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Swiss economy shrinks

The Swiss economy unexpectedly shrank in the second quarter as the euro zone crisis caught up with a country that had seemed relatively immune to its neighbors’ woes, providing further justification for the central bank’s cap on the strong franc. The surprise 0.1 percent contraction mirrors emerging evidence in Sweden, another euro outsider whose currency … Continue reading

India – Vocational Education Qualifications – The need to change the mindset of parents

Launching the pilot project on National Vocational Education Qualifications Framework (NVEQF) in Haryana, union Human Resource Development Minister Kapil Sibal emphasised the need to change the mindset of parents to promote vocational education in the country. “India is a country of youth. There is a need to give them such education, which may get them … Continue reading

Vocational Education – Renewed Respect

Remember the days of the candy-colored tangerine flake streamline baby, when backyard mechanics could customize their cars? Try that nowadays, warns mechanic Chip Bissey, of J and C Auto in the Northeast. “You’re going to wind up shorting out a computer or something like that and one cross of a wrong wire and you’re out … Continue reading

Germany – Merck KGaA – To eliminate 1,100 jobs

German drug maker Merck KGaA is to eliminate one out of every 10 jobs in its home country. Merck said Tuesday it would cut 1,100 of the 10,900 positions in its home country. It signed an agreement with employee representatives about the cost cuts. The company will try to find the cuts through either not … Continue reading

Spain – Unemployment benefits Claims Up as Public Jobs Vanish

The number of people claiming unemployment benefits in Spain rose by 38,179 in August from the previous month to a total of 4,625,634. Employment Ministry spokeswoman Engracia Hidalgo said although the monthly rise in unemployment was bad news, the increase was the smallest since August 2006. Unemployment among young people under the age of 25 … Continue reading

6 challenges for American worker

The Detroit Free Press looks at some of those challenges. Not enough jobs Long-term unemploymen Retirement anxiety Crummy jobs Bad bosses Decline of union via 6 challenges affecting the American worker – USATODAY.com.

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