USA - Start-up Visa:Trump Moves to Dump the U.S.'s Startup Visa, creator of multiple jobs (Why That's an Awful Idea) - by Steve Case

Recently the Trump Administration issued its formal proposal to rescind the International Entrepreneur Rule, a regulation designed to allow entrepreneurs to grow and scale their businesses in the U.S. This rule allowed the Department of Homeland Security (DHS) to use clear and careful criteria to identify, on a case-by-case basis, entrepreneurs who would provide significant benefits to the U.S.

To get growth, you need to support growth. And that means supporting immigrant entrepreneurs. According to the National Venture Capital Association (NVCA), one-third of U.S. venture-backed companies that went public between 2006 and 2012 had at least one immigrant founder. Immigrants have started more than half of America's unicorns. And while immigrants make up 15 percent of the U.S. workforce, they comprise a quarter of our country's entrepreneurs.

The rescission of the International Entrepreneur Rule will deprive the U.S. of the opportunity to incubate great innovation and, more importantly, thousands of new jobs. Last year, the New American Economy immigration coalition found that, at a minimum, the IER would create 135,000 jobs over 10 years, with the potential to create more than 300,000.

The jobs we lose by preventing the founder of the next big company to stay in the U.S. won't simply disappear; they will go somewhere else. Overall global venture capital investment has increased since 2004, but the share invested in U.S. companies has declined significantly during that time--from 85 percent to 54 percent.

While American immigration laws compromise our ability to compete for the best talent, other countries are making it easier for foreign-born entrepreneurs to start or relocate businesses. Canada, Australia, the United Kingdom, South Korea, and China are just a handful of the countries that have made smart reforms to replicate the conditions necessary for a vibrant entrepreneurial environment. And they are reaping the rewards. For example, investment in China-based venture capital-backed companies has grown at a faster pace faster than the U.S. and China now accounts for more than one-quarter of the global VC dollars invested.

The International Entrepreneur Rule is necessary to help level the playing field for the American economy and allow us to more fairly compete for the technology and jobs of tomorrow. To be clear, this isn't solely about luring more engineers to create companies in Silicon Valley. The International Entrepreneur Rule has the potential to create hundreds of thousands of high-quality jobs in Rise of the Rest cities between the coasts. Indeed, just last year, founders, investors, and civic leaders from the heartland implored President Trump to consider the enormous impact the rule could have on more nascent startup ecosystems located beyond traditional startup hubs.

America became the world's most innovative and entrepreneurial nation in part because we were immigrant-friendly. Students want to stay here and established entrepreneurs still want to come here. But all too often, our immigration system is now pushing these new founders and their potential contributions away.

The International Entrepreneur Rule offered an opportunity to reorient this trajectory. By allowing it to remain in place, the Trump Administration will help cement our entrepreneurial tradition and, most importantly, spur economic growth and job creation in the places that need it the most.

Note EU-Digest: It takes vision to look beyond the horizon. Unfortunately Donald Trump does not posses that quality.

Read more: Trump Moves to Dump the U.S.'s Startup Visa. (Why That's an Awful Idea) | Inc.com

Poland: JP Morgan to hire 3k people in its Warsaw center

P Morgan confirmed the news that it will open its global operations center in Warsaw which will bring in some 3,000 jobs. “JP Morgan sees strong human capital in Poland, ready for the challenges of the future.

We also see an economic structure that is excellent for our company,” the bank’s Managing Director Steve Cohen said, adding that “Poland supports entrepreneurship but also maintains political stability and fiscal discipline. At the same time, Poland encourages innovation.”

The facility will be operational in mid-2018. “We already have 19 such centers that operate 24 hours a day throughout the year. These centers limit business risks as well as provide access to global talent,” Cohen added.

Read more: JP Morgan to hire 3k people in its Warsaw center | WBJ

USA: There are Trump's claims about jobs. And then there are the numbers - by Chris Isidore

"We've ended the war on clean beautiful coal. And we're putting our miners back to work," he said. "Last week a brand new coal mine just opened in the state of Pennsylvania. First time in decades. Decades. We've reversed it. And 33,000 mining jobs have been added since my inauguration."

