Archive for March 2012

Yahoo layoffs coming next week

Yahoo Inc will begin layoffs of thousands of employees next week and will announce a plan to restructure the company the week after that, according to a media report. Yahoo declined to comment. The layoffs, which will not take place all at once, will mostly affect Yahoo’s product, research and marketing groups, according to the … Continue reading

Comet confirms Hull call centre closure and layoffs

Hundreds of jobs are to be lost in Hull after electrical retailer Comet announced it was closing a call centre in the city. Comet said last year it would close a site in Hull or Clevedon, near Bristol, as part of a restructuring programme. It has now confirmed it is closing the centre in George … Continue reading

Social Media | How they can helph College Students in Job Search

“A groundbreaking survey from the John J. Heldrich Center for Workforce Development at Rutgers University found that recent college graduates, like many others across the United States, are struggling in today’s job market. Only a little over half of recent college graduates are working in full-time jobs. Additionally, half are working in jobs that do not … Continue reading

Canada | Fast track for skilled immigrants

The federal government plans to create a global job bank to bring in more skilled foreign workers, while using a new technique to end the “bizarre” situation in which low-skilled temporary foreign workers are hired in Canadian communities with double-digit unemployment, Immigration Minister Jason Kenney said Friday. The job bank idea, modelled after New Zealand’s … Continue reading

Skill Gap | Matching Education to Jobs – Businessweek

Educational achievement in America, once the envy of the world, has slipped steadily over the past couple of decades. At the same time, U.S. businesses increasingly suffer from a shortage of skilled workers in many technical and specialist fields, even as overall unemployment remains distressingly high. For all these problems, there is a practical solution … Continue reading

Social Networks | Is Your Profile Helping for Your Job Search ?

Here are a few things to consider in determining what kind of online persona you currently have or would like to have: 1.) Use Google to search for your name. 2.) Close all accounts that you don’t use anymore. 3.) Create a separate accounts for personal use and one for professional use. 4.) Make sure … Continue reading

Sega Planning Layoffs – PCMag.com

Sega is downsizing its home video game business in the U.S. and Europe in a restructuring that will result in game cancellations and an unspecified number of layoffs. Parent company Sega Sammy announced its plans for the “structural reform” in a statement to investors on Friday. The company estimates that it will record an “extraordinary … Continue reading

American Manufacturing Decline | Worse Than the Great Depression

“The conventional wisdom that U.S. manufacturing job loss is simply a result of productivity-driven restructuring (akin to how U.S. agriculture lost jobs but is still healthy) is fundamentally flawed” writes Robert D. Atkinson, Luke A. Stewart, Scott M. Andes and Stephen J. Ezel in  What the Experts Are Missing About American Manufacturing Decline . Source: http://www2.itif.org/2012-american-manufacturing-decline.pdf . Excerpts by JMM … Continue reading

Arab Spring turns to economic winter

The world’s highest youth jobless rate left the Middle East vulnerable to the uprisings that ousted Egypt’s Hosni Mubarak and three other leaders in the past year. It has got worse since then. About 1 million Egyptians lost their jobs in 2011 as the economy shrank for the first time in decades. Unemployment in Tunisia, … Continue reading

North-East UK | 450 jobs go

MORE than 450 North-East workers were facing redundancy last night after another grim day for the regional economy. Two of the North-East’s major employers announced the bad news as an international think-tank said the spectre of a UK double-dip recession was now a reality. About 350 jobs are at risk at the Kerry Foods processing … Continue reading

Germany | Schlecker | 12,000 jobs lost

Nearly 12,000 employees of a struggling German drugstore chain faced an uncertain future on Thursday after a rescue package was blocked by the Free Democrats. The junior partner in Chancellor Angela Merkel’s coalition government opposed a 70-million-euro loan guarantee. The package would have backed a retraining and job placement scheme for Schlecker employees. Katja Deuser, … Continue reading

VG247 | GAME stores shuttered, 2,104 jobs cut

MCV has a full list of the 277 GAME and Gamestation stores closed during the first day of administration by PWC. While the firm said earlier that it believes there is still room for a high street specialist chain, it made significant closures across the UK and Ireland; up to 300 outlets are expected to … Continue reading

Australia | Bunnings creates 6,000 jobs

Hardware chain Bunnings has announced plans to create 6,000 jobs in the next three years as part of its longstanding expansion plans. The company says it will spend $1.5 billion building 85 new stores across Australia and New Zealand… Read More @ Bunnings expansion to create 6,000 jobs – ABC News (Australian Broadcasting Corporation).

U.S. | Unemployment Extension | Summary of the changes

Federal extended unemployment benefits are in effect for 2012, however federal extended benefits for long-term unemployed workers will be gradually reduced to 73 weeks in the states with the highest rates of unemployment and 63 weeks elsewhere. Alison Doyle presents a summary of the changes @: via Unemployment Extension.

Australia’s unemployment benefits | Bad and getting worse

“A report on inequality to be delivered to Treasurer Wayne Swan this morning will label Australia’s welfare system one of the best and most efficient in the developed world, with the exception of unemployment benefits which are the worst relative to community standards and shrinking” writes Peter Martin. The report, to be unveiled just after Mr … Continue reading

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