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Europe | Tech Skills Gap a Myth?
It’s often claimed we are suffering an IT skills crisis of epic proportions: just recently the European Commission announced that by 2015 there will be an estimated shortfall of 700,000 IT professionals across Europe. And yet, academics have told TechRepublic there is little hard evidence of a shortage of IT workers, as neither pay levels nor … Continue reading
Jobs Search | Call Employers
Here are the tips for cold-calling that I got from my career counsellor: Go through the Yellow Pages and make a list of businesses you think you might enjoy working for. I found this pretty fun and encouraging, because it made me realize just how many businesses there are in Charlottetown that fit what I’m … Continue reading
Germany | Low Youth Unemployment
The protracted European debt crisis and austerity measures have made career prospects for many of the continent’s youth bleaker than ever. In Spain and Greece, nearly half of all those under age 25 are unemployed. But … that’s not the case in Germany. In stark contrast, Germany’s youth employment is the highest in Europe, with … Continue reading
The 1996 Welfare Reform and the Great Recession
The chart below puts these changes in a broad historical perspective. I used annual tables from the Bureau of Labor Statistics on employment among women by marital status for all women 16 and over (the tables are not separated for heads of households and spouses, as I did for my 2007-10 analysis). Source: Bureau of … Continue reading
UK | Skilled migrant cap frozen for two years
The British government has bowed to pressure from business by pledging to freeze the cap on the number of skilled workers allowed into the UK for two years. The annual limit on skilled workers from outside the European Economic Area will remain at 20,700 until April 2014, the Home Office said on Wednesday. Independent advisers … Continue reading
India | Infosys creates 10,000 jobs in Kerala
Infosys Limited, India’s second largest IT company, Wednesday signed an agreement with Technopark for 50 acres of land for setting up a second campus in Technocity near here. The agreement was signed by Infosys Senior Vice President H R Binod and Technopark CEO KG Girish Babu in the presence of Chief Minister Oommen Chandy. Infosys … Continue reading
Canada | Layoffs begin for civilian defence workers
More than 1,000 civilian workers at the Department of National Defence will be told Wednesday that their jobs no longer exist. The cuts will hit affect Quebec and Ontario the most but the reductions will be felt across the country. At this point the jobs of 1,119 employees at DND have been identified but more … Continue reading
India | Robust hiring activities and 12% pay hike
Indicating a robust uptrend in the job market, a survey today said that 84 per cent of companies in India will ramp up their hiring activities this year and employees can look forward to an average pay hike of more than 12 per cent across most of the sectors. According to the survey conducted by … Continue reading
Canada Budget 2012: Federal Government Job Cuts and Grads
With the Harper government promising to slash 19,200 federal public service jobs, there is one group of people who stand to lose the most — the students and graduates working to become the next generation of civil servants. It’s a reality Sean O’Brady is acutely aware of as federal layoff notices go out this week, … Continue reading
U.S. | 2011 Employment Situation of Veterans : Unemployment Rate drops to 8.3 % (from 8.7 % in 2010)
The unemployment rate for veterans who served on active duty in the U.S. Armed Forces at any time since September 2001–a group referred to as Gulf War-era II veterans–was 12.1 percent in 2011, the U.S. Bureau of Labor Statistics reported today. The jobless rate for all veterans was 8.3 percent. Twenty-six percent of Gulf War-era … Continue reading
Active Labour Market Policy | Profiling potential long-term unemployment at the individual level
“Many OECD countries have developed and currently utilise a profiling tool which predicts the risk of Long-term unemployment (LTU). Pioneers in the development of this tool in the early 1990s included the US, Australia, Canada and the UK followed in later years by Germany, Denmark, Switzerland, Ireland, France and the Netherlands amongst others” writes Mgr. Tomas … Continue reading
College graduates of 2012 | Labor market improves
This year’s college graduates are being offered more jobs and fatter paychecks. Members of the Class of 2012 are being offered median starting salaries of $42,569 — up 4.5% from last year, a new report from the National Association of Colleges and Employers shows. Meanwhile, they have more jobs to choose from. Employers expect to … Continue reading
Skills Gap | Car Maker | More jobs than job seekers
After laying-off tens of thousands of employees in 2009, automakers and engineering firms are racing to fill new positions. Paul Eisenstein writes on The Detroit Bureau that at a recent career fair, job openings weren’t in short supply – job seekers were. Or more precisely, qualified job-seekers. Source: Read More @ More jobs than job seekers, … Continue reading
Tennessee | Drug Testing For Unemployment Dies
While a number of Tennessee lawmakers want to see drug testing for unemployment benefits the bill stalled in the House, even after a Congressional path was cleared for it. The controversial question of drug testing residents before handing out unemployment benefits has been a hot button topic in the legislative session. State Lawmakers got their … Continue reading
Migration: less New York more New Delhi
Everyone is moving to the city – and, especially, emerging market cities. According to a report by Credit Suisse this week, by 2037 half of the world’s population will live in one emerging market city or another. So where should investors look to first if they want to capitalize on this trend? Apparently the smart … Continue reading
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