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Recent Editions
Human Times
North America
The unemployment rate for U.S. IT workers decreased slightly to 2.8% in April from 3% in March, reflecting targeted hiring by companies to bolster their artificial intelligence initiatives. According to CompTIA, technology firms like Microsoft and Salesforce hired approximately 4,280 workers in April, primarily in technology services and software development roles, as well as in cloud infrastructure and data processing. This hiring trend is partly in preparation for future growth, particularly in areas that support generative AI technologies. Despite this, the broader U.S. job market saw a slowdown, with only 175,000 jobs added in April compared to over 300,000 in March, and the overall unemployment rate increased slightly to 3.9%. Tech companies are also contemplating AI as a cost-effective alternative to hiring, which could impact entry-level IT roles traditionally filled by humans.
Full IssueHuman Times
UK
P&O Ferries CEO Peter Hebblethwaite accepted a six-figure bonus in 2023 just over a year after the company sacked hundreds of UK-based crew and replaced them with foreign agency workers, MPs heard on Tuesday. Hebblethwaite previously appeared in front of a joint transport and business committee in March 2022, at which time he said the lowest-paid agency worker would receive £5.15 an hour. However, an investigation by ITV News and the Guardian this March revealed some P&O seafarers were receiving an hourly rate as low as £4.87. The UK minimum wage is £11.44 an hour – but the rates do not apply to maritime workers employed by an overseas agency who work on foreign-registered ships in international waters. During his appearance in parliament, Hebblethwaite was asked by Liam Byrne MP: “Are you basically a modern-day pirate?...You seem to be robbing your staff blind.” Regarding his remuneration, Hebblethwaite said he earned a £325,000 basic salary and received an £183,000 bonus in April 2023. “I reflected on accepting that payment. But ultimately I did decide to accept it,” he said. “I do recognise it is not a decision that everybody would have made.”
Full IssueHuman Times
Europe
Wage talks between Norwegian oil firms and three labour unions have ended in a deal, averting the risk of strike action. Unions Lederne, Safe, and IE&FLT reached an agreement with companies, covering 7,300 workers at more than a dozen oil companies and suppliers. The wage agreements include Equinor, ConocoPhillips, Aker BP, and Vaar Energi. Norway, Europe's largest gas supplier, produces around 4 million barrels of oil equivalent per day. The deal ensures a stable supply in the industry. "The wage talks have successfully concluded, ensuring the stability of the oil sector," said an industry official.
Full IssueHuman Times
Middle East
The Oversight and Anti-Corruption Authority (Nazaha) in Saudi Arabia has launched several criminal cases against individuals exploiting public office for personal gain or harming public interest. The cases include bank employees arrested for receiving money in exchange for depositing cash into commercial entities' bank accounts, an employee colluding to provide a false medical report for insurance compensation, and a resident sub-awarding government contracts without proper classification. The Authority, in collaboration with various government departments, has arrested individuals involved in bribery, fraud, and other corrupt practices. The Authority emphasizes its commitment to combat corruption and hold individuals accountable, with no statute of limitations for such crimes.
Full Issue