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Canada | Space programs face layoffs

Federal budget cuts could be felt far, far away — up in outer space.  A 10 per cent budget cut over 3 years may impact new projects most. Industry leaders are worried that cuts to the Canadian Space Agency announced in the recent budget might hurt critical programs. There are fears of possible layoffs among employees, … Continue reading

Employer Tax Credits May Be a Useful Policy Tool

The 2007 Expansion of the Work Opportunity Tax Credit (WOTC) Program Increased Employment Among Disabled Veterans concludes Paul Heaton in The Effects of Hiring Tax Credits on Employment of Disabled Veterans published by rand.org. (adapted excerpts by Job Market Monitor to follow)  Among the myriad federal programs available to assist unemployed veterans, few have been subjected to the rigorous empirical evaluation … Continue reading

India | Textile sector loses 100,000 workers to NREGA in 5 years

The country’s biggest man-made fibre industry in the city, which contributes to about 40 per cent of the nation’s man-made fabric demand, is facing an acute shortage of workers. A huge chunk of skilled workers from states like Bihar, Uttar Pradesh, Orissa and Andhra Pradesh employed in the weaving and processing sectors have shifted to … Continue reading

Is it 75 now instead of 65?

Much has been written about the fact that financial necessity is making Canadians decide to stay in the work force past the traditional retirement age of 65. But there’s also a growing grey market of seniors who are choosing to recommit to their careers in their 60s and 70s. Older workers have dominated recent gains … Continue reading

China | $2.4 bn deal will create more than 10,000 jobs in India

Power Construction Corporation of China said on Friday it had signed a $2.4 billion contract to build the second phase of a massive coal-fired power complex in southern India that will help meet soaring local demand for electricity. The second phase of the project for India’s Infrastructure Leasing & Financial Services Limited (IL&FS) will include … Continue reading

U.S. CONGRESSIONAL BUDGET OFFICE | How To Respond to Persistently High Unemployment

The rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. CBO projects that the unemployment rate will remain above 8 percent until 2014. The share of unemployed people who have been looking … Continue reading

European Wind Energy Association sees 500,000 jobs to Europe by 2020

Wind energy to bring 500,000 jobs to Europe by 2020 according to a new report from the European Wind Energy Association (EWEA) Wind power has certainly been gaining more attention throughout Europe, despite concerns regarding efficiency and viability. Many European countries are beginning to adopt and make use of wind turbines and some have become … Continue reading

Malaysia | Skills Gap | Still a problem

Sarawak will need to hire skilled manpower from Peninsular Malaysia and overseas to address shortage faced by industrialists by the year 2015. Assistant Minister in the Chief Minister’s Office (Promotion of Technical Education) Datuk Len Talif Salleh said the state could produce about 30,000 skilled manpower each year against the needed 226,493 three years from … Continue reading

Business School Grads | 6 Résumé Writing Tips

If you’re nearing your degree’s completion and beginning the job hunt, then it’s imperative to perfect the document that best sells and summarizes your professional qualifications. Career experts offer these six résumé-writing tips for you: 1. Use Situations, Tasks, Actions (STAR) as a formatting guide 2. Stick to one page 3. Ditch the objective 4. Place … Continue reading

U.S. | Job Stimulus Programs | Where are the promised Green Jobs ?

Three weeks ago, President Barack Obama stood in front of a sea of gleaming solar panels in Boulder City, Nevada, to celebrate his administration’s efforts to promote “green energy.” Stretching row upon row into the desert, the Copper Mountain Solar Project not far from Las Vegas provided an impressive backdrop for the president. Built on … Continue reading

Australia | ANZ cuts 230 jobs

ANZ will axe 230 roles from its wealth management division as part of the 100 job cuts it announced earlier in 2012. An ANZ spokesman said staff in its Australian wealth business were told on Wednesday that 230 positions would be made redundant. The axed positions are part of the 1,000 job cuts the bank … Continue reading

Canada | Fed Budget | Veterans Affairs to cut 800 jobs

A memo sent to staff at Veterans Affairs says 800 jobs will be cut over the next three years as a result of the federal budget. But in the letter, obtained by The Canadian Press, the department’s deputy minister says relatively speaking, Veterans Affairs is fortunate. Suzanne Tinning writes the department expects to manage the … Continue reading

Spain | Carrefour to hire 3,000

Carrefour, Europe’s biggest retailer, plans to take on 3,000 new employees in Spain in 2012 with the opening of new shops, a newspaper said on Friday, citing the head of the company’s Spanish activities, Rafael Arias-Salgado. Newspaper Cinco Dias said the group planned to add 70 to 75 supermarkets to its 180 Carrefour Market and … Continue reading

India | Infosys to hire 35,000

  Country’s second largest IT firm Infosys on Friday said it will hire 35,000 people this fiscal, including 13,000 for its BPO operations. “We are going to add 35,000 more people next year, which includes 13,000 people for the BPO operations,” Infosys Member of the Board and Chief Financial Officer V Balakrishnan said. Infosys and … Continue reading

U.S. IT Jobs Return to 2008 Level

Tech-related jobs in the U.S. have recovered back to their pre-recession levels, with total people employed in IT above 4 million again, according to data in the Bureau of Labor Statistics’ surveys of U.S. households in the first quarter of this year. U.S. IT employment is at an estimated 4.04 million, according to the first … Continue reading

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