help refugees was an increase from a promise made by Adecco in June 2023, when it said it wanted to find jobs for 50,000 refugees and provide technical and language training for 10,000. Photos You Should See View All 22 Images(Reporting by John Revill, editing by Kirsti Knolle)

Persons: Christoph Catoir, Adecco, John Revill, Kirsti Knolle Locations: ZURICH, Swiss

The year opened with a bang as employers added 353,000 jobs in January, far exceeding the most optimistic of forecasts. Revisions also raised the November job number to 182,000 and also added 117,000 more jobs to December. “The labor market is certainly cooling,” Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management, said ahead of the report. “I think the labor market by many measures is at or nearing normal, but not totally back to normal,” Powell told reporters. But it is hard to contain the enthusiasm that a strong jobs report along with moderating inflation is good for most Americans.

Persons: “, ”, Becky Frankiewicz, isn’t, ” “ We’re, December’s downwardly, ” Brent Schutte, seasonality, Amy Glaser, Glaser, Chris Todd, ” Todd, Jerome Powell, ” Powell, “ It’s, Julia Pollak, ” Schutte Organizations: ADP, Northwestern Mutual Wealth Management, Adecco, BLS, Federal Reserve, Federal

☆ A strong exit interview could help transform a company's culture and bottom line. Here are the 5 best and worst questions to ask.
▼ + stars: | 2024-01-25 | by ( Mariette Williams | ) www.businessinsider.com time to read: +8 min

Exit interviews are a valuable tool for companies that want to make their workplaces better. Exit interviews are an effective tool for companies looking to make their workplaces better. "Exit interviews are seen as uncomfortable, time-consuming, and just plain inconvenient," Peter James, an executive leadership coach, told Business Insider. "Exit questions need not be complex but should ideally address what we know, what we think we know, and what we should know," James said. "By the time an employee has made it to the exit interview, they've already submitted their resignation letter or email.

Persons: —, Peter James, Chris Bellezza, James, Burgette White, White, Burgette, Desmond Attmore, Brian Wright, it's, I've, Devika Brij, Brij, Attmore, they've, They've Organizations: Service, Adecco, Employees, Staff Locations: America

☆ Barclays reveals 10 debt-laden global stocks at risk from higher interest rates
▼ + stars: | 2023-11-28 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Barclays has identified the European stocks that are most at risk of taking a hit to profits over rising interest payments for debt over the next two years. During the coronavirus pandemic, central banks cut interest rates to historic lows, enabling companies to borrow debt at very favorable rates. The table below shows the 10 stocks Barclays expects to have the biggest increase in interest costs through to 2025. Since interest costs are integral to real estate business models, the impact on margins and profits could be much more severe, the bank's analysts said. The Barclays team is confident that while interest rates can hurt company bottom lines, there was "scant" evidence that showed there was systemic risk.

Persons: Fastighets Balder, Castellum, Vonovia, Matthew Joyce, Zoso Davies Organizations: Barclays, Premier, Whitbread, BASF, Dassault Systemes Locations: Swiss

The economy added 150,00 jobs in October, suggesting a mild slowdown following September’s outsized gain, the Labor Department reported on Friday. Nonfarm payrolls comes in a bit light, downward revisions to previous 2 months and wage growth on the low end. On the margin it feels like it has softened up, but it's still a mighty hot job market,” says Steve Preston, CEO of Goodwill Industries. The Federal Reserve has been looking to the labor market for signs it has reached a better balance between supply and demand than a year ago. Chairman Jerome Powell noted that the labor market has remained strong even as interest rates have risen at a sharp pace over the past year.

