Arbeit: Für viele ist mit 62 Schluss in Österreich

Das ist wohl auch der Fall in Deutschland, wenn ich mich nicht irre.

Arbeit: Für viele ist mit 62 Schluss

The Seller’s Market For Legal Stars Is Booming or the lateral partner hiring

Recommendable!

(1) The Seller’s Market For Legal Stars Is Booming - YouTube

Africa's Workforce War: The Gambia Joins Regional Push Against Foreign Employment

Local jobs for local people!

(501) Africa's Workforce War: The Gambia Joins Regional Push Against Foreign Employment | Firstpost Africa - YouTube

The AI boom appears to be adding far more American jobs than it is eliminating

Good news! Wait until the robots are coming! Just kidding!

"So far, the AI boom appears to be adding far more American jobs than it is eliminating. An analysis by The Economist finds that industries and occupations closely tied to AI and data centers have added about 1 million more US jobs than broader employment trends would predict. Around 320,000 of those above-trend jobs are in data-center-related construction and manufacturing, and 730,000 are in the occupations closest to AI development, such as engineering, software development, mathematics, and data science. By comparison, The Economist counted roughly 200,000 layoffs attributed to AI since mid-2023."

Doomslayer: Progress Roundup - by Malcolm Cochran

AI-Related Jobs Are Growing in the US

The jobs apocalypse is postponed. An AI jobs boom is here (behind paywall) "Initial effects of the technology on employment look positive"

Why Are Gen Z Job Seekers Ghosting Employers?

Recommendable, but how much is hype and how much is real? Or what is the missing part here?

(241) Why Are Gen Z Job Seekers Ghosting Employers? | Vantage on Firstpost | 4K - YouTube

Corporate America Is Axing the ‘Micro-Team’ Boss and reducing layers of hierarchy

Some job cuts are different than others! 😊

"The latest broadside against small-team bosses comes from Uber. The ride-sharing giant said Wednesday it would reduce the number of “micro-teams”—those with only one or two direct reports—by nearly half. The move is part of a broader plan to cut 10% of its staff, about 3,300 people. Ultimately, the company will have 20% fewer managers, a spokesman said. ..."

"... Today [9/2/2026], we’re making a number of significant organizational changes across Uber. We are removing layers, simplifying team structures, refining our global location strategy, and focusing our people and investments against the biggest opportunities ahead of us. As a result, we will be reducing the size of our team by about 10%. Everyone whose role has been affected has already been notified, except in countries where we will follow the required local process. ...

Team simplification: We brought together teams where fragmentation was creating duplication and slowing decisions. ..."

Corporate America Is Axing the ‘Micro-Team’ Boss - WSJ "At Uber and elsewhere, managers with small fiefdoms have become an especially vulnerable target in the push to purge management ranks"

Building a simpler, faster Uber (original news release by the CEO)

Uber CEO Dara Khosrowshahi

Where are China’s youth headed in a crowded job market?

Very recommendable! High youth unemployment seems to be serious issue in China for the past 10 years or longer! Graduating from a university is no longer a guarantee of a good employment.

This has been reported multiple times in recent years.

(153) Where are China’s youth headed in a crowded job market? - YouTube

Israel is replacing Palestinian workers with 330,000 foreign workers

More consequences of the coward mass murder terrorist attack of October 7, 2023!

The pressure is on the Arabs living in the Gaza Strip and West Bank to never allow again coward terrorists to operate among them building tunnels, hiding command centers and weapons underneath a children hospital and so on!

"Since October 7, 2023, Israel has been rapidly replacing its Palestinian labor force with foreign workers.

250,000 foreign workers are already in Israel and their number is set to rise to 330,000.

Many unseen challenges lay behind these numbers, the most substantial of which is the question of the housing that employers are obligated to provide for their foreign employees. The law stipulates a detailed definition of suitable housing and some companies are renting entire buildings and converted them into homes. But evidence of crowding and poor conditions is increasing and the government's solutions are mostly on paper. ...

After October 7, 2023, Israel decided to close its border crossings in Judea and Samaria with the Palestinian Authority and barred the entry of Palestinian workers into Israel. An estimated 150,000 Palestinian workers were regularly entering Israel before the war, of whom 92,000 were working legally, many of them in the construction industry. Only 20,000 Palestinian workers currently work in Israel, primarily in essential enterprises and communities beyond the Green Line. ..."

Is Israel prepared for 330,000 foreign workers? - Globes "Workers from abroad have taken the place of Palestinians but employers are not always providing the housing conditions and other services the law requires, while government enforcement is lacking."

Image of the day

In a World of AOCs, Be a Leavitt "Two radically different approaches to motherhood." Working and freezing eggs vs. working and having babies.

 

Israel’s elderly employment rate among OECD’s highest

Israel is always good for positive surprises (presumint this one is based on voluntary individual choices)! 😊

Israel has a gender equality problem, the official retirement age between men and women is a staggering five years apart, i.e. 67 versus 62.

