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Recent Editions
Human Times
North America
Companies’ growing use of non-compete clauses is harming productivity in rich economies, according to OECD research that found about a third of private sector employees restricted from joining a rival, limiting their outside options, and thereby weakening their bargaining power and reducing wage growth. The OECD said stronger rules alone may not stop the misuse of non-compete clauses, as unclear or overly broad terms are still common. Governments can improve transparency, simplify regulations and increase enforcement, including sanctions for clauses that are too broad, the OECD said.
Full Issue
Human Times
UK
Workers in London are most at risk of job losses due to AI, according to a new report from the Organisation for Economic Co-operation and Development (OECD). The study reveals that three-quarters of jobs in the capital are "highly exposed" to AI, meaning that more than half of the daily tasks involved can be performed by the technology. The report also found the UK is lagging behind the EU, US, Canada and Australia in growth of AI hiring, while vacancies in AI-exposed occupations have fallen since the pandemic. Although AI's impact on young workers currently appears limited, the OECD said graduates face growing pressure from automation and offshoring. The Mayor of London, Sadiq Khan, said: "AI presents real opportunities - from driving economic growth to improving public services - but also brings with it new challenges, including the potential impact on London's labour market." He warned earlier this year that AI could become a "weapon of mass destruction of jobs" if not properly controlled or used for "positive transformation."
Full Issue
Human Times
Europe
Companies’ growing use of non-compete clauses is harming productivity in rich economies, according to OECD research that found about a third of private sector employees restricted from joining a rival, limiting their outside options, and thereby weakening their bargaining power and reducing wage growth. The OECD said stronger rules alone may not stop the misuse of non-compete clauses, as unclear or overly broad terms are still common. Governments can improve transparency, simplify regulations and increase enforcement, including sanctions for clauses that are too broad, the OECD said.
Full Issue
Human Times
Middle East
Companies’ growing use of non-compete clauses is harming productivity in rich economies, according to OECD research that found about a third of private sector employees restricted from joining a rival, limiting their outside options, and thereby weakening their bargaining power and reducing wage growth. The OECD said stronger rules alone may not stop the misuse of non-compete clauses, as unclear or overly broad terms are still common. Governments can improve transparency, simplify regulations and increase enforcement, including sanctions for clauses that are too broad, the OECD said.
Full Issue