Persons: ”, Noah Yosif, Nonfarm payrolls, ” Kathy Jones, it's, Steve Preston, ” Preston, Geno Cutolo, Scott Hamilton, ” Hamilton, Jerome Powell, “ We've Organizations: Labor Department, UKG, ”, Schwab Center, Financial Research, Goodwill Industries, Federal Reserve, Labor Locations: North America

☆ The US economy added 150,000 jobs last month. Here’s what that means
▼ + stars: | 2023-11-03 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

Minneapolis CNN —For several months now, the US labor market has been on a cooling trajectory, and Friday’s jobs report made that even more apparent. The US economy added 150,000 jobs last month, falling below expectations but still notching a solid month of employment growth, according to Bureau of Labor Statistics data released Friday. October’s job growth came in below September’s stronger-than expected but downwardly revised total of 297,000 jobs. Including the estimated 150,000 jobs added last month and the downward revisions to August and September that totaled 101,000 jobs, the United States is averaging 239,000 jobs gained per month so far this year. Where the jobs were — and weren’tBecause of the timing of the striking actions and how the BLS tracks such activity, October is the first jobs report that reflects the massive strike.

Persons: ”, Sung Won Sohn, Nancy Vanden Houten, Jerome Powell, Gus Faucher, Dante DeAntonio, ” DeAntonio, “ It’s, ” Ger Doyle, ManpowerGroup, Amy Glaser, we’ve, “ We’re Organizations: Minneapolis CNN —, of Labor Statistics, SS Economics, Loyola Marymount University, United Auto Workers, Ford, General Motors, UAW, Big, Federal Reserve, Fed, Oxford Economics, BLS, PNC Financial Services, Government, Moody’s, ”, CNN, “ Locations: Minneapolis, United States, Southern California

☆ Here's what to watch in Friday's big October jobs report
▼ + stars: | 2023-11-02 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Don't hold your breath looking for that big of a decline, said Amy Glaser, senior vice president at global staffing firm Adecco. We're still seeing resilience in the market," Glaser said. Indeed, a potentially important trend has been the hiring of part-time workers in recent months. Strike impactClose to half a million American workers have gone on strike in recent months. While a number of those high-profile stoppages have been resolved, some of the activity will show up in the October jobs report.

Persons: you've, payrolls, Dow Jones, Amy Glaser, We're, Glaser, Jerome Powell, Jeffrey Roach, Roach, Homebase Organizations: Labor Department, Federal Reserve, LPL, Employers, of Labor Statistics, United Auto Workers

☆ Long before hitting a glass ceiling in the workplace, women face a 'broken rung,' report finds
▼ + stars: | 2023-10-18 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

That's where progress often falls short, according to the annual Women in the Workplace study from Lean In and McKinsey. "The 'broken rung' is the biggest barrier to women's advancement," said Rachel Thomas, Lean In's CEO and co-founder. "Companies are effectively leaving women behind from the very beginning of their careers, and women can never catch up." Largely due to systemic bias, women are prevented from getting the same opportunities to advance, Lean In's report found. "Women tend to look for mentors and men tend to look for sponsors who will help them negotiate," she said.

Persons: Rachel Thomas, Lean, Thomas, —, Stefanie O'Connell Rodriguez, Laurie Chamberlin Organizations: Fortune, Lean, McKinsey, Companies, Adecco, Mentors, Gallup Locations: America, North America

☆ Networking has changed in the wake of the pandemic. Experts detailed where people are now making new connections.
▼ + stars: | 2023-10-14 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . His line of work depends on networking, and he's noticed a decline in touch points across the board, including conference attendance and one-on-one meetups. Multiple experts told me the way we network has changed due to the pandemic and discussed the modifications they've witnessed and experienced. "Ever since people moved into hybrid or remote because of the pandemic, more people are actually responsive towards direct messages," Param said. But now, they're agreeing to meet up and having pretty robust but casual chats — most of the meetings have nothing to do with recruitment anymore, Param told me.

Persons: —, We're, Scott Fletcher, he's, Cheryl Campanaro, TikTok, Campanaro, Stanton Chase, Waters, You've, there's, Fletcher, they're Organizations: Service, Growth, LinkedIn, Facebook Locations: Ubers

Job openings unexpectedly rose in August by 690,000 in a surprise that was led by a jump in demand for workers in business services, the Labor Department reported on Tuesday. Job openings rise to 9.6 mil from 8.8 mil last month. That means analysts will wait for other data on the job market out this week to see whether the job openings report is an anomaly. The job openings data lag the other labor market reports this week by a month. On Friday, the government will release its monthly jobs report for September with analysts looking for a continued moderation in the pace of growth in employment.

