RISING unemployment in Europe has driven an influx of Irish and British skilled migrants to labour-strapped pockets of the Australian economy in recent months, government figures show. But skilled migration from Greece, where unemployment topped 20 per cent in November, remains low as Australian recruiters target already strong labour streams from the British Isles. The … Continue reading
Seeking to make good on past threats in Congress to rein in the Federal Reserve’s powers, a prominent Republican lawmaker said on Thursday he will introduce legislation to focus the U.S. central bank on a single mandate to fight inflation and protect the dollar’s value. Representative Kevin Brady, vice chairman of the Joint Economic Committee, … Continue reading
The structure of the economy – as represented by the relative sizes of the various industry sectors – is always changing. Normally the rate of change is so slow we don’t notice it. At present, however, the pace of change is much quicker than usual. These pressures are coming from outside Australia. Many are the … Continue reading
The Adani Group on Thursday announced plans to invest $ 6 billion by 2015 to develop its three core clusters of resources, logistics and energy. The investment will be funded by a mix of internal accruals, equity and debt. It will largely go to its new Australian coal mining operation. The group is the largest … Continue reading
Chase, the region’s largest private employer, said yesterday that it will add at least 350 jobs in the Polaris area over the next five years. That continues a hiring binge that has seen Chase add 2,500 jobs over the past year in Columbus, bringing the local Chase work-force total to 19,000… via Chase bank is … Continue reading
Air New Zealand “had no option” but to cut the jobs of 175 staff today, as plummeting profit margins force the national carrier into cost-cutting mode. This morning, the airline reported a $38 million profit for the six months to December, a slump of 61 per cent from the same period last year. Chief executive … Continue reading
At the White House Daily Press Briefing Tuesday Carney said “The President didn’t turn down the Keystone Pipeline.” He said “There was a process in place with long precedent, run out of the State Department because of the issue of a pipeline crossing an international boundary, that required an amount of time for proper review … Continue reading
Keyword searching is old fashioned. A résumé usually does not fully reflect who you are. Often, what employers read isn’t what they get. If a picture is worth a thousand words, how much is a well-designed profile + video worth? To land a great job, or to recruit the best talent, you need to get … Continue reading
Y Combinator-backed Interview Street is accelerating the pace of its CodeSprints, where programmers prove their worth to potential employers by completing coding problems in a limited period of time. The startup held its second big CodeSprint last month. The event seems like a success — 5,221 people participated, 665 of them actually applied to companies, … Continue reading
Many of the resumes that cross my desk are white pieces of paper that list education, experiences, and skills. Since they’re typically from traditionally-minded people who prefer not to call attention to themselves, I don’t expect anything else. Some people who are more expressive also include links to websites, where they post videos or slide … Continue reading
After leading the nation in unemployment for four years, Michigan has finally dropped out of the Top 10. State unemployment slid to 9.3% in December, only a touch higher than the national rate, and a sharp decline from the 14.1% rate that Michigan hit in the fall of 2009. And last year was the first … Continue reading
There is a growing chorus of sophisticated types telling the country that we could have millions more jobs in manufacturing, if only we had qualified workers. This claim has the interesting feature that it places responsibility for the lack of jobs on workers, not on the people who get paid to manage the economy (e.g. … Continue reading
Congress has passed and President Obama has signed extension of federal extended unemployment benefits programs and the payroll tax cut. 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. Here’s a summary of the changes: Extended Unemployment Tiers 2012 … Continue reading
Without two key information technology workers who retired last fall, the state Department of Labor might not be able to adapt its computer system to new unemployment benefit extension requirements in time to get checks out to state residents, an agency official said Thursday. The department wants to hire back the two retirees, but can’t … Continue reading
Global alliance of overseas Filipinos and families Migrante International today said that the rise in local unemployment will push the Philippine government to further intensify and implement a more aggressive labor export policy. According to the 2011 Social Weather Survey, unemployment rose to 24 percent, or an estimated 9.7 million, signifying an additional 1.5 million … Continue reading