Job Market Monitor
Archive for
US / Minimum wages raises will benefit nearly 1 million workers in 10 States reports National Employment Law Project
The minimum wage will increase in ten states on Jan. 1, modestly boosting the incomes of nearly one million low-paid workers in Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Rhode Island, Vermont, and Washington. The state minimum wage rates will rise between 10 and 35 cents per hour, resulting in an extra $190 to $510 … Continue reading
US / State of Local Government Pensions: aggregate unfunded liabilities of $574 billion
State government pensions have attracted considerable media and scholarly attention. Less well understood are the nation’s 3,196 locally administered plans. The paper represents a first step toward filling this gap. After reviewing issues common to state and local plans, it summarizes existing data and research on local pensions. Like many institutions now prevalent in state … Continue reading
Skills Gap / Incubator: a possible solution to skilled workers shortage
The skilled manufacturing industry needs to take a page from the local high-tech sector and open a business incubator to help train and retain talent in the region. That’s according to the president of the Conestoga Institute of Technology and Advanced Learning, who spoke to a group of manufacturing industry experts and regional representatives last … Continue reading
New England / Parachute maker Niche Inc warns of 360 layoffs
A New Bedford company that makes parachutes is warning it may have to cut some 360 jobs in February because of an expected drop in defense work. Kenneth Bello, a lawyer for Niche Inc., told the Standard Times of New Bedford that the company does not have enough new military contracts on the horizon to … Continue reading
UK Defence / BAE safeguards 6,000 jobs with Oman military jet deal
BAE Systems has secured a boost for British manufacturing and safeguarded 6,000 jobs after agreeing a £2.5bn contract with Oman for Typhoon and Hawk military aircraft. Britain’s largest defence contractor and manufacturing employer is targeting growth markets such as the Middle East as part of a strategic imperative that has become even more urgent in … Continue reading
Scotland / Statoil to create 700 jobs in North Sea development
Statoil is to invest £4.3bn in a North Sea oil field, bringing hundreds of jobs to the north east of Scotland. The Norwegian company said the investment in the Mariner field was the largest new offshore development in the UK in more than a decade. Statoil expects to start production from Mariner in 2017, pending … Continue reading
Unemployment Extension / Nothing on the table after Republicans pulled Plan B
With 9 days left before extended unemployment benefits expire, there is no new from Washington on an extension. Last night, the Republicans pulled Plan B which did not included reauthorization of federal extended unemployment and there is no other legislation current pending. If an agreement that includes the restoration of federal unemployment benefits isn’t reached, extended … Continue reading
Europe / Brain Drain / Germany pulling away the best and the brightest workers
More than three years into an economic crisis that has threatened to tear Europe apart, one country is still on a hiring spree, and it is pulling away the best and the brightest workers from its neighbors along the way. Thousands of professionals from recession-struck Spain and Greece have been streaming into Germany, where joblessness … Continue reading
India / IT Skills Gap / Only 5% techies are job-ready for cloud computing
While cloud computing is widely recognised as the next big opportunity to watch out for, it has already made significant inroads in the industry. However, the IT workforce may not keep pace with the developments. The industry ready workforce for new domains like cloud and mobility may be as less as 5.7% of the current … Continue reading
American Chinese immigrants / Affluent and educated elites choosing for a better education for their children
Americans may complain about the quality of their schools, but for the most recent wave of Chinese immigrants, it’s the No. 1 draw. According to the 2012 Annual Report of Chinese International Migration published this Monday, China is undergoing a mass migration of its citizens overseas, with the United States being far and away the … Continue reading
Canada / The New Suitable Job Regulation: 8 000 will have benefits temporarily discontinued
It is expected that EI regular claimants will increase their job search effort, which will result in them finding suitable employment and returning to work more quickly in regions where there are suitable employment opportunities. In turn, their time on claim will be shortened. Enhanced compliance measures to ensure claimants are fulfilling their responsibility to … Continue reading
Government can create only government jobs
During the election campaign the need for jobs got attention, but neither candidate took the trouble to explain how, exactly, jobs are created. Contrary to what politicians claim, jobs start not with government but investors. In the wake of election rhetoric, the realities of investment need restating. Investors are people in a position to invest … Continue reading
Older Workers / Strong decision-making skills study finds
While employers often tend to shy away from hiring older workers, they might want to reconsider if they’re looking for someone with strong decision-making skills, a new study finds. Research by the MetLife Mature Market Institute and the Center for BrainHealth at The University of Texas at Dallas revealed that older decision makers were more … Continue reading
Ireland / unemployment rate would be 20% without emigration says IMF
The IMF (International Monetary Fund) in its latest quarterly review of Ireland’s economy and prospects, says that “had all employees who lost their jobs since the outset of the crisis remained in the labour force,” instead of choosing emigration, the unemployment rate would stand at around 20%. The Fund seems to have little confidence in … Continue reading
US / About 29 M employed in offshorable production and services occupations
“Offshoring, also known as offshore outsourcing, is the term that came into use more than a decade ago to describe a practice among companies located in the United States of contracting with businesses beyond U.S. borders to perform services that would otherwise have been provided by in-house employees in white-collar occupations (e.g., computer programmers and … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 