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Soros | Euro crisis could destroy the EU
Billionaire George Soros warned on Monday that the euro crisis is growing deeper, tearing at the fabric of European Union cohesion, because policymakers are prescribing the wrong remedies. “I’m afraid that the euro crisis is getting worse. It’s not over yet, and it is going in the wrong direction,” Soros said in discussion with Denmark’s … Continue reading
U.S. Entrepreneurship | Immigrants were more than twice as likely to start businesses each month in 2011
The Kauffman Index of Entrepreneurial Activity is a leading indicator of new business creation in the United States and is presented a very comprehensive report. (Adapted Report excerpts by Job Market Monitor following) The Kauffman Index reveals important shifts in the national level of entrepreneurial activity and shifts in the demographic and geographic composition of new entrepreneurs across … Continue reading
Georgia | Some of highest income taxes on the working poor
Tuesday is the last day to file state and federal income tax returns. The deadline comes near the release of a report by the Washington-based Center on Budget and Policy Priorities, which says Georgia levies some of the nation’s highest income taxes on the working poor. The report says Georgia is one of only 15 … Continue reading
April 17 – Equal Pay Day | Top 10 Facts
While the wage gap has certainly narrowed with the past generation of working women—in 1967 women only earned about 58 cents to a man’s dollar—progress has stalled in recent years. If progress continues at its current rate, it will take 45 years to eradicate the wage gap. Given the unfortunate fact that the gender wage … Continue reading
Inequality in America and the Incomes of the Super Rich – Brookings Institution
Question: where would the richest household in the bottom 98 percent-the one at the “98th percentile”-end up? With $350,000, it only would be on the 93rd floor-three-fifths of the way up the building, and 67 floors below the household at the 99th percentile. The household at the 90th percentile would only be on the 35th … Continue reading
3 Tips for a Job in China
Here are three things you should know about landing a job in China: 1. You don’t have to be fluent in Chinese to get a great offer 2. You are no longer special just because you’re a foreigner 3. Bad job-hunting advice is everywhere Source: Read More @ 3 Tips for Landing a Resume-Building Job in … Continue reading
U.S. | Reverse Brain Drain | More U.S. Children of Immigrants Are Leaving
In growing numbers, experts say, highly educated children of immigrants to the United States are uprooting themselves and moving to their ancestral countries. They are embracing homelands that their parents once spurned but that are now economic powers. Some have arrived in the United States as young children, becoming citizens, while others were born in the … Continue reading
Rwanda |10,000 New Jobs Created in 2011
Rwanda received US$ 626 million worth of investments from both foreign and local investors in 2011, a development that is expected to create about 9,060 new jobs. According to Rwanda Development Board’s 2011 statistics, the jobs were made available by 6,000 investment projects that the agency registered as of December 31, 2011. Agriculture, the country’s … Continue reading
World | Global Unemployment at 8% in 2011
Global unemployment remained stable at 8% between 2010 and 2011, according to Gallup surveys in 148 countries. Unemployment was highest in the Middle East and North Africa (22%) and sub-Saharan Africa (17%) last year and lowest in Asia (5%). Countries and territories such as South Africa, Botswana, Swaziland, Iran, Iraq, and the Palestinian Territories — … Continue reading
UK | Skilled Immigrants | A ‘challenge’ to grads jobseekers says Employment Minister Chris Grayling
Young British workers face a “huge challenge” from older and more experienced foreign rivals, Employment Minister Chris Grayling has warned. Chris Grayling said the “deep-rooted problem” meant prospective employees born in the UK were often at a disadvantage when applying for jobs. Business lobby groups have warned that young people were being failed by an … Continue reading
UPDATE : Electronic Arts Canada | Denies Reports of Massive Layoffs
Electronic Arts (EA) is expected to layoff between 500 to 1,000 employees this week, reports Silicon Valley blog Startup Grind. That represents up to 11 per cent of the company’s total staff, according to numbers released in EA’s latest financial statement on March 31. The video game publisher has four Canadian offices including Montreal, Edmonton’s … Continue reading
UPDATE : EU growth plan | Target: 17 million jobs
European Union officials are putting the final touches to a detailed economic growth plan they hope to unveil next week. The move comes as investors, spooked by the prospect of a deepening recession in the eurozone’s south, have pushed Spanish borrowing costs to their highest levels for four months. A draft of the 28-page plan … Continue reading
Electronic Arts Canada | 500 to 1,000 layoffs
Electronic Arts (EA) is expected to layoff between 500 to 1,000 employees this week, reports Silicon Valley blog Startup Grind. That represents up to 11 per cent of the company’s total staff, according to numbers released in EA’s latest financial statement on March 31. The video game publisher has four Canadian offices including Montreal, Edmonton’s … Continue reading
UK | Universities | An “F” on employability
Good-quality, independent careers advice has never been needed more in universities. According to recent figures from the Office for National Statistics, in the final quarter of 2011, the graduate unemployment rate stood at 18.9% – almost one in five, and very slightly below the spike of 20% in the third quarter of 2010. And with … Continue reading
Telstra | Job cuts to come
TELSTRA has signalled it may need to cut jobs if it fails to win contracts supplying the national broadband network because there will be less work for staff as its copper network is shut down. Telstra’s co-operation with NBN Co provides for the company to receive $100 million to retrain its workers, many of whom … Continue reading
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