Euro zone unemployment just hit a 15-year high. German unemployment just hit a 15-year low. What can those of us across the Atlantic glean from this seemingly bipolar state of affairs? That austerity, every economic conservative’s favorite prescription for an ailing economy — the medicine Republicans here in the United States are pushing hard — is … Continue reading
India and UK on Monday agreed to remain fully committed to resolving the remaining issues and work towards concluding a mutually beneficial India-EU Broad based trade and investment agreement at the earliest. A joint press statement by the Chancellor of the Exchequer of UK, George Osborne, and Finance Minister Pranab Mukherjee after the fifth round … Continue reading
Axe to fall on public service Wednesday, say unions The axe hovering over the head of Canada’s public service is expected to begin falling Wednesday when thousands of public servants will receive notice their positions with the federal government are being eliminated. Unions representing government employees say the workforce-adjustment notices have begun “pouring in” from … Continue reading
It is expected that India would become the third largest defence spender after the US and China by 2014. Equipment spending by MoD increased at 15% – 20% over the last five years, and is expected to continue growing at least in the mid-term. With several large equipment and modernization programs in the pipeline, analysts … Continue reading
Dow Chemical will cut 900 jobs and shutter plants on three continents because of weakness in Europe, which may soon tip back into recession of it has not done so already. Dow was ravaged during the global and economic crisis that struck four years ago, cutting more than 10,000 positions then. CEO Andrew Liveris has … Continue reading
About one in three young Arab women between the ages of 23 and 29 participate in their country’s labor force versus about eight in 10 young Arab men. This gender gap is generally consistent across the 22 Arab countries and territories Gallup surveyed in 2011, but young women’s labor force participation is slightly higher in … Continue reading
“It’s fitting that 2012 is a leap year, since a number of converging market trends are driving HR organizations to make significant leaps in capabilities and performance. HR faces a critical, dual imperative in 2012 — a focus on enabling both their organization’s overall growth agenda and on driving efficiency in the business of HR. … Continue reading
The socioeconomic status of a child’s parents has always been one of the strongest predictors of the child’s academic achievement and educational attainment… Students in the bottom quintile of family socioeconomic status score more than a standard deviation below those in the top quintile on standardized tests of math and reading when they enter kindergarten… These differences … Continue reading
These ten tips can help tech professionals optimize their resumes in order to nab that great gig. 1. Understand Attention Spans 2. Make It an Appropriate Length 3. General Summaries Bad, Technical Summaries Good 4. Dates Matter 5. Highlight Accomplishments, Not Just Job Functions 6. Quality Writing Still Matters 7. Use Action Verbs 8. There … Continue reading
Nick Clegg is today launching his £1bn flagship scheme to get young people into work amid accusations that the government has been complacent over youth unemployment. The Deputy Prime Minister – who has championed the plan in the coalition – will say the start of the Youth Contract offers a route into work for young … Continue reading
Australia is changing its immigration policy to attract more skilled workers from the US to fill posts in its booming mining and gas industries. Currently, workers who are moving to Australia have their skills assessed when they arrive. That can take months and there is the risk of rejection if their skills do not meet … Continue reading
Joseph Green wonders if he has a target on his back — and if it’s about to get bigger. The Springfield man said he sometimes feels as if he’s being labeled as a second-class citizen because he has been out of work for nearly two years. But with state legislators considering tougher rules and more … Continue reading
“The recession didn’t gut the prospects of American young people. The Baby Boomers took care of that” writes Stephen Marche on esquire.com. Twenty-five years ago young Americans had a chance. In 1984, American breadwinners who were sixty-five and over made ten times as much as those under thirty-five. The year Obama took office, older Americans … Continue reading
“European unemployment increased to the highest in more than 14 years in February as companies from Spain to Italy eliminated jobs to weather the region’s crisis” writes Bloomberg. The euro area (EA17) seasonally-adjusted unemployment rate was 10.8% in February 2012, compared with 10.7% in January. It was 10.0% in February 2011. The EU27 unemployment rate was 10.2% in February 2012, compared with 10.1% in January. It … Continue reading
Baltic boom busts as mass unemployment spurs brain drain – YouTube.