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Recent Editions
Human Times
North America
Cleveland-Cliffs chief executive Lourenco Goncalves has criticized Canada's threat of legal action over potential job losses at its Stelco steel operations in Ontario, warning that government intervention could discourage foreign investment. Following the company's decision to suspend certain production activities in Hamilton, up to 500 workers could be affected, although fewer layoffs have reportedly occurred. Canadian Industry Minister Mélanie Joly is considering legal measures to enforce employment commitments made when Cleveland-Cliffs acquired Stelco in 2024, including financial penalties or compulsory divestment. Goncalves argues that U.S. tariffs, trade disruptions and rising imports have made operations financially unsustainable, with the company supporting loss-making production for nearly two years. Describing the government's approach as "bullying and harassment", he warned that forcing asset sales could undermine Canada's attractiveness to international investors.
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Human Times
UK
Prime Minister Andy Burnham has warned that the UK is facing "economic catastrophe and moral failure" at a time when almost one million 16 to 24-year-olds are not in education, employment or training (Neets). Writing in The Times, Burnham advocates for welfare reform that invests in youth success rather than perpetuating reliance on benefits. He says that the present scheme provides "an assessment, a payment and, after that, a goodbye," with no support, skills or help getting employment. Burnham says his government aims to offer a "clear guarantee" of support, starting in schools, to address the issue of Neets. "We face a choice. We either invest in the success of our young people or pay for failure through the benefits system. We cannot afford to do both. I choose the first," he said.
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Human Times
Europe
Workers at the former Ilva steel plant in Taranto, southern Italy, have suspended five days of strikes and roadblocks that disrupted fuel deliveries across the Puglia region after the government agreed to hold fresh talks on the future of the facility. "We are looking forward to the meeting with the government on October 27. The suspension of the strike is only temporary because there are still no solutions, but we want to negotiate," said FION trade union representative Giovanni Lippolis. The workers' actions are aimed at a government plan that it is said would leave thousands reliant on furlough schemes instead of providing a long-term industrial solution, Reuters reports.
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Human Times
Middle East
Mnzil, The Development Group and Capital Partners have launched a SAR1bn fund to develop purpose-built workforce compounds accommodating up to 50,000 workers across Saudi Arabia. Mnzil will operate the portfolio, TDG will oversee site selection, design and development, and Capital Partners will manage the fund. Development is expected to begin in Q4 2026 across major employment centres including Riyadh, Jeddah, Dammam, Khobar, Makkah and Madinah. Compounds will include furnished rooms, recreational facilities, communal areas and on-site services, with locations chosen to reduce commuting. Mnzil chief executive Majeed Albabtain said, “Improving workers' lives is a collective effort.” The partners see the model as supporting Vision 2030 while establishing workforce housing as a scalable institutional real estate asset class backed by employer demand and long-term leases.
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