The U.S. Equal Employment Opportunity Commission voted Wednesday to revise its long-standing guidance to employers on how to properly evaluate job applicants’ criminal histories in pre-employment screening. The issue became a controversy because an estimated 65 million Americans have some type of criminal record, which can make it very difficult to get a job. Researchers … Continue reading
Top U.S. tax preparer H&R Block said it was looking for a new finance chief, and that it would close about 200 underperforming company-owned stores and eliminate 350 full-time positions, its second round of store closures and job cuts in three years. Shares of the Kansas City Montana-based company, which cut 400 jobs and shut … Continue reading
Shortages of skilled labour – in fact, any labour at all – in mining regions drives wages and salaries to stratospheric levels, in turn bidding up prices for accommodation, food and local services. This makes life very difficult for individuals and families who do not benefit directly from inflated incomes and yet also face inflated … Continue reading
Following the 1300 jobs cuts it announced worldwide, Helsinki, Finland-based IT services company Tieto Corporation is looking to provide full lifecycle of IT services in consulting and system integration, along with product engineering. Out of its 18000 global workforce, 1700 or about 10% work in India, where it will not cut jobs, but will focus … Continue reading
Based on notification from the U.S. Department of Labor, North Carolina is no longer eligible for the Extended Benefits program. The last payable week of the Extended Benefits program will be the week ending May 12, 2012. Workers who file their claim through the Extended Benefits program will no longer be eligible to receive extended … Continue reading
A regional transportation advocacy group should target large manufacturers, trucking companies and warehouses in the GTA to sell them on moving west to get out of gridlock. That’s one of the recommendations of a new report laying out the action plan for the next three years of TransHub Ontario. The year-old group aims to capitalize … Continue reading
A Pentagon official signaled on Wednesday that the Army could lay off as many as 24,000 enlisted personnel and up to 5,000 officers within five years to meet a projected reduction in the force driven by budget cuts and the winding down of two wars. Pressed on the possibility of involuntary terminations, Thomas Lamont, an … Continue reading
Zurich Insurance has confirmed it will cut 342 jobs at five of its UK offices. The majority will be cut from its headquarters in Whiteley, Hampshire, with staff in Farnborough, Cardiff, Glasgow and Leeds also at risk. The insurer also plans to cut another 51 jobs at its Indian call centre in Pune by 2014. … Continue reading
The Canadian economy could grow at a slower pace, and have 108,000 fewer jobs as the federal government cuts more than $5 billion in spending and eliminates the deficit by 2015, according to a report from Parliament’s spending watchdog. The economic and fiscal outlook from Parliamentary Budget Officer Kevin Page, released Wednesday morning, also predicts … Continue reading
In the last years the idea that higher education can actually be considered a bubble took shape and is increasingly brought to debate. In more and more countries there are dozens of students graduating and instead of entering the workforce, they go straight to unemployment. With some notable exceptions (like Computing, Medicine etc.) there are … Continue reading
It’s too soon to tell how many layoffs will be coming to the Orion bus manufacturing facility, a Daimler spokeswoman said today. The company announced this morning it would cease bus manufacturing operations in North America. A similar facility in Mississauga, Canada, will be closed, while certain operations will be continued out of the company’s … Continue reading
About 450 employees are facing layoff from their jobs with the Indianapolis offices of Aurora Bank FSB, a financially-troubled mortgage servicer that has been for sale. The Delaware-based bank and mortgage institution, a division of financially-troubled Wall Street firm Lehman Brothers, filed a letter warning of the job cuts that was posted today on the … Continue reading
Targacept is slashing its workforce by nearly half, part of a restructuring plan that comes one month after its lead drug candidate, a depression drug, failed the last of a series of phase 3 clinical trials. The company is laying off 65 employees, approximately 46 percent of its staff. Also departing the company will be … Continue reading
Business software solutions provider Progress Software Corp. (PRGS: News ), Wednesday revealed new restructuring plans to divest ten of its non-core product lines and layoff about 10 to 15 percent of its total workforce. The Bedford, Massachusetts-based company deemed the the new steps as necessary to improve profitability and shareholder value. The company also authorized … Continue reading
During the last several years, Congress and the Obama administration have made significant cuts to federal student aid funding to shore up the budget of the Pell Grant program, the primary source of government aid to low-income students. But in a new Education Sector Chart You Can Trust, Stephen Burd argues that the federal government … Continue reading