THOUSANDS of jobs are at risk after DVD rental firm Block-buster UK yesterday became the latest high street chain to go into administration. The company, which employs 4,190 staff, including more than 300 in Scotland, follows music retailer HMV, which called in administrators earlier this week. The Uxbridge-based business, which opened its first store in … Continue reading
Wal-Mart Stores (WMT +0.17%) isn’t planning to hire more than 100,000 veterans over the next five years out of the goodness of its heart, but that is not necessarily a bad thing. As Matthew Yglesias at Slate notes, “Wal-Mart is anticipating that demand conditions will warrant them adding a fair amount of staff over the … Continue reading
“While the U.S. economy has shown some signs of recovery—the U.S. unemployment rate has dipped below 8 percent from 10 percent three years ago—the economic outlook for many working families is bleak” write Brandon Roberts, Deborah Povich and Mark Mather New in LOW-INCOME WORKING FAMILIES: THE GROWING ECONOMIC GAP (Adapted choosen excerpts by Job Market Monitor to follow) Data from the U.S. … Continue reading
“Unemployment insurance programs insure workers against the risk of lost income if they lose their job through no fault of their own. In the U.S., the program is run at the state level. Each state sets its benefit level and eligibility criteria, and finances these benefits through payroll taxes.2 ” write David L. Fuller, B. Ravikumar and … Continue reading
World-renowned Cirque du soleil will be meeting with staff Wednesday amid reports that up to 600 people could be laid off. Renee-Claude Menard, Cirque’s senior director of public relations, said on Tuesday she would not comment about layoff speculation until the staff meeting. However, she confirmed the famed organization is conducting a major review of … Continue reading
Hundreds of thousands of people come to Canada as immigrants every year, but fewer are actually becoming citizens. Internal Citizenship and Immigration documents obtained through an access to information request show only 2.9% of immigrants who gained permanent residency in Canada in 2008 had actually become citizens by the time they were generally eligible to … Continue reading
Plans to cut 830 jobs, raise council tax and close libraries have been announced by Manchester City Council in a bid to address a funding gap of £80m. The proposals could also see bus lane fines “more actively” pursued, bonfire events stopped and departments merged. The job losses follow the cutting of 2,000 posts in … Continue reading
BUILDING products maker Boral will shed 700 jobs as part of a major restructure aimed at helping it weather the effects of Australia’s gloomy housing market. The cuts are the result of a 100-day review by new chief executive Michael Kane, who said most of the job losses would be among management ranks and back … Continue reading
European MPs have approved “daft” proposals for companies to help those worse affected by redundancies into new jobs, in a move that will intensify tension between the EU and Britain over unnecessary red tape. The European Parliament report, drawn up by Spanish socialist MEP Alejandro Cercas, calls for new rules requiring any single company with … Continue reading
Santo Domingo.- Dominican Republic’s tourism sector needs as many as 100,000 skilled workers, for which the hoteliers and tourism businesses grouped in Asonahores call a great contribution the planned training center, to be sponsored by the Avignon Hotel School. Asonahores vice president Arturo Villanueva said the hotel trade and pastry school will be built in … Continue reading
While people earning STEM degrees has been on the uptick in the past two decades, a more recent Census report shows that most of the degrees in computer, math, statistics, and engineering disciplines are still going to foreign-born residents, primarily to those from China and India. Below are some interesting facts (many referring to the … Continue reading
State minorities development minister Naseem Khan on Monday asked officials to give priority to people from the minority communities for government and semi-government jobs. Observing that the representation of the minorities in such jobs continued to be low, Khan said that instructions to give jobs to minorities on priority had been issued to the state … Continue reading
Hundreds of workers at Bulgaria’s State-owned arms manufacturer VMZ Sopot must be laid-off in order for the company to be privatized, Bulgarian Prime Minister, Boyko Borisov, says. According to Borisov, cited by Darik radio, 700-800 employees will have to go because no potential buyer will want to acquire the plant with the current 3 200 ones. … Continue reading
A recent poll of UK CEOs has uncovered a worrying neglected generation of older workers. This new research, commissioned by Skillsoft, reveals that 92% of UK business leaders openly admit they don’t invest in training and development for employees over the age of 60. With many employees now choosing to work past the traditional retirement … Continue reading
Of the 8.8 million jobs lost in the U.S. economy, a whopping 2.2 million were in construction. Most of those jobs have yet to come back. Some construction firms expect to hire more workers in 2013, but don’t call it a comeback just yet. About 31% of construction companies plan to hire workers this year, … Continue reading