Daily Archive: December 27, 2017

Dec
27

Chinese exporters say profits holding up despite slower volumes 

FTCR China Export Index falls and outlook gauge turns negative 

Dec
27

UK economy boosted by wage growth and rising output, two surveys say

Adzuna study reports modest rise in average salary for job vacancies while CBI survey shows growth in economic output

The British economy has received a double boost from reports showing signs of modest wage growth and accelerating output from businesses.

According to a study by the jobs search engine Adzuna, the average salary for vacancies advertised online in November was 1.2% higher than the same month a year before – the first annual increase recorded by the website since June 2015. Meanwhile, a survey by the business group the CBI found firms reporting a rise in economic output.

Related: World’s richest 500 see their wealth increase by $1tn this year

Related: UK’s Christmas workers earning less than 10 years ago, study shows

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Dec
27

UK’s poorest to fare worst in age of automation, thinktank warns

Machines threaten jobs generating £290bn in wages and could widen inequality gap, according to IPPR

The rise of the machine economy risks social disruption by widening the gap between rich and poor in Britain, as automation threatens jobs generating £290bn in wages.

Jobs accounting for a third of annual pay in the UK risk being automated, according to the study by the IPPR thinktank. Warning that low-paid roles are in the greatest danger, it urged ministers to head off the prospect of rising inequality by helping people retrain and share in the benefits from advances in technology.

Related: Meet your new cobot: is a machine coming for your job?

Related: Robots can set us free and reverse decline, says Labour’s Tom Watson

Related: The machine age is upon us. We must not let it grind society to pieces | Chuka Umunna

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Dec
27

Dollar General To Create 400 New Jobs In Texas As It Expands In Rural America

Dollar General To Create 400 New Jobs In Texas As It Expands In Rural AmericaDollar General, a favorite spot for household staples across the country, is expanding even further.


Dec
27

No US pressure behind Guatemala embassy move to Jerusalem: FM

No US pressure behind Guatemala embassy move to Jerusalem: FMThe United States did not pressure Guatemala into announcing it will move its embassy in Israel to Jerusalem, the Central American state’s foreign minister said Wednesday. There wasn’t any overture from the United States to make this happen. This was a decision by the government, the state and the foreign policy of Guatemala,” the minister, Sandra Jovel, told a news conference in Guatemala City.


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