Putting them on a path to higher paying jobs. In fact, on this trip alone, these companies are announcing over 1 billion of us investments, including creating Educational Opportunities to over 30 million filipinos. President joe biden has proposed a 7. 3 trillion budget on monday, calling for new social programmes and higher taxes on corporations and the wealthy. The plan offers a stark contrast with Donald Trumps Economic Vision ahead of novembers us president ial election. The bbc s north America Business correspondent Michelle Fleury in new york has more. President biden outlined his Election Year budget pitch. It includes tax breaks forfamilies, Lower Healthca Re costs and higher taxes on the wealthy and corporations, as well as trying to get more money to help ukraine to help defend itself against russia and for aid for israel. If the biden budget became law, it would save 3 trillion through higher taxes over ten years, but it would also push us debt over 100 of gdp. By contrast,
Neil carberry is the Chief Executive of the recruitment and employment confederation. We have definitely seen a cooling in Labour Market demand for newjobs over the last year, year and a half. And lots of change going on inside companies as they adapt to a slower economy. So, definitely signs of a cooling, that of course is what the bank is looking for to justify dropping Interest Rates in the next few months. But i think what is important to say is that there is nothing precipitous here, unemployment overall is still low, demand is still relatively high next to historic standards. So this is a gentle cooling, more of a soft landing rather than anything more challenging. And there is some hope in the business surveys for a turnaround later in the year. The rec speaks for 3,000 Recruitment Agencies all over the country and what we are getting is not employers shutting up shop and not hiring, but those Decision Making timescales take a bit longer, maybe we will recruit that rule next mon
For the First Time Since itjoined nato, the swedish flag has been raised at nato headquarters. Theyve been taking part in the Largest Military exercise since the cold war, amidst warnings of a new threat to europe from russia following its full scale invasion from damning of ukraine. Jonathan beale reports from the arctic circle. Nato says its a bulwark for peace. But its preparing for war. This, just part of its massive Military Exercise taking place right across europe. And with newest members sweden and finland in no doubt as to why theyjoined. Being alone against russia is like, why take that risk when you canjoin nato . I personally feel a lot safer because now we have allies to depend on. In this scenario, theyve come to defend Northern Norway after its been invaded. Theyre not calling the enemy russia, but it is a near neighbour. The aim of this exercise is to demonstrate how nato would come to the aid of an ally under attack. It is the very principle of the alliance an attack o
Thats down from 3. 9 in the three months to november. It marked the lowest level seen since the November 2022 to january 2023 period. Wage growth slowed again in the britishjobs market. But and this is key it is still outpacing price rises, according to the office for national statistics. Lets hear now from michael stull, director at manpowergroup uk. Michael, what are you expecting to see a little later on . Im always very excited for when the numbers come out. Im expecting a couple of things, one is i do think unemployment will take up a little bit, as you mentioned wage growth is going to slow. We will see vacancies down and underlying all of that in the Labour Market we have two bosses, a cold and hot going on. On the cold and hot going on. On the cold side we have sent a dropping, weve seen hiring slowing down and we are not out of the woods. We are blue business and consumer confidence. Manufacturing pmi is a very low, big into caters. 0n the hot side we see a lot of hiring going
Putting them on a path to higher paying jobs. In fact, on this trip alone, these companies are announcing over 1 billion of us investments, including creating Educational Opportunities to over 30 million filipinos. President joe biden has proposed a 7. 3 trillion budget on monday, calling for new social programmes and higher taxes on corporations and the wealthy. The plan offers a stark contrast with Donald Trumps Economic Vision ahead of novembers us president ial election. The bbc s north America Business correspondent Michelle Fleury in new york has more. President biden outlined his Election Year budget pitch including tax breaks for families, lower healthcare families, Lower Healthca Re costs families, lower Healthcare Costs and a higher taxes on wealth incorporation as well as trying to get more money to help your defend itself against russia and for aid for israel. If the biden budget became law, it would save 3 trillion through higher taxes over ten years but it would also push