This edition begins with a global analysis of labour market trends, primarily from a social standpoint, drawing insights from the latest International Labour Organization report on current employment developments and emerging challenges in the labour market. The results from the extensive analysis underscore the imperative for targeted political interventions aimed at promoting social justice. These interventions are crucial for fostering a fair and sustainable global economic recovery to address specific imbalances in the labour market.
At the European level, the focus is on two EU directives. Firstly, the corporate sustainability due diligence directive, where an agreement has been reached between the European Council and the European Parliament. Secondly, the directive on platform workers has faced setbacks from certain member states, prompting a review of specific aspects, particularly the presumption of subordination mechanism. Both directives underscore the heightened emphasis at the European level on ensuring fundamental rights at work and providing adequate social protection.
This edition also highlights significant legislative and regulatory changes. In the United States, a new final rule has altered the criteria for determining the status of a worker or independent contractor. Meanwhile, in New Zealand, a law has revoked the contentious Fair Pay Agreement Legislation, reinstating a prominent role for social partners in regulating employment relationships.
Additionally, we delve into the perspectives of employers in Singapore, as examined by the National Employers Federation of Singapore. The focus is on their considerations regarding the adoption of a four-day working week—a choice that has garnered attention globally, with varied opinions among the public.
For a comprehensive overview of these developments and more on international and national news, we invite you to explore our newsletter and stay informed about the most critical trends shaping the global labour market.