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IBM Layoffs Exceed 800, Workers Say – Services – Outsourcing – Informationweek
IBM has laid off more than 800 workers at locations across the U.S. in the past 24 hours, according to company sources and documents obtained by InformationWeek. Many of the cuts appear to target the company’s Global Technology Services outsourcing group. Some 183 workers were laid off in the GTS application hosting unit, 179 were … Continue reading
Voters support deep spending cuts, poll says | CTV Ottawa | CTV News
Canadians appear to be in an austerity state of mind, according to a new poll, which found that a vast majority of respondents would approve deep spending cuts by the federal government as it tries to squeeze $4 billion in annual savings out of its budget. The Nanos Research survey asked respondents “what should be … Continue reading
Shanghai Raises Minimum Wage 13% as China Seeks to Boost Consumer Demand – Bloomberg
China’s financial hub of Shanghai joined Beijing and Shenzhen in boosting the minimum wage this year as policy makers seek to spur consumer spending and a shrinking labor surplus pushes up salaries. The nation’s most affluent city will increase the wage by 13 percent to 1,450 yuan ($230) a month starting in April, the Shanghai … Continue reading
China ‘risks economic crisis’: World Bank | Bangkok Post: news
China could face an economic crisis in the next 20 years if Beijing does not quickly overhaul its development model, World Bank and Chinese government researchers warned on Monday. The world’s second-largest economy was at a “turning point” and the need for deep reforms was urgent, the analysts said in a report forecasting China’s economic … Continue reading
China Hits Turning Point; Jobs Coming Back to the U.S.
As reported in The New American here, the difference in wages between Chinese and American workers is narrowing rapidly. Part of the reason is that China has passed the Lewis Turning Point. First noted by Bloomberg, that turning point hit the Chinese labor markets in the weeks following China’s Lunar New Year holiday in February, … Continue reading
UK and Europe Very Likely to See Oil Refineries Shut Down | Electric.co.uk News
According to new reports, it is very likely that oil refineries across Europe (including the UK) are likely to be shut down. This news came by way of a warning from the boss of Essar Energy. In fact, this India based company said that larger refineries such as its Stanlow facility in Cheshire will survive … Continue reading
Brand-New Jobs Site HireSmartz.com Connects Job Seekers to Open Positions
As the face of the U.S. job market continues to evolve, skilled workers struggle to find attractive openings while companies report a lack of qualified applicants for key positions. To bridge this gap, HireSmartz.com, a brand-new job search portal, provides free search options for job seekers and affordable postings for companies of all sizes. Job … Continue reading
Snyder says losing A-10s from Selfridge could cut 600 jobs in state | The Detroit News | detroitnews.com
Michigan Gov. Rick Snyder said the state could lose more than 600 full- and part-time military jobs if the Air Force moves A-10 fighter planes from Selfridge Air National Guard Base in Macomb County. “I’m not sure we are getting treated fairly by the Air Force,” Snyder said Monday after he attended the National Governors … Continue reading
Union reports layoffs at IBM | CharlotteObserver.com & The Charlotte Observer Newspaper
IBM is going through another layoff, according to a labor union trying to represent the company’s workers. The IBM Union Alliance in New York state, where IBM is based, began receiving calls and emails from IBM workers Monday morning. The layoffs are scattered across various sites and affect numerous divisions, said Lee Conrad, the union … Continue reading
Thai floods cut thousands of jobs, put many at risk | theSundaily
Flooding in Thailand last year forced more than 45,000 people out of work and has put another 164,552 jobs at risk as 284 flood-hit firms have still not reopened, the state planning agency said in a report, adding that wage increases in April could add to the problem. The worst floods in decades battered seven … Continue reading
Singapore | MP calls for centralised agency to match companies with job-seekers – Channel NewsAsia
MP for Pasir Ris-Punggol GRC Gan Thiam Poh has called for a centralised agency to match short-handed companies with local workers. This was just one suggestion Mr Gan made to help Singaporeans, especially those in the lowest wage groups, find jobs. He also called for a union to look into the welfare of low-wage workers … Continue reading
SIX to cut 150 jobs as franc hits profits – FT.com
Switzerland’s SIX Group, is to cut 150 jobs after it warned that operating profits had been hit in recent months by tough markets and the strength of the Swiss franc. The operator of the Swiss stock exchange further cautioned that market uncertainty and cost-conscious customers were damping sales expectations for 2012 for all business areas. … Continue reading
Hiring graduates with best degrees from top universities ‘could be discrimination against average students’ | Mail Online
Companies hiring graduates with top degrees could be discriminating against students with average grades, according to a Government-commissioned review. Jobs that require applicants to have a minimum qualification of a 2:1 degree may prevent firms meeting diversity targets, the report said. Many sought-after positions – particularly in the corporate sector – require a certain standard … Continue reading
A jobs-centered approach to African American community development: The crisis of African American unemployment requires federal intervention | Economic Policy Institute
Unemployment rates for African Americans have been far higher than those of whites for the past 50 years, even in good times. In fact, since 1960 the black unemployment rate has been about twice the white rate. Had blacks had the same unemployment rate as whites in 2010, an additional 1.3 million blacks would have been employed. Millions of African Americans live … Continue reading
Great Employee Qualities: Do You Have Them? | CAREEREALISM
Some great employee qualities bosses appreciate include: 1. Managing Yourself 2. Managing Your Boss 3. Managerial Attitude 4. Managing Your Time 5. Work to Get Results 6. Out-do Yourself 7. Can Do 8. Strive For Excellence 9. Enjoys Work 10. Contribute Positively 11. Work Relationships. Read More @: via Great Employee Qualities: Do You Have … Continue reading
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