Job Market Monitor
Archive for April 2012
Older Worker at 45
Phyllis Barnett is only 61 years old, but as she explains it, she was already considered a senior in the eyes of the job market years ago. “I have discovered as I’ve gotten older,” she says, “that once you hit 45, you’re considered an older worker.” An accounting professional with a master’s degree in business … Continue reading
Philippines | Labor Day | Gov’t offers nearly 300K jobs
As the nation celebrates Labor Day today, the Department of Labor and Employment (DOLE) is offering as many as 300,000 local and overseas jobs in the simultaneous job and livelihood fairs the agency is holding in various areas. Labor Secretary Rosalinda Baldoz said the nationwide job and livelihood fairs form part of the centerpiece event … Continue reading
Qantas to axe over 1,000 jobs
QANTAS will axe 400 jobs at its Tullamarine heavy maintenance base and 660 workers at Avalon are also at risk. Source: via Qantas to axe 400 Tullamarine workers with another 660 jobs at Avalon in danger | Herald Sun.
Mining in Sudbury | From an employer market to a worker market
Jeff Lafortune teaches in the civil and mining engineering technologist program at College Boreal he graduated from 15 years ago. In that decade and a half, he has seen a tremendous demand build for skilled mining employees. “When I graduated, there was one company in town … and there were 15 of us wanting that … Continue reading
Ireland | Cisco to create 115 jobs
Cisco is to invest €26 million in its research and development centre in Galway, creating 115 jobs. The investment, announced this morning by Taoiseach Enda Kenny, will be made over the next two years and is being supported by IDA Ireland. Mr Kenny described it as “most welcome news” for Ireland and the region. “The … Continue reading
Wall Street To Cut 21,000 Jobs
Wall Street is earning profits at the moment but that doesn’t mean jobs on the famous financial exchanges of New York are safe as Wall Street recruiters announced this week that “job creators” will be slashing 21,000 jobs from the securities divisions alone. Analysts predict that worldwide cuts will be even larger as big banks … Continue reading
Amazon to collect sales tax and create 2,500 jobs
As part of a settlement with the great state of Texas, Bezos’ baby will start collecting the state’s requisite 6.25-percent sales tax on July 1st. The settlement resolves the online retailer’s ongoing dispute with the Lone Star state, which claimed that Amazon owed $269 million in back taxes. In addition to taking up collection, Amazon … Continue reading
Israel’s revised jobless rate goes up
Israel’s move to bring its economic statistics in line with leading Western countries has led to a far bleaker picture of its jobs market, undermining claims that the country is riding through the global crisis with relative ease. The Central Bureau of Statistics on Monday unveiled a new employment survey – a reworking of past … Continue reading
LDK Solar Cuts 5,554 Jobs
LDK Solar Co. (LDK), the world’s second- largest maker of wafers for cells, cut 5,554 jobs this year after plunging prices cut margins to a record low amid a renewable-energy shakeout that’s pushed at least eight solar companies into bankruptcy and prompted thousands of industry firings. LDK, which reported the lowest margins among its publicly … Continue reading
Vietnam employment policy and Korea
Vice Minister of Employment and Labor Lee Gi-gwon and Vietnamese Minister of Labour, Invalids and Social Affairs Pham Thi Hai Chuyen held a bilateral meeting between the two Ministries in Hanoi, Vietnam on April 23rd. At the meeting, they signed a Letter of Arrangement between both countries concerning the provision of policy advice on the … Continue reading
