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Canada | Budget | CBC to cut 650 jobs over three years
CBC/Radio-Canada will eliminate hundreds of jobs, cancel some programs and boost ads as part of cost-cutting measures to cope with planned budget cuts outlined in the recent federal budget, the public broadcaster announced Wednesday. We’ve made “gut-wrenching choices,” CBC president and CEO Hubert T. Lacroix said during a townhall meeting for CBC employees. Lacroix said … Continue reading
U.S. | Who is really creating job ?
For the last four decades, U.S. corporations have been sinking our economy through the off-shoring of jobs, the squeezing of wages, and a magician’s hat full of bluffs and tricks designed to extort subsidies and sweetheart deals from local and state governments that often result in mass layoffs and empty treasuries. We keep hearing that … Continue reading
Toronto | School Board cuts over 300 jobs
The Toronto District School Board has voted to eliminate 200 high school teaching jobs, 134 office staff and 17 elementary vice-principals. The cuts are meant to help the Board deal with a $85-million budget shortfall in 2012-13. There are reports that the board could face an additional $25 million on top of the $85 million … Continue reading
Canada | Labour Market roars back in March
Following four months of little change, employment increased by 82,000 in March, mostly in full-time work. This brought the unemployment rate down 0.2 percentage points to 7.2%. Compared with 12 months earlier, employment was up 1.1% or 197,000. Almost all of this growth was in full-time employment, up 181,000 (+1.3%), while part-time employment edged up. The total number of hours worked rose 1.6% over the same period. … Continue reading
U.S. | Odds of finding a job decreases substantially with the length of time spent searching
“The length of time the jobless spent searching for work before finding a job increased from 5.2 to 10.4 weeks between 2007 and 2010, edging down to 10.0 in 2011; for the unemployed who eventually quit lookingand left the labor force, duration also increased sharply between 2007 and 2011, from 8.7 to 21.4 weeks” write Randy E. … Continue reading
U.S. | Occupational Outlook Handbook 2012–13 edition
“It can be difficult choosing a career. When planning for the future, knowing which occupations are expected to grow—and which aren’t—is valuable information” writes the US Bureau of Labor Statistics. (Adapted Excrpts by Job Market Monitor to follow) The Occupational Outlook Handbook (OOH), published every 2 years by the U.S. Bureau of Labor Statistics (BLS), features … Continue reading
Australia | Skills Gap | Still Needing US Workers
There is a “healthy” number of apprentices in the construction industry of a “very high quality” in Australia, industry and training groups have assured, despite the fact the government announced plans to meet a skilled workers shortage earlier in the week. On Monday the Federal Skills Minister Chris Evans announced that the government will link … Continue reading
U.S. | Older workers capture more new jobs
Older workers are snaring an outsized share of job gains in the economic recovery as they put off retirement amid shrinking nest eggs, changes in Social Security benefits and improved health. They’re not necessarily limiting the pool of jobs for younger workers, says Dean Maki, chief U.S. economist for Barclays Capital. More-experienced employees are often … Continue reading
Israel | 20% jump in unemployment after a switch to the OECD harmonized definition
Israel’s top economic officials were utterly bewildered by the 20% jump in unemployment after a switch to the OECD harmonized definition. Since last weekend, when the change was revealed, none of the country’s leading economists has been able to explain how a different measuring method jacked up the numbers. On Monday the head of the … Continue reading
Oklahoma | Google announces 50-job expansion
Google plans to double its server capacity in Oklahoma and add 50 new jobs when it builds a new facility in the state, company officials announced Wednesday. The new facility will be built next to the $600 million data centre Google opened near Pryor last fall, said data centre operations manager Mike Wooten. Google will … Continue reading
What Employers Want from the Long-Term Unemployed – Brent Rasmussen – Harvard Business Review
We often hear from job seekers: “If I have the necessary skills and experience, why am I not hearing back from more companies?” It’s a fair question, especially for the more than five million workers who’ve been unemployed for six months or longer (more than 40 percent of all unemployed job seekers). Struggling to get … Continue reading
U.S. | Inequality seen as a Major Problem in survey
A new Harris Poll examines the issue of inequality and whether or not it has potential traction in the presidential and congressional elections this fall. The results show that it could well be an important issue because a majority of Americans believe that inequality is a “major problem” and that it is important “that the … Continue reading
Older Workers | Swedih Companies | Among the worst
Despite a large share of Sweden’s senior work force en route for retirement in the next few years, Swedish companies are among the worst in the world at recruiting and keeping people over fifty in employment. According to a study carried out by recruitment agency Manpower, only eight percent of Swedish employers have a strategy … Continue reading
ADP | Businesses add jobs
Businesses added more than 200,000 jobs in March, giving fresh evidence of recovery in the labor market, data showed on Wednesday. The ADP National Employment Report showed the private sector added 209,000 positions last month, slightly above economists’ expectations for a gain of 200,000 jobs. Analysts said it did not change their forecasts for the … Continue reading
Gallup | Job market conditions in March: best level since August 2008
U.S. job market conditions in March reached their best level since August 2008, with Gallup’s Job Creation Index now at +18, up from +14 in February. This four-percentage-point increase is the largest one-month jump in the index that Gallup has recorded since instituting the measure in 2008. Source: Source: Read more @ Hiring at U.S. Workplaces … Continue reading
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