Polish employees like Sundays trade ban

(MichaelGaida, CC)

Slovakia is patching up holes in the labor market

Russian companies in the Forbes list of 500 best employers

Poland

9 out of 10 Poles working in a retail are happy with Sundays trade ban, according to the Solidarity trade union. As the Polish Radio reports, a study conducted by the union found that 90 per cent of women and 92 per cent of men in the retail sector were upbeat about the legal changes introduced in March. However, according to the report, workers have pointed to problems including bigger queues on days preceding trade-free Sundays.

The new legislation allows shops to be open on only in the first and the last Sunday of each month, with some exceptions. Renata Juszkiewicz, the head of the Polish Retail and Distribution Organization, an employers’ group, said that y/y sales had fallen since the law came into force.

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Slovakia

The aim of the draft labor force mobility strategy is not to import cheap labor from abroad that would cause social dumping, Labor Minister Jan Richter said. The Slovak Spectator reports that, according to Mr. Richter, the goal is to adopt temporary measures to address the shortage of skilled labor force in Slovakia.

“This is by no means an opening of the borders for all. The framework allows for an accelerated process of recruiting workers to jobs with a lack of labor force and only in districts where the unemployment rate is under 5 per cent. This applies to more than 65 per cent of all districts in Slovakia,” said Mr. Richter

“The target group of this strategy isn’t refugees or asylum seekers, but it aims to establish a specific vision, measures to regulate labor mobility of third-country nationals to the Slovak labor market,” he added.

Unemployment in Slovakia in August 2018 was 5.4 per cent.

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Russia

Five Russian companies have made it on the Forbes list of 500 world’s best employers, reports Tass agency. Research showed that the best Russian employer is the Moscow Exchange, which is the 117th in the rating. Oil and gas company Surgutneftegas takes the 167th place, while United Aircraft Corporation is the 278th. Two other companies that are ranked is Russian airlines Aeroflot  and Lukoil.

The rating was based on analysis of over 430,000 questionnaires filled out by employees of different companies. They were asked to rate their employer and elaborate on whether they would recommend to their friends or family members to work for that company.

Alphabet Inc., an international conglomerate and a parent company of Google, is ranked as the best world’s employer. Technology giant Microsoft takes the second place, followed by Apple in the third place.

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What’s up in indexes

BET (of Bucharest) decreased from 8,534.13 index points Wednesday, October 10th to 8,399.34 index points Thursday, October 11th. It’ down 1.37 per cent d/d and up 4.93 per cent y/y.

BUX (of Budapest) decreased from 36,821.00 index points Wednesday, October 10th to 35,905.00  index points Thursday, October 11th. It’s down 2.49 per cent d/d and down 6.63 per cent y/y.

CROBEX (of Zagreb) decreased from 1,770.15 index points Wednesday, October 10th to 1,754.55 index points Thursday, October 11th. It’s down 0.89 per cent d/d and down 2.81 per cent y/y.

OMXR (of Riga) decreased from 962.13 index points Wednesday, October 10th to 915,62 index points Thursday, October 11th. It’s down 4.83 per cent d/d and down 7.72 per cent y/y.

OMXT (of Tallinn) decreased from 1,224.44 index points Wednesday, October 10th to 1,203.47 index points Thursday, October 11th. It’s down 1.71 per cent d/d and down 1.23 per cent y/y.

OMXV (of Vilnius) decreased from 666.44 index points Wednesday, October 10th to 655.57 index points Thursday, October 11th. It’s down 1.63 per cent d/d and up 1.98 per cent y/y.

PX (of Prague) decreased from 1,097.17 index points Wednesday, October 10th to 1,083.68 index points Thursday, October 11th. It’s up 1.23 per cent d/d up 2.78 per cent y/y.

SAX (of Bratislava) decreased from 332.35 index points Wednesday, October 10th to 331.88 index points Thursday, October 11th. It’s down 0.14 per cent d/d and up 2.96 per cent y/y.

SOFIX (of Sofia) decreased from 617.42 index points Wednesday, October v to 609.09 index points Thursday, October 11th. It’s down 1.35 per cent d/d and down 9.47 per cent y/y.

UX (of Kyiv) increased from 1,678.08 index points Wednesday, October 10th to 1,710.00 index points Thursday, October 11th. It’s up 1.90 per cent d/d and down 40.99 per cent y/y. 

WIG20 (of Warsaw) decreased from 2,197.34 index points Wednesday, October 10th to 2,159.88 index points Thursday, October 11th. It’s down 1.70 per cent d/d and down 15.36 per cent y/y.

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