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China / The Rumored Middle Class
Rumors of a rising Chinese middle class have been touted widely. However, the evidence supporting these claims remains conflicting at best. The “middle-class” jobs outsourced from the United States have not necessarily translated to “middle-class” jobs in developing nations, especially in China. Defining the middle class has always been a difficult venture, but on several … Continue reading
Texas / Pharr call center to add 1,000 jobs
Convergys plans to hire 1,000 new full-time customer service representatives at its Pharr call center, nearly quadrupling the number of employees there. The call center company, which fields customer service calls for clients including DirecTV, Macy’s and Cigna, a health insurance company, will host a job fair Tuesday for the positions. About 350 employees now … Continue reading
The 100 richest people income of last year would be enough to end extreme poverty four times over says OXFAM
The vast fortunes made by the world’s richest 100 billionaires is driving up inequality and hindering the world’s ability to tackle poverty, according to Oxfam. The charity said the accumulation of wealth and income on an unprecedented scale, often at the expense of secure jobs and decent wages for the poorest, undermined the ability of … Continue reading
Bali / Tripartite committee to recommend minimum wage
The Bali provincial administration plans to set minimum wages on the island based on the business sector by the end of this year, saying that the policy would ensure better livelihoods for workers on the island. “The provincial administration is willing to issue this regulation by the end of 2013 and therefore it can be … Continue reading
Ireland / Sky to create 500
RUPERT Murdoch’s Sky has announced plans to invest €1bn in the Irish economy in the next five years with cash earmarked for 500 new jobs by July as well as investment into its retail network. Most critically for Irish business, a new broadband service will be introduced, which is set to increase competition in the … Continue reading
Australia / Aborigines / Private sector closing jobs gap as indigenous work rises
BOLD policies to close the gap between black and white Australia in employment are working, with new data revealing that employment growth for Aborigines has increased dramatically, mainly in remote areas via the private sector. A paper to be released by the Centre for Aboriginal Economic Policy Research at the Australian National University offers the … Continue reading
UK / Blockbuster: 760 jobs to go
Collapsed DVD and games rental firm Blockbuster is to close 129 of its 528 stores in the coming weeks and make 760 of its 4,190 employees redundant , its administrator confirmed today. Thirty-one stores have already been put on notice of closure with a number of closing-down promotions announced. Lee Manning, of administrator Deloitte, said: … Continue reading
China / Working-age population shrank in 2012
China’s working-age population shrank in 2012, marking the beginning of a trend that will accelerate over the next two decades and have profound implications for the world’s second-largest economy. By the end of December China’s population aged between 15 and 59 was 937.27 m, a decrease of 3.45m from 2011, according to figures released by … Continue reading
Asians in the United States / Educational attainment and unemployment
A notable characteristic of the Nation’s Asians is their high rate of educational attainment. Fifty-two percent of those ages 25 and older had a bachelor’s degree or higher in the 2008–2010 period, considerably more than the average of 29 percent for non-Asians. In the 2008–2010 period, Asian Indians had the highest levels of educational attainment: … Continue reading
Kazakhstan / ArcelorMittal / 2,000 jobs cut
ArcelorMittal, expects output at its Kazakhstan mill, which relied on Iran for a third of its business before Western sanctions were imposed, to fall again in 2013 and will shed about 2,000 jobs to cut costs. Shipments at the world’s largest steelmaker’s Temirtau site dropped to 2.8 million tonnes last year from 3.2 million in … Continue reading
UK / Worcestershire County Council / To cut another 650 jobs
An extra 650 jobs cuts will not affect front line services according to the leader of Worcestershire County Council. The council has said the jobs will go by 2017, in addition to 850 redundancies it has already announced. Council leader Adrian Hardman said it would be “principally backroom jobs” that will go at County Hall … Continue reading
Australia / Seven out of eight teaching graduates have failed to secure a permanent job
SEVEN out of eight teaching graduates have failed to secure a permanent job with Queensland’s Education Department. As teachers get ready to go back to school, their union warns this year will be one of the worst to attain a job in state schools. Almost 16,000 teaching applicants are seeking employment with the Department of … Continue reading
State Street Plans to cut 630 Jobs
State Street (STT) logged a stronger-than-expected 23% jump in fourth-quarter profits on Friday thanks to higher fees, but the custody bank also disclosed plans to slash more than 600 jobs around the world. Choosen excerpts by Job Market Monitor from via State Street Grows 4Q Net 23%, Reveals Plans to Axe 630 Jobs | Fox … Continue reading
Tulsa / Verizon to add 500 jobs
Verizon will soon add a financial services hub to its Cherokee Industrial Park facility, a move that will add 500 jobs to the area. The announcement was made Friday morning, and scheduled to include an appearance by Gov. Mary Fallin. When complete, Verizon’s financial services hub will handle accounts payable, accounting and other financial activities. … Continue reading
US / Job Gap / President Elected Jobs Council without official meeting for a year
President Barack Obama’s Jobs Council hit a notable milestone on Thursday: one year without an official meeting. The 26-member panel is also set to expire at the end of the month, unless Obama extends its tenure. The group, formally known as the President’s Council on Jobs and Competitiveness, last convened on Jan. 17, 2012 for … Continue reading
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