"We've ended the war on clean beautiful coal. And we're putting our miners back to work," he said. "Last week a brand new coal mine just opened in the state of Pennsylvania. First time in decades. Decades. We've reversed it. And 33,000 mining jobs have been added since my inauguration."

"We've ended the war on clean beautiful coal. And we're putting our miners back to work," he said. "Last week a brand new coal mine just opened in the state of Pennsylvania. First time in decades. Decades. We've reversed it. And 33,000 mining jobs have been added since my inauguration."

"We've ended the war on clean beautiful coal. And we're putting our miners back to work," he said. "Last week a brand new coal mine just opened in the state of Pennsylvania. First time in decades. Decades. We've reversed it. And 33,000 mining jobs have been added since my inauguration."

Trump has regularly claimed that the United States has added more jobs during his tenure than it actually has.

On June 1 he claimed that there had been "more than 1 million private sector jobs" created since he took office. His chief economic adviser Gary Cohn explained he was using an estimate from payroll service ADP, which said 1.2 million jobs were added from January through May.

But that figure is questionable for a couple of reasons. First, it includes January, when President Obama was in office for most of the month. Without January the number of jobs added slips to under 1 million.

Read more: There are Trump's claims about jobs. And then there are the numbers - Jun. 22, 2017

The Environment: Trump Takes Aim At A Centerpiece Of Obama's Environmental Legacy - by Nathan Rott

President Trump will sign sweeping executive orders today Tuesday, March 28  that take aim at a number of his predecessor's climate policies.

The wide-ranging orders and accompanying memorandums will seek to undo the centerpiece of former President Obama's environmental legacy and national efforts to address climate change.

It could also jeopardize America's current role in international efforts to confront climate change.

A senior White House official says the goal is to make the U.S. energy-independent and to get the Environmental Protection Agency back to its core mission of maintaining clean air and water.
In a symbolic gesture, the president is expected to sign the documents at EPA headquarters.

 Read more: - Trump Takes Aim At A Centerpiece Of Obama's Environmental Legacy : The Two-Way : NPR

Labor Market: The future of jobs: The onrushing wave

In 1930, when the world was “suffering…from a bad attack of economic pessimism”, John Maynard Keynes wrote a broadly optimistic essay, “Economic Possibilities for our Grandchildren”. It imagined a middle way between revolution and stagnation that would leave the said grandchildren a great deal richer than their grandparents. But the path was not without dangers.

One of the worries Keynes admitted was a “new disease”: “technological unemployment…due to our discovery of means of economising the use of labour outrunning the pace at which we can find new uses for labour.” His readers might not have heard of the problem, he suggested—but they were certain to hear a lot more about it in the years to come.

For the most part, they did not. Nowadays, the majority of economists confidently wave such worries away. By raising productivity, they argue, any automation which economises on the use of labour will increase incomes. That will generate demand for new products and services, which will in turn create new jobs for displaced workers. To think otherwise has meant being tarred a Luddite—the name taken by 19th-century textile workers who smashed the machines taking their jobs.

A new wave of technological progress may dramatically accelerate this automation of brain-work. Evidence is mounting that rapid technological progress, which accounted for the long era of rapid productivity growth from the 19th century to the 1970s, is back. The sort of advances that allow people to put in their pocket a computer that is not only more powerful than any in the world 20 years ago, but also has far better software and far greater access to useful data, as well as to other people and machines, have implications for all sorts of work.

Read more: The future of jobs: The onrushing wave | The Economist

US - EU Trade Negotians:"will the EU have to give up the store to create 740.000 extra US Jobs?

A second and more intense round of US-EU negotiations on the Transatlantic Trade and Investment Partnership (TTIP) is slated for next month. Those talks are likely to elicit greater scrutiny on the contours of a potential agreement and its impact on the American and European economies broadly. But there will also be a focus on regional and industrial-sector consequences. For the US, that means states, local businesses and American households will all be affected.

With this in mind, the Bertelsmann Foundation, in partnership with the Atlantic Council and the British Embassy in Washington, DC has released “TTIP and the Fifty States: Jobs and Growth from Coast to Coast”, a landmark study that assesses the economic benefits of a fully implemented US-EU free-trade agreement on the economies of all 50 US states.