Persons: “, ” Kathy Jones, Charles Schwab, ”, Geno Cutolo, Mark Hamrick, ” Hamrick, Brij Khurana, Khurana Organizations: Labor Department, Charles, Charles Schwab Center, Financial Research, Federal, Wellington Management Locations: North America

☆ Women will accept $66,000 a year to take a new job — while men hold out for more than $90,000
▼ + stars: | 2023-09-06 | by ( Jessica Dickler | ) www.cnbc.com time to read: +5 min

For men, the average lowest wage they would be willing to accept for a new job is $91,048, about $25,000 more than the average women would accept, which currently stands at $66,068. Regarding her first job as a senior analyst in 2017, El-Amin said, "I was offered $68,000, I countered and asked for $72,000," she said. In her most recent role, El-Amin, now 28, earned $200,000, she said. Negotiate for higher pay Differences in the way women and men approach negotiating their pay has played a role in the gender pay gap, research shows. "Women tend to look for mentors and men tend to look for sponsors who will help them negotiate," she said.

Persons: Cinneah El, Amin, I've, El, Barnard, Aronstein, Trevor Bogan, Bogan, Laurie Chamberlin, Chamberlin, Alex Gailey Organizations: New, Federal, Barnard, Columbia University, Finance, Pew Research Center, Top Employers Institute, Adecco, Mentors, Gallup Locations: El

☆ July jobs report: U.S. payroll growth totaled 187,000, lower than expected
▼ + stars: | 2023-08-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

A more encompassing unemployment rate that includes discouraged workers and those holding part-time jobs for economic reasons fell to 6.7%, down 0.2 percentage point from June. The survey of households, which is used to calculate the unemployment rate, showed a more robust gain of 268,000. The unemployment rate for Blacks moved lower to 5.8% while the rate for adult women nudged higher to 2.7%. A 3.5% unemployment rate, you can't complain about that," said Satyam Panday, U.S. chief economist at S&P Global Ratings. This is a "really, really solid labor market," said Jonathan Stokoe, senior vice president at job placement firm Adecco.

Persons: Nonfarm, Dow Jones, Stocks, Satyam Panday, Jonathan Stokoe, Rick Rieder, Jerome Powell, Goldman Sachs Organizations: Labor Department, Federal Reserve, Dow Jones, Treasury, Blacks, Gross, Atlanta, Group, Fed, Bank of America Locations: U.S, BlackRock

☆ Winners and losers likely as Switzerland absorbs Credit Suisse layoffs
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +5 min

Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland March 20, 2023. In Switzerland, up to 10,000 jobs could be affected with Zurich bearing the brunt if UBS goes ahead with its indicated preferred option of absorbing Credit Suisse and cutting overlapping jobs and operations. "The large banks have many highly paid very specialized roles, where frankly there is very little demand in the market outside UBS and Credit Suisse," he said. Job cuts at Credit Suisse will hit Swiss and foreign nationals on its payroll, which may mean some have to leave Switzerland if they can't find a new job. Swiss banks have been looking in particular to snap up relationship managers with strong client relationships and solid books.

Persons: Denis Balibouse, headhunter Fredy Hausammann, Hausammann, Adecco, Balz Stueckelberger, Sergio Ermotti, Lombard Odier, Marco Arnold, Giorgio Pradelli, Pradelli, EFG, Noele Illien, Susan Fenton Organizations: UBS, Credit Suisse, REUTERS, Reuters, State Secretariat, Economic Affairs, Arbeitgeber Banker, Swiss, EFG's, Thomson Locations: Zurich, Switzerland, Swiss, Europe, Zug

☆ Ahead of World Refugee Day, dozens of multinationals pledge to hire and train 250,000 refugees in Europe
▼ + stars: | 2023-06-19 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +4 min

New York CNN —Just ahead of World Refugee Day, 41 multinational companies on Monday publicly pledged to provide jobs, training and connections to work opportunities for more than 250,000 refugees in Europe. What different companies are doingAmong the companies that are making new pledges this week, many have already been hiring or training refugees in Europe over the past year. ISS, for instance, has already hired 500 refugees in Europe — a majority of them Ukrainian women — since March of last year. Others making hiring commitments include Adidas, Blackstone, BP, Hyatt, Ipsos, L’Oréal Group, Novartis, PepsiCo, Pfizer and The Kraft Heinz Company. The United Nations High Commissioner for Refugees estimates the number of refugees worldwide is now approaching 35 million people, with more than 12 million of them in Europe.

