Thursday, January 5, 2017

New jobs being created in the UK post Brexit; Hollande meets with Dimon

2017 has started globally, and the UK government is trying to create 400,000 jobs post Brexit. In France, Francois Hollande has met with Jamie Dimon, JP Morgan Chase CEO; to discuss the luring of investment and personal bankers to Paris post Brexit. The EU countries need to create jobs, in order to keep their economies growing. Francois H. will not be running for a 2nd term as prime minister, when French elections happen in the spring of this year. This new year brings change in the US, and France also. The US will have a new president come into office on January 20, with the inauguration in Washington DC. Can Donald Trump help Theresa May, and Francois Hollande in strengthening economies in both regions with job creation as one way to ensure growth? Furthermore, the UK government is inclining that 400,000 jobs will be created in 2017. Yet, uncertainty is there for Great Britain as the EU has a shaky relationship with the British post Brexit. Businesses want to make the best of Brexit, by being committed to full employment. Firms should increase pay, in order to keep bankers and IT consultants employed in Great Britain. Business and consumer confidence needs to go higher somehow, and businesses need to create agile workplaces. Businesses need to work on increasing the value of employee engagement as well, for improving productivity and employee retention. In closing, UK companies should improve in employee retention and improving leadership skills in future employees. There is a broad talent pool in the UK, and the EU-UK relations will improve by end of 2017. Temporary and permanent full-time roles need to increase for companies, to lessen the unemployment rate. Improved performance can generate higher profits, and it can generate higher growth rate too. Theresa May will have to work with Donald Trump, Francois Hollande, and Angela Merkel to build a better global workplace for 2017. This goal may be the main one for 2017. See the image above of Francois Hollande, France PM; and Jamie Dimon. Their secret meeting happened a few days ago.

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