UK jobs market weakens as economy faces tariff hit
- Dr. Tan highlighted how companies may downsize mature workers due to the slowing Singapore economy and U.S. Tariffs on goods, emphasizing the vulnerability of this group.
- A National Trades Union Congress poll revealed that 60% of union leaders believe U.S. Tariffs will affect Singapore, yet 70% haven't heard from companies on their responses.
- Dr. Tan stated that the Singapore Economic Resilience Taskforce was established to aid businesses affected by U.S. Tariffs on Singapore goods.
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The latest jobs figures are out – and it’s bad news for the chancellor
The number of vacancies has fallen below pre-pandemic levels for the first time since 2021. This, combined with the incoming employer NICs hike, will all but destroy the ‘working people’ Labour claims it seeks to protect, writes James Moore
·London, United Kingdom
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Total News Sources11
Leaning Left1Leaning Right2Center2Last UpdatedBias Distribution40% Center, 40% Right
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
40% Right
L 20%
C 40%
R 40%
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