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Japan companies less confident about business conditions - Reuters Tankan
Japan companies less confident about business conditions - Reuters Tankan
By Tetsushi Kajimoto TOKYO Confidence at big Japanese manufacturers fell in July for the first time in six
2023-07-19 07:20
Florida seeing spike in child labour as Republican states across the country push to remove barriers
Florida seeing spike in child labour as Republican states across the country push to remove barriers
A number of Republican-led states spent their most recent legislative sessions relaxing child labour laws — while one state is already experiencing a rise in child labour cases. A report from WFTV in Orlando published Wednesday suggests that central Florida is already seeing a spike in child labour cases that dates back to the onset of the Covid-19 pandemic. The nature of the cases reportedly range in scope and seriousness from having children working too many hours on school days to operating heavy machinery and beyond. “From [fiscal years] 2020 until 2022, we have seen more child labor that we had seen from 2011 to 2020,” Department of Labor District Director Wildalí De Jesús told WFTV. The Covid pandemic began in 2020 and upended the labour market — causing the service economy to contract and then leaving a number of employers without adequate staff when lockdown measures were relaxed and consumption habits returned to pre-pandemic levels. Still, the data shows an alarming trend in the illegal exploitation of minors in the workforce at a time when states across the country are working to roll back child labour laws that are a longstanding legacy of the children’s rights and labour movements. Already this year, numerous GOP-led states including Missouri, Ohio, Arkansas, and Iowa have passed laws weakening child labour laws — allowing companies to hire children without work permits and making it legal for them to working longer hours in more dangerous conditions. The push to weaken child labour laws has reportedly been led by a Florida-based think tank, the Foundation for Government Accountability, which drafted the model legislation for states to use to roll back their child labour protections. The data from Florida is not entirely clear on several points, including how many of the children in question are undocumented immigrants. In her comments to WFTV, Ms De Jesús said parents are not always in a position to know the exact details of the work their children are doing and how it aligns with child labour law. “We’re seeing a trend of much younger children… because sometimes the children don’t know what they’re supposed to do or not supposed to do,” Ms De Jesús told the television station. “A lot of times parents don’t know either. They may assume that it’s safe or that [the child is] working the correct hours and that there’s no limitations, but there are.” Earlier this year, the Department of Labor reported a 68 per cent increase in the number of children illegally employed by US companies since 2018. A number of those children may be undocumented migrants. Read More Wisconsin teen dies in sawmill accident in one of 14 states looking to roll back child labour laws
2023-07-14 07:24
One in Three Britons to Cut Christmas Spending, PwC Says
One in Three Britons to Cut Christmas Spending, PwC Says
Almost a third of British consumers are planning to reduce spending on Christmas this year as the burden
2023-10-16 16:57
Hyundai Motor's South Korea union approves wage deal - union official
Hyundai Motor's South Korea union approves wage deal - union official
By Heekyong Yang SEOUL (Reuters) -Hyundai Motor Co and a union representing its South Korean workforce on Monday sealed a
2023-09-18 23:49
Analysis-Exxon Mobil's megadeal to test climate-aware shareholders
Analysis-Exxon Mobil's megadeal to test climate-aware shareholders
By Svea Herbst-Bayliss, Tommy Wilkes and Simon Jessop BOSTON Exxon Mobil's $60 billion bid for Pioneer Natural Resources
2023-10-07 06:19
Mystery Bet Before SEC Crypto Crackdown May Mint Trader Millions
Mystery Bet Before SEC Crypto Crackdown May Mint Trader Millions
Less than a half hour before US regulators cracked down on a key crypto exchange, an options trader
2023-06-08 04:17
Musk launches xAI to rival OpenAI, Google
Musk launches xAI to rival OpenAI, Google
Elon Musk on Wednesday launched his own artificial intelligence company, xAI, as he seeks to compete with OpenAI, the creator of ChatGPT -- a program he accuses of...
2023-07-13 03:59
Markets juggle 5% yields and 150 yen
Markets juggle 5% yields and 150 yen
A look at the day ahead in U.S. and global markets from Mike Dolan Partly unwinding pre-weekend safety hedges related
2023-10-23 18:16
Explainer-After surprise tweak, what now for BOJ's yield curve control?
Explainer-After surprise tweak, what now for BOJ's yield curve control?
By Leika Kihara TOKYO The Bank of Japan (BOJ) has tweaked its bond yield control policy and will
2023-07-31 12:51
Fed Latest: Barr Issues Warning on Hedge Funds’ Basis Trades
Fed Latest: Barr Issues Warning on Hedge Funds’ Basis Trades
The Federal Reserve’s top banking regulator on Thursday joined a chorus of US officials expressing concern about highly
2023-11-17 00:17
Oil Slips Below $80 as Fed Rate Worries Cloud Market Outlook
Oil Slips Below $80 as Fed Rate Worries Cloud Market Outlook
Oil fell below $80 a barrel for the first time in more than two months as fresh doubts
2023-11-07 22:20
Sicily Airport Chaos Hits Heat-Strained Travelers
Sicily Airport Chaos Hits Heat-Strained Travelers
Catania Airport in Sicily is struggling to restore services after a fire last week, adding to woes for
2023-07-23 19:51