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NXP to layoff 700 to 900
NXP Semiconductors is planning to start a reorganisation process to reduce cost of support services, as a line in this, 700 to 900 jobs hang loose. The majority of the cuts will take place in Europe, although the US and Asia will also see some cuts, reports Tweakers.net The number of layoffs is still uncertain … Continue reading
23 % of Job candidates pulling out of hiring process
Shortlisted job candidates who pull out of the hiring process are hurting company productivity, according to a survey by global talent solutions company, Hudson. Twenty three per cent of the respondents withdrew from the recruitment process, while about a quarter were willing to reject job offers after they had signed on the dotted line. Hudson … Continue reading
Singapore / Young workers are saving more
Contrary to popular belief that young Singapore workers spend more than they save, a survey has found that they save more than their older peers. According to a survey by career builder, JobsCentral Group, 46 per cent of workers who are between 21 and 30 years old said they save more than 20 per cent … Continue reading
Canada / 5.0 unemployed people for every job vacancy
There were 268,000 job vacancies among Canadian businesses in October, compared with 254,000 vacancies in October 2011. There were 5.0 unemployed people for every job vacancy, down slightly from 5.3 one year earlier. The national job vacancy rate was 1.8% in October, unchanged from 12 months earlier. Source: via The Daily — Job vacancies, three-month average ending in October 2012.
UK / 5,300 Soldiers To Lose Jobs
More than 5,000 soldiers will be made redundant in the latest round of job cuts, the Government has announced. The Army will bear the heaviest burden in this third wave of redundancies because the Navy and RAF have already completed most of their necessary cuts. Up to 5,300 soldiers will lose their jobs, although anyone … Continue reading
Asthma at Work / 18 Jobs identified by Study
Almost 10,000 people born in Britain in 1958 were tracked for 15 years and researchers were able to identify which jobs were linked with an increased risk of developing asthma as an adult. It was found that the workplace had a greater influence on adult-onset asthma than smoking, accounting for one in six cases of … Continue reading
Talented Working Mothers: 28 percent of women with Harvard MBAs had left the workforce 15 years after receiving their degree
A 2009 study from University of Califirnia Berkeley Haas School of Business found that 28 percent of women with Harvard MBAs had left the workforce 15 years after receiving their degree. A 2010 study of MBAs from top business schools by University of Chicago Booth School of Business found that hours and labor force participation … Continue reading
A 67 million global jobs gap / The number of unemployed worldwide rose by 4.2 million in 2012
Global unemployment rose in 2012 amid continuing economic insecurity and insufficient policies stifling overall hiring, a new report by the United Nations labour agency has warned, adding that the world’s youth were most vulnerable to the growing job scarcity. In its annual Global Employment Trends report, released today, the International Labour Organization (ILO) notes that … Continue reading
(Update) – Barack Obama’s Second Inaugural Address: Excerpts on Job
No single person can train all the math and science teachers we’ll need to equip our children for the future, or build the roads and networks and research labs that will bring new jobs and businesses to our shores. Now, more than ever, we must do these things together, as one nation, and one people… … Continue reading
UK / 58 per cent for students leaving university in 2012 out of a job or in low-skilled employment
It is feared that the graduate jobs market will barely improve in 2013. The conclusions – in a study by the website CareerMatters.co.uk – comes just days after a separate report found that employers were receiving 56 applications for each graduate job, a seven per cent rise on the previous year. Researchers said that a … Continue reading
Australia / QBE could cut 700 jobs
Hundreds of jobs are under threat at global insurer QBE as it prepares to finalise a massive cost cutting plan. The insurance giant is reportedly considering axing 700 jobs from its Australian workforce as it seeks to slash costs. QBE on Monday refused to confirm how many jobs could go, but noted that it had … Continue reading
Indonesia / End of Moratorium on Hiring Civil Servants but …
The Indonesian government announced on Monday that the moratorium on hiring new civil servants was lifted at the end of December, 16 months after it was instituted, but that stringent recruitment policies would be maintained. Vice President Boediono said that the essence of the moratorium would still be continued — zero growth policy. “The efforts … Continue reading
Everyone knows Starbucks, but who is Opportunity Finance Network
Small business remains the backbone of America, creating more than 65 percent of our new jobs in the past 15 years. Unfortunately, in communities across the country, job growth remains stagnant as small and community-based businesses — critical sources of employment — lack access to the capital they need to create and sustain jobs. Providing … Continue reading
Aluminium / Ormet : 237 still off jobs
Tom Byers is glad Ormet Corp. made it through 2012 without laying off nearly 1,000 employees, but he would like to see the 237 who are out of work return to their jobs. “We have about 600 on the job right now,” said Byers, president of United Steelworkers Local 5724 at the Ormet Hannibal Primary … Continue reading
Romania / Minimum wage to rise to RON 800 / month
The minimum wage in Romania is to rise in two stages this year to reach RON 800 per month (just under EUR 184 at the current exchange rate), according to local news agency Mediafax. Choosen excerpts by Job Market Monitor from Sources: Minimum wage to rise in two RON 50 stages in Romania.
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