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Transcripts for BBCNEWS World Business Report 20240604 05:35:00

deliveries to their homes, etc, head of thanksgiving, head of christmas stop as you say, it is interesting timing from that perspective. but these ceos are making it clear they are having to make tough choices, given what is ahead, i.e. the economic outlook for the next 12 and 2a month. economic outlook for the next 12 and 24 month. economic outlook for the next 12 and 24 month. yes. they are havin: 12 and 24 month. yes. they are having to 12 and 24 month. yes. they are having to prepare 12 and 24 month. yes. they are having to prepare on 12 and 24 month. yes. they are having to prepare on that - 12 and 24 month. yes. they are having to prepare on that front | having to prepare on that front and it is a reflection that with basically everyone is going to have to readjust a lot of the economic models in the demand picture is probably not the same one as beforehand and that s the biggest struggle that s the biggest struggle that they have. to a certain extent they may have been la

Brendan O Connor says Labor will prioritise investing in Australian workers over increasing intake of skilled migrants

Labor’s Skills and Training Minister Brendan O’Connor has announced the government will focus on investing in Australian workers instead of increasing skilled migration to address shortages.

Transcripts for BBCNEWS World Business Report 20240604 04:46:00

long term sick leave with long covid or maybe they are caring for people who are unwell, they are unlikely to come back and thatis are unlikely to come back and that is a big variable that we don t really fully understand yet. don t really fully understand et. ~ ., don t really fully understand et. . . ., ., yet. what can the government do in the meantime yet. what can the government do in the meantime to yet. what can the government do in the meantime to try yet. what can the government do in the meantime to try to - yet. what can the government do in the meantime to try to help i in the meantime to try to help certain aspects of the labour market? for example, the airline industry, we had the cbi earlier this week saying more needs to be done to support businesses if we are going to prevent a recession in the uk, your thoughts? this where we have skill shortages we need to reform the school system making sure there is the right training approach, the current training with the a

Transcripts for BBCNEWS BBC News 20240604 08:19:00

dependence with them. their family can come, in other words. if you look at this, it is aimed at boosting as you suggest some of the skill shortages which exist in certain sectors of the uk economy and allowing companies and organisations which want to recruit graduates from top universities around the world to be able to do that here in the uk rather than having to go abroad and do it that way. if you like. and there is a significant shortage in certain areas of the economy, universities uk recently pointed out were 1 million morejobs in certain high school sectors than there were people eligible to fill those roles. so the government acting here as it has said in announcing the expansion or the uptake of the scheme today, attempting to mean that the uk can attract the best and brightest from

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