Notice Israel has a rather high official retirement age of 67 for men.

"... A significant number of them work in security, education, and transportation and the vast majority are men. ...

While most Israelis who continue to work after the official retirement age (67 for men and 62 for women) leave their jobs shortly thereafter, the presence of men at particularly old ages, 70+, is even more striking.

Of men who work past the retirement age, over 58% continue to work even after the age of 70. For women, the rate is much lower - only 29%. ..."

Israel’s elderly employment rate among OECD’s highest - Globes "According to data from the Shoresh Institute, about 28% of men and about 15% of women over the age of 65 continue to work."

British Kids Are Skipping Top Colleges for White-Collar Apprenticeships

We have seen similar headlines for other Western countries and over the past 10-20 years or so.

A recurring theme in Western news reporting! Is it different this time?

British Kids Are Skipping Top Colleges for White-Collar Apprenticeships - WSJ (behind paywall) "College no longer feels like a good deal for high-school graduates, so they are heading straight into the workforce"

Xi’s China Faces Massive Unemployment Crisis as 12.7 Million Graduates Seek Jobs and with a persistent double digit youth unemployment rate

Serious stuff!

(244) Xi’s China Faces Massive Unemployment Crisis as 12.7 Million Graduates Seek Jobs | Vantage | 4K - YouTube

Vorzeitiger Ruhestand belastet die Renten­kasse in Deutschland

Bedenklich! Vielleicht sind die Frührentner aber dennoch aktiv in der Wirtschaft und im Arbeitsmarkt als z.B. Selbstständige, freiwillige Kurzeitarbeitnehmer, job hopping usw.!

Ich bin auch mit etwa 62 in den vorzeitigen Ruhestand gegangen, aber in den USA.

"... Das wird für die Rentenkasse zur wachsenden finanziellen Belastung, denn seit einiger Zeit erreichen die geburtenstarken Jahrgänge 1954 bis 1969 nach und nach das rentennahe Alter. Viele von ihnen entscheiden sich dafür, ihre Rente vorzeitig in Anspruch zu nehmen ...

Ende 2024 bezogen rund 1,1 Millionen Menschen in Deutschland eine Rente, die 1959 oder später geboren waren und damit die Regelaltersgrenze noch nicht erreicht hatten.

Insgesamt waren zu diesem Zeitpunkt bereits rund sechs Millionen Babyboomer verrentet. ..."

Vorzeitiger Ruhestand belastet die Renten­kasse - iwd.de "Immer mehr Menschen in Deutschland, die zur Generation der Babyboomer gehören, gehen in den Ruhestand – viele von ihnen vorzeitig. Dies konterkariert das Ziel der Politik, die Lebensarbeitszeit zu erhöhen und das Rentensystem zu stabilisieren."

Jobless Claims in the US Remain Below 200,000 For Third Straight Week—First Time in 57 Years

Good economic news! Below 200,000! Wow! This is probably as close as it gets to full employment in the US by this measure.

Maybe AI is not a job killer as of yet.

"Jobless claims have been below 200,000 for three consecutive weeks, the first such streak in 57 years. The last time jobless claims remained this low for this long was in 1969, during the extraordinary stretch of low unemployment from 1967 through 1969. The current numbers are all the more extraordinary because the workforce is more than twice as large and the last period’s labor numbers benefited from a military draft to support the Vietnam War.

The four-week moving average of claims fell to 198,750. Because claims can be volatile, many economists think this number is a better guide to the health of the labor market. The four-week average was last this low for two weeks in 2022. Prior to that, it had not been that low since 1969, when it hit an all-time low of 179,000. ..."

Jobless Claims Remain Below 200,000 For Third Straight Week—First Time in 57 Years "The number of new claims for unemployment benefits remained near a historical low last week, indicating few Americans are losing their jobs to layoffs."

Y-axis is log scale (because of the huge, distorting spike in 2020, grey shading indicates recession)

California’s minimum wage will rise to $17.40 an hour on Jan. 1, 2027. Really!

Why not $20 or better $25 an hour! Minimum wages are very arbitrary and they do not help many individual seeking a job on the labor market. 

Minimum wages are only really good for incumbents, which is known for at least the last 100 years!

They are a form of appalling government price & wage controls!

They are constitutionally dubious and anathema for a country of free individuals!

It is a sign of socialism in the US!

Monday, August 3, 2026 - Join The Flyover

UK Prime Minister Keir Starmer unfortunate legacy, the Employment Rights Act of 2025

Recommendable! How stupid is this new law!

Was Keir Starmer a mediocre PM to put it mildly? I bet he was!

For decades, the government of the UK is heading in the wrong direction! Here is another example!

Once a classical liberal and largely free market economy is more and more becoming socialist since 1945.

Most of the victims of this legislation will be young individuals entering the labor market or inexperienced individuals of any age trying to change jobs etc. These adverse effects have been known for several decades!

