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US unemployment rate is bad, eurozone is worse and Greece leads in youth unemployment (53.8%)
Euro area unemployment rate at 11.3% EU27 at 10.4%. The euro area (EA17) seasonally-adjusted unemployment rate was 11.3% in July 2012, stable compared with June. It was 10.1% in July 2011. The EU27 unemployment rate was 10.4% in July 2012, also stable compared with June. It was 9.6% in July 2011. Eurostat estimates that 25.254 million men and women in the EU27, of … Continue reading
U.S. trade deficit with China cost 2.7 million jobs
The U.S. trade deficit with China eliminated or displaced more than 2.7 million U.S. jobs between 2001 and 2011, a new Economic Policy Institute briefing paper finds. The China toll: Growing U.S. trade deficit with China cost more than 2.7 million jobs between 2001 and 2011, with job losses in every state, by EPI’s Director of Trade … Continue reading
Denmark – Vestas announces 1,400 job cuts
Danish wind turbine company Vestas is to cut an additional 1,400 jobs. Officials from the firm said that the move comes ahead of predicted sluggish demand in the industry next year, and will provide the organisation with some EUR 100 million in cost savings. The news comes after Vestas cut 2,335 jobs earlier in the … Continue reading
UK – Aviva to cut up to 800 jobs
Aviva is to cut up to 800 jobs in the UK as chairman John McFarlane embarks on a £400m global cost-cutting drive. The job cuts are likely to come from both the general and life insurance arms of the UK operation and are set to be completed by the end of 2012. The life insurance … Continue reading
Paul Ryan – 12 million new jobs over the next four years
Entering the Republican National Convention to ebullient cheers, Rep. Paul Ryan, the Wisconsin congressman, hammered Obama for failing to create enough jobs, chastised the current administration for focusing on health care at the expense of the unemployed. “Right now, 23 million men and women are struggling to find work… Nearly one in six Americans is … Continue reading
Fiji – 200 new jobs in waste management business
INVESTMENT Fiji has approved a $100million worth application from an American company to start a waste management business in Viti Levu. This was confirmed by Investment Fiji chairman Adrian Sofield who said the investment should create about 200 new jobs. The proposal from the company is to collect rubbish across the country, which includes villages … Continue reading
France – Carrefour – 500-600 jobs cut
Carrefour (CARR.PA: Quote), the world’s second-largest retailer, plans to cut up to 600 French jobs as its new boss slashes costs in a bid to turn the struggling company around, unions said on Wednesday. “The group told the various works councils that the plan is to cut 500-600 jobs,” Force Ouvriere union representative Michel Enguelz … Continue reading
Säpo to cut jobs due to ‘financial strain’ – The Local
Swedish security service Säpo will be making major staff cutbacks due to “economic strain”, news that comes shortly after revelations of their 5.3 million kronor ($802,500) James Bond-themed party last year. One in ten staff members will lose their jobs as a result of the “tough economic times” for the agency, wrote the Dagens Nyheter … Continue reading
A free interactive application for metro-level data on supply of educated labor, employer demand for skilled workers, and other economic trends affecting unemployment rates
Use this interactive application below for metro-level data on supply of educated labor, employer demand for skilled workers, and other economic trends affecting unemployment rates. via Education, Job Openings, and Unemployment in Metropolitan America | Brookings Institution.
Top 50 most common interview mistakes
Here are the top 50 most common interview mistakes to review so you can avoid making them. Top 50 Interview Mistakes Dressing inappropriately. Not taking a phone interview as seriously as an in-person interview. Leaving your cell phone on. Chewing gum. Bringing a cup of coffee or other drink with you. Bringing another person with … Continue reading
UK – Employment law offers ‘excessive protections’ write rising star MPs of the Conservative party
Earlier this month, the Evening Standard leaked extracts from a forthcoming book entitled Britannia Unchained: Global Growth and Prosperity, which will be published in the run-up to this year’s Conservative Party Conference. The book’s publishers Palgrave MacMillan describe the book as follows: Presented by a team of rising star MPs of the Conservative party, Britannia … Continue reading
Unemployment Insurance Claims – It’s hard to beleive that the job market really improving ?
Last report was not a good one with 372,000 (unrevisied). This morning report isn’t better. Is the job market really improving ? Hard to beleive. SEASONALLY ADJUSTED DATA ; In the week ending August 25, the advance figure for seasonally adjusted initial claims was 374,000, unchanged from the previous week’s revised figure of 374,000. The … Continue reading
Long-term Unemployment Hard On Confidence
Janice Pratt came here in the 1980s for the booming local economy, but now the city’s unemployment rate is 9 percent. She hasn’t had steady work since 2008 when she lost her job with a tech company after a lengthy marketing career. Pratt fears the mere fact that she is unemployed is hurting her chances … Continue reading
UK – Airbus deal secures 6,000 jobs
Up to 6,000 jobs have been secured at Airbus’s factory in Cheshire following a major order from Philippine Airlines. The company makes wings for the Airbus at its plant at Broughton, near Chester. via BBC News – Airbus deal secures 6,000 Broughton jobs.
Canada – Investment in early education
The University of British Columbia’s Human Early Learning Partnership tracks school readiness across the province. In 2006, it reported 29.6% of children were entering school not ready to learn. Last year, it reported 30.9% of children arrived in kindergarten not ready to learn. Despite the efforts, and welcome innovations like Strong Start Centres, the situation … Continue reading
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