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Japan’s December inflation-adjusted real wages rose 0.6% year-on-year thanks to a wintertime bonus bump, preliminary government data showed on Wednesday, with government officials expressing optimism that wage hike momentum ahead is growing. Prime Minister Shigeru Ishiba sees strong wage growth as key to supporting a fragile economic recovery, while the Bank of Japan has said sustained, broad-based wage hikes are a prerequisite for pushing up borrowing costs.
For those working in the federal government, the first two weeks of President Donald Trumps second term have been something of a whirlwind. Between the executive orders and memos from the U.S. Office of Personnel Management (OPM) , federal employees are facing a lot of unknowns. Theyve been offered deferred resignation , been told to return to in-person work and have been navigating confusion around hiring and funds.
Nearly 40 million Americans quit their jobs in 2024, marking a significant slowdown in turnover. According to Labor Department data, the number of quits dropped 11% compared to 2023 and plummeted 22% from a peak in 2022. This represents the slowest rate of job departures since 2020, according to The Wall Street Journal. While the U.S. job market remains strong, hiring activity has slowed down.
I recently received a LinkedIn message from someone who knew me during my high school years congratulating me on my personal and professional achievements. However, their surprise was evident: Wow, when did this ambitious side of you kick in? Who would have thought? My reaction was a mix of pride and offense. Reflecting on those years, its hard not to see my past self through the lens of who I am todayinfluenced by years of experience, development and learned lessons.
Forgetfulness is costing you time, money, and a ton of missed opportunities. In the age of automation, it’s easy to underestimate the power of a well-trained human mind. But memory isn’t just a parlor trick, it's a strategic edge. Human memory is one of the most underrated business skills. Whether you’re managing people, leading sessions, or having high-stakes conversations, remembering names, details, and concepts can be transformative in building trust, absorbing knowledge, and driving perform
Workday said on Wednesday it will cut around 1,750 jobs, or 8.5% of its current workforce, as the human capital management firm invests heavily in artificial intelligence to counter a softer macroeconomic environment. Shares of the California-based company jumped over 4% in premarket trading. Workday CEO Carl Eschenbach said the layoffs are necessary to prioritize investments such as artificial intelligence, while also freeing up resources to expand the company’s presence in different coun
Ideas shape our livessometimes without us even realizing it. In this episode, I sit down with Nathan J. Murphy , founder of Prepolitica and author of The Ideas That Rule Us , to explore how the ideas we inherit, adopt, and hold onto influence our decisions, beliefs, and behaviors. Nathan brings a deep, research-driven approach to understanding the power of ideas, questioning why we cling to certain concepts while rejecting others.
Employers will be banned from using artificial intelligence to track their staff’s emotions and websites will not be allowed to use it to trick users into spending money under EU AI guidelines announced on Tuesday. The guidelines from the European Commission come as companies grapple with the complexity and cost of complying with the world’s first legislation on the use of the technology.
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Employers will be banned from using artificial intelligence to track their staff’s emotions and websites will not be allowed to use it to trick users into spending money under EU AI guidelines announced on Tuesday. The guidelines from the European Commission come as companies grapple with the complexity and cost of complying with the world’s first legislation on the use of the technology.
What separates struggling artists from successful ones? Looking to creative geniuses like Mozart, Edison and Monet, video creator Jon Youshaei explains why aiming to be prolific — despite flops and failures along the way — is the key to unlocking your creative success. Want to help shape TED’s shows going forward? Fill out our survey ! Become a TED Member today at [link] Hosted on Acast.
Google aims to release commercial quantum computing applications within five years, Google’s head of quantum told Reuters on Wednesday, in a challenge to Nvidia’s predictions of a 20-year wait. “Were optimistic that within five years well see real-world applications that are possible only on quantum computers,” founder and lead of Google Quantum AI Hartmut Neven said in a statement.
U.S. private payrolls growth picked up in January, the ADP National Employment Report showed on Wednesday. Private payrolls increased by 183,000 jobs last month after an upwardly revised 176,000 rise in December. Economists polled by Reuters had forecast private employment advancing by 150,000 following a previously reported 122,000 gain in December.
The Central Intelligence Agency offered buyouts to its entire workforce Tuesday, citing an aim to bring the agency in line with U.S. President Donald Trump’s priorities, according to two sources familiar with the matter. A CIA spokesperson said in a statement the moves were meant to align the agency with the goals of new CIA Director John Ratcliffe. “Director Ratcliffe is moving swiftly to ensure the CIA workforce is responsive to the Administration’s national security prioriti
In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.
Unions representing U.S. government employees filed a lawsuit on Tuesday to block the Trump administration’s plan to offer buyouts to federal workers, even as a U.S. official told Reuters that more than 20,000 employees are planning on quitting. The American Federation of Government Employees and two other unions claim the buyout offer is “arbitrary and capricious” and violates federal law, according to the complaint.
Over 20,000 U.S. federal employees, roughly 1% of the government workforce, have signed up for an offer to quit their jobs, a source said on Tuesday, in return for continuing to receive their salaries through the end of September. Late last month, the Trump administration offered financial incentives to 2 million civilian full-time federal workers to quit as part of plans to drastically shrink the size of the government.
Trump’s policy to require federal employees to return to the office full-time could lead to a mass exodus of senior and skilled workers, risking the loss of institutional knowledge and efficiency. Biden’s less strict hybrid RTO policy caused a 26% rise in senior employee turnover, with skilled workers leaving at a 32% higher rate due to inflexible office requirements.
Coworking spaces this year will focus on flexible, well-designed environments that support productivity and well-being, including biophilic elements like green walls and natural light. Coworking spaces will rely on smart tech like IoT devices and VR/AR to make operations smoother and improve member experience with features like app-based access and virtual tours.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
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