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Holiday Hiring Fails to Ease Labor Market Strain

  As the holiday season approaches, retailers and logistics companies traditionally ramp up hiring to meet surging consumer demand. Yet this year, the influx of seasonal jobs offers only modest relief to a labor market still grappling with structural challenges. While temporary positions provide short-term opportunities, they do little to address persistent issues such as stagnant wages, worker shortages in critical industries, and the growing mismatch between available jobs and worker skills. Many seasonal roles are concentrated in retail and warehousing, sectors that often struggle to retain employees once the holiday rush subsides. Economists note that the reliance on short-term hiring underscores deeper vulnerabilities. The labor market continues to face pressure from automation, shifting consumer habits, and a cooling economy. For workers, seasonal jobs may provide a paycheck, but they rarely translate into long-term stability or career growth. In the end, the holiday hiri...

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Hong Kong Police Target Construction Firm After Deadly Wang Fuk Court Fire

Smoke rises from residential buildings as fires continue to burn at Wang Fuk Court in the Tai Po district of Hong Kong, China, on Thursday, Nov. 27, 2025.

Hong Kong police have raided the offices of a construction company linked to the catastrophic blaze at Wang Fuk Court in Tai Po, which has become the city’s deadliest fire in decades. The inferno, which erupted on November 26, tore through multiple high-rise towers, killing at least 55 people and leaving nearly 300 residents missing.

Authorities revealed that the company under investigation had been conducting maintenance work at the housing estate, including the installation of bamboo scaffolding and foam materials that may have accelerated the spread of the flames. Police have already arrested three men on suspicion of manslaughter, citing gross negligence in the use of unsafe construction materials.

The fire, which engulfed seven of the estate’s eight towers, displaced thousands of residents and overwhelmed emergency services. Survivors described chaotic evacuations, with many trapped on upper floors as thick smoke and intense heat blocked escape routes.

Hong Kong’s Chief Executive John Lee announced a HK$300 million relief fund to support victims and pledged a full investigation into construction safety standards across the city. Officials are also considering phasing out bamboo scaffolding in favor of metal alternatives to prevent similar tragedies.

The raid marks a critical step in holding those responsible accountable, as public anger mounts over the scale of the disaster and the apparent negligence that contributed to its deadly toll.

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