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Unemployment Insurrance | At least 12 states will lose eligibility for extension
Until recently, if you lost your job you could claim unemployment insurance for up to 99 weeks according to the state government. Lately, however, unemployment insurance has undergone some drastic changes for the worse as more Americans struggle to find jobs. Many states will lose 20 weeks’ worth of benefits and claimants will be faced … Continue reading
Sri Lanka | Providing vocational and technical training for 35 percent of youths by 2016
The government is planning to provide vocational and technical training for 35 percent of youths by 2016 under the Mahinda Chinthanaya. Plans are also underway to increase state university intake up to 10 percent. The government also provided vocational and technical training to over 100,000 youths in state institutions in 2011, Sri Lanka Freedom Party … Continue reading
Obama | Income Inequality Hurts
So, does inequality hurt growth? Some economists have said “absolutely,” and others have said “absolutely not.” Here’s a serving of both view points. OBAMA IS RIGHT “Inequality is harmful for growth.” Inequality can lead to recessions. OBAMA IS WRONG “Little overall relation between income inequality and rates of growth and investment.” Marketization, not inequality, is … Continue reading
Should bright pupils become hairdressers?
Should teachers dissuade their brightest pupils from becoming hairdressers? According to Ofsted, teachers sometimes “deride” pupils for opting to leave school and work as apprentices in beauty salons or hairdressers. Inspectors questioned 105 young people for a report on apprenticeships published on Wednesday. They found “several examples of bright young people who felt they had … Continue reading
Africa | Young and unemployed: A time-bomb
The highest percentage of the unemployed masses is youths. According to the Africa Development Indicators report released by the World Bank, youth unemployment is at 83 percent in Uganda. About 256,700 youths can’t find jobs every year in Uganda. Sacrifices made behind the scenes Many parents have paid the price. In the past, most felt … Continue reading
Teen Jobs Offer More Than Spare Cash, Expert Says : NPR
A quarter of U.S. teens between ages 16 and 19, who are looking for work, can’t find it. Michael Saltsman of Employment Policies Institute says teen unemployment isn’t just about buying pizza on Friday nights. The cash teens earn is often essential for supporting themselves and their families. Saltsman speaks with host Michel Martin. MICHEL … Continue reading
The Best and Worse Jobs of 2012
The Best The world is going digital, and Software Engineers who can help with that transformation are reaping the benefits. Their pay is great, hiring demand for their skills is through the roof, and working conditions have never been better. And that’s why the job of Software Engineer ranks tops in our annual Jobs Rated … Continue reading
UK | Apprenticeship | School work placements boost success
A meaningful work experience placement while still at school is crucial to a successful apprenticeship, says Ofsted. The education watchdog wants schools to organise better placements and the government to develop stronger careers guidance for over-16s in England. In a report, it says official figures suggest around a quarter of the people who begin apprenticeships … Continue reading
Slow Job Recovery | Low-Wage Jobs to Be Blamed
Slower-than-expected employment growth in March 2012 has brought the halting pace of economic recovery into sharp focus again. Nearly three years since the recession officially ended in June of 2009, 12.7 million people are still out of work and unable to find a job—a figure that rises to 22.8 million if workers who have given … Continue reading
The Euro Crisis Rides Again
After a quiet-ish few months, Euro panic came back in a big way on Tuesday. Spanish stocks hit a three-year low. Spain’s bond yields crept back up above 6 percent. It wasn’t any better in Italy, whose stocks fell 5 percent. That’s a lot of bad news on a day with seemingly no new news. … Continue reading
Workforce Retirements and Skills Gaps
A joint survey released April 9, 2012, by the Society for Human Resource Management (SHRM) and AARP shows that U.S. employers are ramping up training programs aimed at closing expected skills gaps left when Baby Boomers retire. In addition, companies are enhancing employee benefits that they hope will help with recruiting and retaining older workers, … Continue reading
Immigrants | Job growth quicker than native-born Americans
Immigrants are experiencing a faster rate of job growth than native-born Americans in the economic recovery, data show. “It seems that the rate of unemployment for immigrants is slightly lower than for the native group,” said Jeanne Batalova, a policy analyst with the Washington, D.C.-based Migration Policy Institute, which analyzed employment data for the region … Continue reading
P.E.I. | Cuts to come in public sector jobs
The P.E.I. government plans to remove 300 jobs from its payroll in the upcoming budget, CBC News has learned, and hopes to cut most of those positions through attrition. Premier Robert Ghiz has confirmed the downsizing is coming. “While you may not love coming in and delivering a budget along these lines it’s still your … Continue reading
Skills Gap | Community colleges part of the solution
Community colleges have long viewed job training as central to their mission, but the role has taken on added significance since the economic recession. Even with nearly 13 million Americans unemployed, some companies can’t find qualified candidates. As many as 3.5 million jobs are unfilled right now, many of them in the fields of information … Continue reading
UK | Nissan new hatchback will create 1,000 jobs
Japanese car giant Nissan is to build a new hatchback at its UK plant, creating more than 1,000 jobs at the site and at component companies. The announcement was made by Prime Minister David Cameron and Nissan chief operating officer Toshiyuki Shiga, during a visit to Nissan’s headquarters in Yokohama, Japan on Tuesday. The new … Continue reading
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