Job Market Monitor
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On Just over 5 M lost during the Great Recession, women accounted for nearly 1.8 M
But more than 2.2 million jobs have been added under Obama, but the gain for women was just 284,000. “For far too long women have been left behind in Obama’s job market. Of the 740,000 jobs lost since Obama took office, 683,000 of them were held by women. That is truly unsustainable.” — Statement by Sharon … Continue reading
Middle class is getting left behind U.S. jobs recovery
Americans at the top and bottom of the income scale are benefiting most from the jobs recovery while those in the middle are getting left behind. Employees making above-average wages, like doctors and energy-industry workers, and those at the other extreme, including home-health aides and restaurant staff, have seen outsized gains in hiring since the … Continue reading
British Airways airport jobs could be transferred
Hundreds of British Airways workers at Gatwick Airport are set to lose their jobs or be transferred to another company under cost-saving plans unveiled by the airline today. The carrier said 400 ramp workers, including baggage handlers, will see their jobs outsourced, while 170 customer service staff and management support employees will be laid off … Continue reading
Canada | Fed Budget | Hundreds of policy jobs slashed
Hundreds of policy analysts are losing their jobs in the latest rounds of cuts to the public service. Union officials say the cuts raise serious questions about how exactly the Harper government will formulate policies in the months to come. About 690 members of the union representing economists and social scientists were told today that … Continue reading
100,000 Jobs Mission Hires 12,179 Veterans through First Quarter 2012
The 100,000 Jobs Mission, a coalition of 41 companies committed to hiring at least 100,000 veterans by 2020, collectively hired 12,179 veterans through March 31, 2012. This number is up from 6,606 veterans hired through the end of December 2011 when the coalition was 21 companies. In the first quarter of 2012, the following companies … Continue reading
How technology is fuelling China’s jobs market
The booming Chinese economy means that technology firms – particularly e-commerce companies – are struggling to find skilled candidates and managers to help fuel that growth. The latest Salary and Employment Forecast from international recruitment company Michael Page shows that there is strong growth in demand for technology professionals across sectors such as finance and retail, … Continue reading
Raising the Normal Retirement Age for Social Security Would Lead to Increase in Inequality
Social Security remains the most important source of income for most Americans in their retirement. Nonetheless, there are many proposals for cutting benefits that get serious consideration, including increasing the normal retirement age. A new report from the Center for Economic and Policy Research examines the impact of raising the Social Security retirement age and … Continue reading
New Hampshire | Job Program | Giving a chance to try out jobs that were not considered
More than 12 million Americans are out of work, according to the U.S. Department of Labor. Looking for a job similar to the one that was lost can be a frustrating and futile exercise, but an employment program in the northeastern state of New Hampshire gives the unemployed a chance to try out jobs they … Continue reading
U.S. | Hiring at highest level in more than 3 years
There were 3.5 million job openings on the last business day of February, little changed from January, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.3 percent) and separations rate (3.1percent) were little changed in February. The job openings rate, at 2.6 percent, has trended upward since the end of the recession in … Continue reading
Asia | Stable inequality over the past two decades would have lifted 240 million people more out of poverty
Developing Asia’s rapid growth in recent years has given rise to a widening rich-poor divide that threatens to undermine the region’s growth and stability, but governments can address the problem via shifts in spending priorities, the Asian Development Bank said. The region must spend more on education and health, create quality jobs and invest in … Continue reading
UK | Manufacturers favour of older workers over school leavers
New research shows employers in manufacturing and engineering are far less likely to offer opportunities to inexperienced young people – whom they would have to train up and supervise more – when there are plenty of “job-ready” older people available to do the work due to Britain’s rising unemployment toll. The admission from industry employers … Continue reading
India | MBA degree and employability
During current times wherein B-school education is undergoing a tremendous change in India, over 3,50,000 AICTE (All India Council for Technical Education ) approved MBA seats have mushroomed in India alone. While some may perceive it as a positive move, the reality is, the quality of education offered at a major chunk of these … Continue reading
The U.S. workplace is polarizing between the education haves and have-nots
The U.S. workplace is polarizing between the education haves and have-nots, says David Autor, professor of economics at Massachusetts Institute of Technology in Cambridge. So-called middle-skill jobs, typically well-paying work that doesn’t require extensive higher education, are vanishing, dividing the labor force into high- and low-skill positions. While women are moving up the knowledge ladder, … Continue reading
Detroit | More layoffs to come
More layoffs, the retraining of Detroit firefighters as first responders, drastic cuts to operations and the privatization of some city services, such as public transportation. All are proposals offering a glimpse into Detroit’s new fiscal reality as Deputy Mayor Kirk Lewis prepares to present the city’s first budget proposal under a consent agreement with the … Continue reading
India | National Rural Employment Guarantee Act is a drain critics say
Standing on a patch of arid, degraded land, 100 kilometers from southern Bangalore city, Ramapal, a member of the gram panchayat (local village administration), points to a roughly-dug canal feeding a narrow belt of green cultivation. “We cannot do without the government’s cash-for-work program,” he told Inter Press Service. “We are happy with the National … Continue reading
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