Persons: ”, Margot Slattery, Slattery, Margaritis Schinas, —, Catherine Shoichet Organizations: New, New York CNN, Accenture, Adecco, Cisco, Generali, Marriott International, Microsoft, Starbucks, Tent Partnership, Refugees, ISS, Union, European Commission, Hilton, Marriott, Adidas, Blackstone, BP, Hyatt, L’Oréal, Novartis, PepsiCo, Pfizer, The Kraft Heinz Company, Cisco’s, Tent, United Nations Locations: New York, Europe, Amazon, Hilton, Paris, Ukraine, Ipsos

☆ The talent market is very dynamic, Adecco Group CFO says
▼ + stars: | 2023-02-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe talent market is very dynamic, Adecco Group CFO saysCoram Williams, CFO of Adecco Group, discusses the European staffing company's latest results and the state of the labour market more broadly.

☆ Morning Bid: Irksome inflation won't die down
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +4 min

Friday's latest U.S. inflation surprise was matched in Europe on Tuesday, with French and Spanish headline inflation rates unexpectedly rising again in February - making for an uncomfortable final day of a transformative month for markets. And worryingly, market-based measures of inflation expectations are rising sharply again too. U.S. two-year 'breakeven' inflation rates , taken from inflation-protected Treasury securities, have jumped 80 basis points this month to 2.8% - wiping away the prior assumption that inflation would return to the Fed's 2% target over two years. In Europe, the five year, five-year forward inflation linked swap has jumped 20bps to a 9-month high just under 2.5%. Stock markets steadied after early losses, with U.S. futures only slightly in the red ahead of the open and month end.

☆ 40% of employees in a 4-day work week trial reported fewer sleep issues
▼ + stars: | 2023-02-21 | by ( Britney Nguyen | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

40% of employees who participated in the UK's four-day work week trial reported fewer sleep issues. The UK's four-day work week trial, one of the largest in the world, saw 61 companies participate in the trial. In the 4-day work week pilot, 46% of employees reported experiencing less fatigue than usual, and 14% said they experienced more. In addition to better sleep, participating employees reported other benefits of working 32 hours instead of 40 for the same amount of pay. Thirty-nine percent of employees reported feeling less stress, and 71% felt less burnout by the end of the trial.

☆ The job you want has 1,200 applicants — but your odds are better than you think
▼ + stars: | 2023-02-12 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +4 min

But Claudia Garcia, a recruiter, said that the ease of online applications inflates the numbers. So while getting the job might look like a long shot, your odds are better than you think. That's according to Claudia Garcia, a senior specialty recruiter for Pontoon Solutions, which is part of the staffing company The Adecco Group. "Don't be intimidated," Claudia Garcia, a senior specialty recruiter for Pontoon Solutions, said. The lesson for job seekers is clear: While getting the job might look like a long shot based on the sheer number of applicants, your odds are better than you think.

☆ Here's how to say no to extra work at your job and avoid burnout
▼ + stars: | 2023-01-04 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +3 min

Insider spoke to several workplace experts who advised how to say no to extra work when things become overwhelming. Burnout results from chronic workplace stress and shows itself through feelings of increased exhaustion, negativity, and reduced efficacy in the workplace, according to the World Health Organization. One of the best ways to avoid burnout is by managing stress that can be exacerbated by taking on too much work. Insider spoke to several workplace experts who advised how to say no to extra work when things become overwhelming. He said if the job feels perfect except for certain demands, workers should ask themselves if they think the job will improve soon.

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