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Transcripts For BBCNEWS Business Today 20241004

Were offered in healthcare but perhaps, biggest issue of all was automation. When i was at the picket line earlier this week at the port of newark, one of the busiest on the east coast, there were lots of signs. People say automation doesn t feed families. There was a lot of anger and concern that essentially that advanced technology would replace them and theirjobs. And that is what they saw this fight primarily being about. So the question is, will they be any progress between now and january 15? i have reached out to the union but haven t heard back as to kind of whether there has been any movement on this key issue. The strike carried out for two three days, is there any way of knowing how much damage that caused? at this point, some of the damage would be things l ....

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Transcripts For BBCNEWS Talking Business 20240707



tell me why they deserve to get it. and alarm bells over rising inflation. the boss of the world s biggest employment agency, there he is, can make a profit and find the workers they need. and that missing worker mystery has said the airline history the most. willie walsh the big boss of iata tells me my government need to have more impact on the global economy. governments. wherever are joining wherever arejoining me from around the world, a warm welcome to the show. in every corner of the planet, prices are rising and it is hitting everything, from basic foodstuffs, rents and cars. there are two big causes. first of all, the disruption caused by the coronavirus pandemic and secondly, the devastating or in ukraine. one major difficulty for many companies from that pandemic is a shortage of labour. with many workers seeking higher wages, labour. with many workers seeking higherwages, has labour. with many workers seeking higher wages, has that never been a better cha ....

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Transcripts for BBCNEWS Talking Business 20240604 00:51:00

But given the global labour shortage, is it difficult to recruit given that many and especially younger generations, they have got a lot of weight on the side to negotiate higher salaries, better conditions, and they are opting to choose other industries who simply pay more. ~ , other industries who simply pay more. ~ , ., more. think it is more complicated more. think it is more complicated than - more. think it is more| complicated than that. more. think it is more - complicated than that. one of the things people have been come accustomed to over the past two years is great applicability in terms of how they work. unfortunately, that is not something that airlines can easily offer. pilots have to present, cabin crew have to present, bags have to be loaded by somebody who was there. so the option to work remotely does not really exist. but i think what people have enjoyed the flexibility and the use of that flexibility, they continue to look forjob opportunities to look for job op ....

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Transcripts for BBCNEWS Talking Business 20240604 00:46:00

Unless jobs. typically leads to recessions unlessjobs. do workers have typically leads to recessions unless jobs. do workers have to be carefuljust how much they ask for? abs, be careful “ust how much they ask for? .., , be careful “ust how much they ask for? ~ , , ., , ask for? a couple of things, the inflation ask for? a couple of things, the inflation also ask for? a couple of things, the inflation also leads - ask for? a couple of things, the inflation also leads to i the inflation also leads to more people coming back to the labour market, some people will look at their portfolio and say, well, maybe a need to do some work for a couple of years. so that helps on the easing side. in that increasing interest rates, of course, help on reducing demand and easing the labour market along those lines. i think what you will see is that workers already are starting to go to more safe opportunities for more reputable companies, maybe not that start up. they are looking for a bit ....

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