The government has decided to extend its furlough scheme until December 2021, notwithstanding the reservations by a number of politicians at the potential bill of €30 million. The job support scheme assists workers whose income has been adversely affected by the coronavirus pandemic and subsequent lockdown.
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[close]Public servants are unwilling to retire early. Out of 4,088 eligible candidates of a proposed scheme only 450 are actually leaving the last day of the month. This is puzzling since those leaving early will be also spared a 12% deduction on pension benefits that normally applies for services rendered since January 2013.
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[close]According to data from Statistics Estonia, , the average monthly gross wage and salary was € 1,433 in the second quarter of 2020, which is 1% higher than in 2019,. The year-on-year growth has not been as modest for ten years.
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[close]Workers from private health services group SUCH were on strike to demand wage increases, reduced working hours and payment of risk allowance, among other demands. According to the Federation of agriculture, food, drinks, hotel and tourism unions (FESAHT), of the CGTP, which called the two-day strike, the SUCH administration refuses to negotiate wage increases and other union proposals, with the overwhelming majority of workers receiving the minimum wage.
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[close]In Lithuanian schools, there are around 700 vacancies for teachers, although the proportion of teachers looking for work has increased by 40% in 2020. According to a specialist at the Lithuanian Employment Services the lack of teachers in Lithuania is due to part-time contracts and the need to commute between different schools.
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[close]Economists are worried about the economic prospects going into the winter, and hopes of a swift recovery will not have been helped by grim readings from retail employers. Retailers cut jobs during the year to August at the fastest rate since 2009, with an even sharper decline anticipated for the figures to September, according to a survey of the industry.
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[close]The representatives of the Union of Media, Culture and Arts ‘Independence’ protested against the announced dismissal of workers from the Vojvodina’s public broadcaster, Radio and Television of Vojvodina (RTV).The Union informed reporters that 200 RTV employees would lose their job by the end of August, in addition to 56 who had already left in July.
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[close]The European Commission has presented a proposal to the Council for a decision to grant € 5.9 billion in financial support to Portugal under the SURE instrument (Support to mitigate Unemployment Risks in an Emergency). The loans will assist Portugal in addressing sudden increases in public expenditure to preserve employment. Specifically, they will help to cover the costs related to its short-time work scheme.
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[close]IG Metall, with 2.3 million members in the metal working and electrical sectors, proposes negotiating for a four-day week to secure jobs against the economic consequences from the coronavirus crisis and structural shifts in the automobile industry.
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[close]Credit Suisse seeks to generate huge annual savings through expanded digitization and diminished face-to-face contact between the bank and its customers. The policy of closing local branches may result in the cutting of 500 jobs. The trade union of bank employees urges the bank to avoid dismissals at least until the end of 2020 and criticised it for announcing restructuring during great economic uncertainty and despite solid financial results.
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