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Montreal / Electronic Arts hit by layoffs

Update: An EA representative provided the following statement to IGN: “EA Montreal is a key development studio where our long-term plan is to sharpen our teams’ focus on console and mobile games.” EA has laid off staff in Los Angeles, Montreal and “smaller locations.” In a post on EA’s official site, EA Labels president Frank … Continue reading

Indonesia / Minimum Wage / At least 500,000 workers in about 1,500 companies across the country might lose their jobs Employers Association says

Indonesian Employers Association (Apindo) chairman Sofjan Wanandi said that at least 500,000 workers in about 1,500 companies across the country might lose their jobs in March as the companies were no longer able to pay their workers in accordance with the new minimum wages. “I think half a million is the smallest figure we are … Continue reading

Ireland / Government plans ‘disruptive reforms’ for employment

The Government has promised a series of “disruptive reforms” as part of a new employment promotion scheme launched this morning. The plan contains 333 actions to be implemented in 2013 by 16 Government departments and 46 agencies. Under the Action Plan for Jobs 2013, the State will pay €1 for every €4 it will cost an employer … Continue reading

UK / Poll shows public support Living Wage as minimum wage standard,even if it costs jobs

The Living Wage has been one of the key tenets of Ed Miliband’s leadership of the Labour Party, and was one of his keynote policies during the leadership contest. But Miliband has always argued that the Living Wage should be different from the minimum wage – and the Resolution Foundation/IPPR agreed. I still thought that … Continue reading

US / Unemployment claims rise in latest week

The number of Americans seeking unemployment benefits jumped 20,000 last week to a seasonally adjusted 362,000, though it remained at a level consistent with modest hiring. The Labor Department said Thursday that the four-week average, a less volatile measure, rose 8,000 to 360,750, the highest in six weeks. A department spokesman said heavy snowstorms in … Continue reading

Eurozone / Panic-driven austerity: the more intense the austerity, the larger is the subsequent increase in the debt-to-GDP ratios study finds

“How well did this panic-induced austerity work?” “Some will say that this is the price that has to be paid for restoring budgetary orthodoxy. But is this so?” Those are the questions asked by Paul De Grauwe andYuemei Ji in Panic-driven austerity in the Eurozone and its implications. (Quotes to follow) We provide some answers in Figures … Continue reading

US / No Momentum in Quality Jobs Market Gallup Finds

Americans continue to think it is hard to find a quality job in February, with 23% saying now is a good time to find one. But this is on par with the 25% who said the same in January, which was the highest Gallup has measured since March 2008. Chosen excerpts by Job Market Monitor … Continue reading

Netherlands / Gloomy Figures: Unemployment rate reaches 7.5%

A string of gloomy figures from the national statistics office CBS on Thursday show the Dutch economy is still in crisis. The jobless rate in January hit 7.5%, the CBS said, a rise of 0.3 percentage point on December. Over the past three months, an average of 19,000 people have joined the ranks of the … Continue reading

US / Politics / The Obama ‘recovery’: more dependence

A strange and disturbing new social pattern is unfolding before our eyes in America today: growing dependence on government handouts in the face of declining unemployment rates. Though we are now preparing to enter into the fourth year of recovery from our Great Recession, the roster of Americans seeking and obtaining entitlement benefits from our … Continue reading

North Carolina / GOP Governor Signs Unemployment Insurance Reforms

Gov. Pat McCrory Tuesday signed into law a bill that would rework the state’s unemployment insurance system. House Bill 4 increases taxes for some employers, shortens the number of weeks an unemployed worker is eligible for benefits, and reduces the maximum benefits such a person can receive. The action by the GOP governor came as … Continue reading

Testimonies / Unemployment stories: Hello from the underclass

The real unemployment rate in southwest Detroit is almost 50%. Seventeen rural South Carolina counties just closed their unemployment offices due to budget cuts, despite high unemployment. In New York, unemployed people say they’re being discriminated against in job searches. The life of the unemployed American is not easy. Each week, we bring you true … Continue reading

Australia / Unemployment (Infographics)

These two infographics (JMM: only one of them here) provide a visual snapshot of the state of unemployment and income support payments in Australia, as well as providing a clearer understanding of how well the Job Services Australia system works to support people in finding jobs. Jobs Australia plan to create a series of infographics … Continue reading

Spain / Thousands of striking Iberia workers protest layoffs

Thousands of striking workers of Spanish flag-carrier Iberia protested noisily in Madrid Wednesday, furious at management’s plans to cut 3,800 jobs following its merger with British Airways. To the din of horns and smoking firecrackers, workers massed outside the company’s headquarters, waving red and yellow Spanish flags and signs such as “Get your dirty hands … Continue reading

Volvo / 1,000 new layoffs for 2013

Volvo Car Corporation announced on Wednesday it would cut about 1,000 jobs and slash $237 million in costs by the end of this year. The Swedish automaker wants to reverse recent losses caused by weak sales in Europe. Volvo CEO Hakan Samuelsson told Swedish public television SVT that 1,000 consultants and white-collar workers would need … Continue reading

Arab Spring Crisis / About lack of jobs says World Bank Chief

In an interview with RT the World Bank Group President, Jim Yong Kim touched on some key global problems: ending poverty and increasing the private economic sector, fighting global warming and ending the political crisis in Mali. *-* RT:So you are continuing the WB’s mission to fight world poverty, it’s actually a policy that has … Continue reading

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