"... Burdensome regulations, such as 

day one paternity leave, 

ordinary parental leave, and 

statutory sick pay

might on the face of it look beneficial to workers, but not if they make employers more adverse to hiring new workers, especially young people without previous work experience. Young people who are either working flexible hours or looking for a permanent job don’t want mandated employment benefits if it means we won’t be hired in the first place.

Other regulations, such as workers being given the right to sue their employer for unfair dismissal after 6 months on the job – reduced from 2 years – will only create a more legalistic market, where employers spend more time managing legal risk than creating employment opportunities.

One benefit of having a free labour market is that it allows young and inexperienced workers the chance to gain experience and skills.

If the cost of hiring increases because of new employment rights, then it will be the youngest and least essential workers that will be laid off, or employers will simply hire less people. ..."

Young workers need freedom

61% of Germany’s chemistry PhD students consider quitting their degrees

More bad news from the banana republic of Germany! Have German chemists become oversensitive (wie Mimosen)?

"Almost two-thirds of Germany’s chemistry PhD students have considered quitting their degrees, according to new research conducted by the German Chemical Society’s Young Chemists Network (JCF) [Gesellschaft Deutscher Chemiker e.V.]. Respondents to a survey organised by the JCF cited mental health issues, poor supervision and high workloads among the top reasons they had considering ending their studies. 31% of respondents claim to have been victims of abuse of power. ..."

61% of Germany’s chemistry PhD students consider quitting their degrees "Unhealthy supervisor–student relationships driving poor mental health outcomes among chemistry researchers"

Die Migrations-Erzählung wackelt: Die Fleißigen fliehen aus Deutschland inklusive Deutsche

Neues aus der Bananenrepublik D! Neben der Immigration gibt es auch die Emigration! Wer haette das gedacht!

Man kann auch mit den Füssen abstimmen (vote by feet) wenn die politische Lage sich dauerhaft verschlechtert oder das Staatsversagen zunimmt.

Auch deutsche Nachrichtenmedien bedauerlicherweise verwechseln Migration und Immigration. Zwei völlig verschiedene Dinge! Der Begriff Migration scheint besonders beliebt bei linken Medien zu sein. In der Vergangenheit wurden z.B. Grenzgänger und Zigeuner als Migranten angesehen. Oder wie definiert man Migration unumstritten?

"... Neben dem politisch gewünschten Rückgang der Geflüchteten und der ungewollten Rückwanderung in die neuen EU-Mitgliedsländer deutet sich eine dritte Entwicklung an: Immer mehr Deutsche verlassen das Land. 2025 waren es fast 100.000. „Damit ist zwar noch kein kritisches Niveau erreicht. Jedoch ist der Anstieg um etwa 30 Prozent seit 2023 ein deutliches Warnsignal“ ..."

 

Die Migrations-Erzählung wackelt: Die Fleißigen fliehen aus Deutschland | NIUS "Jahrelang versprachen Politik und Wirtschaft die Zuwanderung von Fachkräften, die den Arbeitsmarkt stabilisieren, die Sozialsysteme entlasten und den demografischen Wandel ausgleichen würden. Eine neue Studie des Instituts der deutschen Wirtschaft (IW) zeigt jetzt: Genau die Migranten, die wirklich gearbeitet haben, bleiben weg. Und die Deutschen, die noch was können, packen die Koffer."

Migration: Arbeitskräfte aus den neuen EU-Ländern kehren zurück

Major Corporations Resume Hiring as AI Limitations Become Apparent

Oh, I can believe that instantly, given how often inaccurate or outdated or unreliable information is provided by AI.

AI output often seems very convincing, but requires e.g. serious double checking.

AI needs a lot more training not only more curated data!

Major Corporations Resume Hiring as AI Limitations Become Apparent "America’s largest companies are reversing course on hiring freezes, announcing plans to expand their workforces after months of restraint driven by AI adoption expectations."

Evolving Markets Drove the Remote Work Revolution in the US

Recommendable! Good news!

"Back in 2020 ... “The dramatic rise in telework amid the pandemic is a radical experiment, but its effects will be long-lasting.” ... Rates of full-time, in-office work plummeted during the pandemic, and while many employers have since shifted from fully remote work to hybrid work schedules, hybrid work levels have remained stable since 2022.

In 2025, 78% of full-time remote-capable U.S. employees are either hybrid or fully remote, with hybrid as the most common arrangement. ...

The most common arrangement sees workers commute two days a week and work remotely the other three. Most workers appreciate the flexibility, with a mere 6% of remote-capable workers saying they prefer to work on-site full-time.

An analysis from the Bureau of Labor Statistics found that across industries, the rise in remote work and total factor productivity growth may be positively correlated, and many employees report higher productivity at home. Some research also suggests that hybrid and fully remote work may have positive effects on individual employee productivity, satisfaction, and physical health, as well as employee retention. ..."

Evolving Markets Drove the Remote Work Revolution "Free choices—not mandates—have made flexible work a lasting reality."