AGP Executive Report
Last update: 7 hours agoOlder Workers: Singapore will raise the retirement age to 65 and the re-employment age to 70 in 2029, a year ahead of schedule. New recommendations also aim to expand flexible work options and help seniors stay employed. Hiring Pressure: South Africa’s police recruitment drew more than 300,000 registrations for 5,500 trainee places in just over three days, highlighting intense competition for formal work amid high unemployment. Youth Training: UK employers are pushing back against a proposed 25% increase in apprenticeship training costs for workers over 25, warning it could shift opportunities rather than create more for young people. AI and Applications: AI-generated cover letters are becoming less useful as a hiring signal, while applications for each open role have doubled since 2022, adding to recruiters’ workloads. Protecting Jobs: Hyundai and its union agreed to cut a planned transfer of Palisade production to the US from 200,000 vehicles to 74,000, aiming to safeguard domestic employment.
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