Vocational training: In March, the European Union launched fifteen new Centres of Vocational Excellence (CoVEs) to tackle labour and skills shortages, aligning workforce training with industry needs and promoting innovation.
Platform work: The EU has also created a common framework for platform work, ensuring fair treatment by prohibiting harmful automated decisions.
Noncompete ban: The Federal Trade Commission’s (FTC) noncompete ban faces legal hurdles, forcing companies to rethink talent retention strategies and find new ways to protect proprietary information.
Living wage standards: The International Labour Organisation (ILO) introduced principles for setting a living wage to ensure wages meet basic needs while considering economic factors like productivity and employment rates.
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