Lufthansa cancels flights Monday due to strike

German flag carrier Lufthansa said that most of its domestic, European and long-haul flights would be canceled on Monday due to strike action by ground personnel and cabin crews.

German flag carrier Lufthansa said that most of its domestic, European and long-haul flights would be canceled on Monday due to strike action by ground personnel and cabin crews.
Large companies that operate retail establishments and restaurants in Metro Manila rode through the stronger-than-expected economic growth last year while understaffed, accounting for about one-fourth of job vacancies last year.
The Philippines is lagging behind most of the other founding members of the Association of Southeast Asian Nations in many economic and development indicators and, without sufficient improvement, it may be overtaken by the newer, less developed neighbors.

The Court of Appeals has upheld Malacañang in its decision to allow Philippine Airlines to axe 2,600 employees in 2010, saying this was a valid management move to revive the money-losing airline.
The country’s unemployment rate in January stood at 7.1 percent, improving just a little from the 7.2 percent registered in the same month last year, the National Statistics Office (NSO) on Friday reported.

The cash transfer company i-Remit Inc. has expanded its local remittance business by signing a partnership with pawnshop operator Eight Under Par Inc., more commonly known as Palawan Pawnshop.
Women outnumber men in the business process outsourcing (BPO) sector, but men corner the higher-paying jobs, according to the National Statistics Office.

A Group of prominent economists led by globalization expert John Paul C. Tanchanco report that the Philippines has the core competence to continue to be the strongest economy in Asia amidst European, US recession and slowdown of China.

PARIS—France asserted on Wednesday that an investor was ready and willing to put 400 million euros ($515 million) into a steel plant at the center of a dispute between the owner ArcelorMittal and the government. The Socialist administration has threatened to nationalize the Florange plant in northeastern France if Mittal goes ahead with plans [...]

PARIS—French President Francois Hollande threatened Tuesday to nationalize a plant owned by steelmaker ArcelorMittal in an increasingly heated dispute in which ministers have said the multinational is no longer welcome in the country. Moments before talks steel tycoon Lakshmi Mittal, Holland said that nationalizing ArcelorMittal’s plant in northeastern France remained on the table. [...]

Labor Secretary Rosalinda Baldoz has reminded employers about the timely release of the 13th-month pay of their workers.

To the public, the news that more than one out five Filipinos are underemployed is more alarming than the news that less than one out of 10 are unemployed.