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Expatriate Workers – The 50 Most Expensive Cities Worldwide

Expatriate Workers – The 50 Most Expensive Cities Worldwide

Caracas, Venezuela, is simultaneously the world’s most expensive and the cheapest city for expatriate workers – depending on the exchange rate you use, according to the latest Cost of Living survey by ECA International. ECA International is a leading provider of knowledge, information and technology for the management and assignment of employees around the world. […]

50 Most Expensive Cities Worldwide For International Workers

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50 Most Expensive Cities Worldwide For International Workers

COST OF LIVING: Top 50 most expensive cities worldwide for workers assigned to international jobs. MOST EXPENSIVE CITIES GLOBAL AND REGIONAL RANKINGS Country Location  Rank 2014 Rank 2013 Venezuela Caracas 1 1 Angola Luanda 2 2 Norway Oslo 3 3 Norway Stavanger 4 5 Switzerland Zurich 5 6 Switzerland Geneva 6 7 Switzerland Bern 7 […]

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Widespread Labor Shortages Ahead for the U.S.

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Widespread Labor Shortages Ahead for the U.S.

For Now, Jobs Remain Scarce — But an Aging Population and the Recession’s Aftermath Are Poised to Create Widespread Labor Shortages and an Historic “Seller’s Market” for Skilled Workers American workers have endured six years of depleted wealth, stagnant wages, and general insecurity. But their fortunes are about to change, according to a surprising new […]

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Stable Jobs For Workers With Intellectual Disabilities A Global Challenge

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Stable Jobs For Workers With Intellectual Disabilities A Global Challenge

  There are almost 200 million persons with intellectual disabilities in the world. For many of them, finding a stable job represents a major challenge. In Li’s case, a little help has made a big difference.   Li Chao ILO News– Li Chao is making marmite at the Wan Feng restaurant in Beijing’s Fengtai district. […]

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How Much Unemployment Was Caused By Two Economists’ Mistaken Math?

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How Much Unemployment Was Caused By Two Economists’ Mistaken Math?

By DEAN BAKER— How much unemployment was caused by Carmen Reinhart’s and Ken Rogoff’s arithmetic mistake? That’s the question millions will be asking when they see the new paper by my friends at the University of Massachusetts, Thomas Herndon, Michael Ash, and Robert Pollin. Herndon, Ash, and Pollin (HAP) corrected the spreadsheets of Carmen Reinhart and Ken […]

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Global Pay Trends: Are Wages Converging World Wide?

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Global Pay Trends: Are Wages Converging World Wide?

By Philippe Egger, Director, ILO Bureau of Programming and Management– Unlike several other disciplines, economics is far from being an exact science. It is often hard to find clear answers about basic economic facts and trends. Take wages, for instance. Half of all employed people rely on wages for a living. These wages tend to reflect […]

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ILO: Arab Nations Must Seize Opportunity For Employment Reform

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ILO: Arab Nations Must Seize Opportunity For Employment Reform

Guy Ryder, ILO Director-General ILO News– ILO Director-General, Guy Ryder, has called for policy reforms in the Arab region to strengthen social dialogue, tackle soaring youth unemployment, promote social protection and foster the rights of workers and employers to freely organize themselves. “What is needed is a comprehensive vision for sustainable economic and social development” […]

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Global Trade Has Lowered Wages US Workers Without College Degrees

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Global Trade Has Lowered Wages US Workers Without College Degrees

Global trade has lowered wages for non-college educated American workers while increasing the wage premium earned by college-educated workers, according to new research from the Economic Policy Institute While the impact of global trade on the American economy is a frequent topic in Washington, much of the debate centers on the macroeconomic effects of the trade deficit on […]

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Explaining Africa’s (Dis)advantage

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Explaining Africa’s (Dis)advantage

Explaining Africa’s (Dis)advantage Africa’s economic performance has been widely viewed with pessimism. In this paper, firm-level data for around 80 countries are used to examine formal firm performance. Without controls, manufacturing African firms perform significantly worse than firms in other regions. They have lower productivity levels and growth rates, export less, and have …read more

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Corporate Sustainability Programs Held Steady, SHRM Survey

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Corporate Sustainability Programs Held Steady, SHRM Survey

A new survey from Society for Human Resource Management (SHRM) shows that increased employee morale, a better public image, and efficiency top the reasons why organizations should consider a corporate sustainability program. The survey shows that 53% of organizations said their sustainability initiatives improved employee morale. Slightly more than half—51%—said sustainability programs created a stronger public […]

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