The report, which can be found here, finds that an ambitious TTIP agreement—one that eliminates trans-Atlantic tariffs, reduces costs of non-tariff regulatory barriers by 25 percent and halves public-procurement barriers—could lead to more than 740,000 TTIP-related US jobs, the equivalent of the entire workforce of New Hampshire.  Additionally, states such as California (75,340), Texas (67,780), New York (50,520) and Florida (47,540) could see significant TTIP-related job gains. Nationally, nearly 1 in every 160 US jobs in existence could be attributed to the TTIP agreement.

Among the reports other findings:

• US states would see annual exports to Europe increase at an average of 33-percent.
• The motor-vehicle sector would see substantial growth, serving as the top sector for export growth in 19 states. 
• States well integrated into the supply chain of the trans-Atlantic automobile market (particularly Alabama, South Carolina and Michigan) would experience significant export boosts in this sector. Michigan alone would see an increase by 95-percent under an ambitious TTIP agreement while Alabama and South Carolina would see increases of 187 and 138-percent, respectively.
• Chemical exports would also increase substantially, accounting for top sectorial export increases in 13 states. Pennsylvania alone is estimated to increase its chemical exports by $2.3 billion, a 34-percent increase. 

The report was officially released on September 24th at an event with UK Deputy Prime Minister Nick Clegg and US Senators Christopher Murphy (D-CT) and Ron Johnson (R-WI). Deputy Prime Minister Clegg called the report “a compelling read”, adding that despite the existing large trans-Atlantic trade relationship, Europeans and Americans can do better and create more prosperity. The senators echoed this sentiment, with Johnson hailing free trade as a “win-win proposition” and Murphy arguing that TTIP offered an “unassailable case” for benefits to the US economy. 

EU-Digest

Tech News: Europe-Wide Job Hunting with EURES and SEEMP

For the complete report in Tech News click on this link

Europe-Wide Job Hunting, EURES

Free movement of labour in Europe is fine in principle but problematic in practice. Short of registering with employment agencies in several different countries, how do you begin to look for a job in a market covering 27 Member States? The European funded SEEMP project may have the answer. Citizens of the European Union have, in principle, the right to work in any of its 27 Member States, but exercising that right is difficult unless you know how to look for a job in an unfamiliar country. At present, there is no simple method of searching for a job throughout Europe. Your local employment agency is unlikely to be able to help you look for posts beyond regional or national borders, and pan-European job seekers may have to register independently with several agencies in different countries.

A notable exception is EURES, an EU-funded web portal to promote mobility within Europe. EURES allows job seekers to search for vacancies provided by public employment services in 31 countries and to file CVs which can be searched by potential employers, but presently there is no attempt to match CVs with vacancies. If you look at Europe as a whole, there is not currently a structured way to organise this job change mechanism,” says Salvatore Virtuoso of TXT e-solutions, who is acting coordinator for the project. “SEEMP is meant to address exactly this problem. We do not want to create another job portal but are aiming to enhance what is already provided by national or regional e-employment services.”

With SEEMP, a job-seeker need only register and supply their details once, and their local agency broadcasts the request to the network and collects job offers from the other participating agencies. This means dealing with differences not just in language but in job titles and descriptions, qualifications, structure of CVs and job offers.

Online Recruitment - Are you on time for a job in Spain?

For the complete report from Online Recruitment click on this link

Are you on time for a job in Spain?

The updated guide ‘Looking for work in Spain’ provides the answers; Spain is hot at the moment, with a thriving economy. Spanish players have swiftly entered the global market place and the restructuring of the Spanish economy is progressing ceaselessly. Ever since Spain entered the European Community in 1986, its economy has boosted, and has enabled the country to improve its infrastructure and to conform its economy to EU guidelines. Despite some of its challenges, Spain is most definitely taking over a top position in Europe’s economic hit parade as the fourth EU economy. The new, entirely updated ‘Looking for work in Spain’ guide provides the necessary information to be a part of Spain’s economic hit parade.

Expertise in Labour Mobility, a knowledge broker when it comes to international labour mobility, has published a series of guides called ‘Looking for work in ...’ , available for over 40 countries, which are not only interesting for people who are looking for work, but also for expatriates, expat spouses, internationally active entrepreneurs and students.