Job Market Monitor
Michel Cournoyer
Council Jobs in UK – More than 20000 to be cut says union
Plans are underway to cut more than 20,000 jobs at 26 councils, a survey by the GMB union has found.The union says the cuts, coming on top of 900,000 public sector jobs lost since 2010, means that essential public services are being cut to the bone. Figures published by the Office of National Statistics show … Continue reading
Cycling Industry in Europe – It has created 650,000 jobs
Cycling industry employs more people than mining and quarrying with potential for a million jobs by 2020, says new study Europe’s cycling industry now employs more people than mining and quarrying and almost twice as many as the steel industry, according to the first comprehensive study of the jobs created by the sector. Some 655,000 … Continue reading
JPMorgan – To cuts 8,000 more mortgage and card jobs
JPMorgan Chase & Co. expects to eliminate 8,000 more jobs this year in mortgage and community banking than it forecast 20 months ago as profit and revenue from the businesses drop. What’s happened is that refinancing activity has fallen way off as super-low interest rates pulled forward refi demand, and depleted normal rates to come. … Continue reading
EU Court of Justice – Countries can exclude jobless immigrants from getting welfare
Europe’s top court has ruled that European Union countries can block jobless immigrantsfrom receiving welfare benefits. The so-called ‘welfare tourism’ case involved a Romanian woman, 25-year-old Elisabeta Dano, who had applied for, and been denied, unemployment benefit in Germany on the grounds that she was not actively seeking a job. She had received child benefits … Continue reading
Canada – For a ‘Just Say No’ policy toward the unpaid positions
After years of official silence on the employment issues faced by young adults, the comments by both Mr. Poloz and Mr. Oliver represent progress. Finally, the issue has pushed its way into a political culture that has endless time for families and seniors, but never mentions young adults. Now, the question is how to keep … Continue reading
Veteran in US – The 100,000 Jobs Mission on track by the end of 2014 to beat its own goal
One alliance to boost veteran employment is on track by the end of 2014 to beat its own goal – by five years – of hiring at least 200,000 U.S. military veterans, according to a report released Monday commissioned by RAND and JPMorgan Chase. Known as the 100,000 Jobs Mission, the coalition consists of 179 … Continue reading
Reference Search on LinkedIn – A lawsuit on recruiters contacting coworkers of candidates
Social network LinkedIn faces a class-action lawsuit over a premium search feature on the website, in which an applicant’s co-workers from their work history are identified and may be approached. The lawsuit, Sweet v. LinkedIn, alleges ‘Reference Search’ prevented employment opportunities for plaintiffs Tracee Sweet, Lisa Jaramillo, James Ralston and Tiffany Thomas, The New York … Continue reading
Career Advice in UK – Only half (50%) of 14 – 24 year olds have had it, 79% found it useful
Parents and young people do not feel that they have access to useful careers advice and that more needs to be done to help young people make informed choices into careers as a professional. The survey of 2,448 14-24 year olds and their parents shows that whilst there are high levels of awareness about different … Continue reading
Apprenticeships in UK – 57 per cent said that it makes ‘very employable’, more than History, English or Foreign Languages degree
A degree is no longer the golden ticket to a career it once was and with increased tuition fees it’s an expensive way to find out what you don’t want to be. Encouragingly, in research just released by the Edge Foundation and City & Guilds, it is clear that parents are making the connection between … Continue reading
World Economic Forum – Joblessness and Inequality head the Top 10 trends for 2015
Deepening income inequality and jobless growth head the Top 10 trends for 2015, according to the Outlook on the Global Agenda, which is published today. These long-standing economic challenges are joined in this year’s survey by growing political and environmental concerns. The trends are based on a survey of almost 1,800 experts from the Forum’s … Continue reading
UK – The flipside of the coin on immigration is a welfare system that rewards work, David Cameron says
Mr Cameron suggest more needed to be done to the benefits system to persuade people living in the UK to take jobs on offer. He said: ‘We need to have proper immigration control. We need to do more, both outside the European Union and, frankly, inside the European Union. ‘But the flipside of the coin … Continue reading
Mobility in US – More-educated people moving and less-educated staying
Between 2012 and 2013, more than 26.7 million people age 18 and over moved — 17.3 million of them to a different county. Those in their 20s and 30s with a college degree were most likely to move for job reasons and to move the farthest. In that period, people poured out of declining cities … Continue reading
UK – 35% of UK jobs are at high risk from automation over the next two decades finds Deloitte UK
Our London Futures insights series focuses on the London economy and what it needs to do to maintain and reinforce its position as a leading global business hub. Our latest report in the programme, Agiletown: the relentless march of technology and London’s response, focuses on the challenges and opportunities that technology presents to London. The … Continue reading
Gender Jobs Outlook – Widest gap in the Americas finds Gallup
The global jobs outlook remained about as dismal in 2013 as it was in 2012, and it was even more so for women than for men in some parts of the world. While men and women in most regions were more likely to say it was a bad time than a good time to find … Continue reading
US – The most prestigious professions
What jobs do Americans consider the most prestigious? According to The Harris Poll, the majority of adults would encourage their children to pursue a career in engineering. However, doctors, military officers and firefighters are actually seen as the most prestigious professions in the United States. Doctors come first for prestige – 88 percent of US adults … Continue reading
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