Job Market Monitor
Michel Cournoyer
Increase in Life Expectancy – The greatest cultural and scientific advances in our history or a crisis ?
A demographic tool has become an economic one, treating a demographic challenge as both an economic crisis and a basis for pessimism justifying drastic reductions in bedrock government programs, including those supporting children and the poor. Even at state and local levels, the aging boomer demographic is repeatedly blamed for our economic difficulties. That is … Continue reading
Mismatches in US – Something happened in 2008
Something happened in 2008: the Beveridge Curve shifted to the right and stayed that way. That means employers aren’t hiring as many unemployed people as they should be, according to a pre-2008 view of the world. It is also one of the reasons the economy feels like it is still bad, even though the recession … Continue reading
IT Skills Gap in UK – It continues to increase says Roger Keenan
Worryingly, City Lifeline research has shown this may just be the start of the problem. Almost a third of UK senior IT personnel believe IT equipment has become more complex than five years ago. Its likely this trend will continue and could have a huge impact on the technology industry in this country. The gap … Continue reading
Job Search – One in every two is now on a mobile device
In June 2014 Indeed’s job search data showed that nearly 50% of all job seekers are looking for and applying to jobs through a mobile device. With this acquisition, Indeed will enable employers worldwide to take advantage of this shift and to accept job applications through a mobile device, without any infrastructure upgrades or IT … Continue reading
BHP Billiton – The worlds largest miner cuts 500 jobs, and more to come
The worlds largest miner, BHP Billiton, has cut 500 Australian jobs out of its iron ore business.The jobs have gone in the last month, many more are expected and are linked to an ongoing review of the business by management consultants McKinsey & Company.The cuts come with the iron ore spot price having plunged more … Continue reading
Europe – Lower skilled workers face increasing difficulties to find a job
Low-skilled workers encounter increasing difficulties to find a job, face lower job stability and are out-competed by medium-skilled workers even in elementary occupations. In contrast, job opportunities are growing in some high-skilled professions. These are the main findings of the European Vacancy and Recruitment Report 2014 published today. The report also highlights the increase in … Continue reading
Australia – To raise the nation’s retirement age to 70
Australian Treasurer Joe Hockey wants to raise the nation’s retirement age to 70, the highest in the world, to prevent an aging population from draining state coffers. Miner Noel Chatterton laughs at the idea.“Good luck with that,” said the driller, who at 48 will be among the vanguard of workers who would be affected by … Continue reading
US Economy in Q1 – Shrunk by most in five years
The U.S. economy contracted at a worse pace than previously estimated in the first quarter, marking its sharpest pullback since the recession ended five years ago. Gross domestic product, the broadest measure of goods and services produced across the economy, contracted at a seasonally adjusted annual rate of 2.9% in the first three months of … Continue reading
Avon – To cut about 600 jobs
Cosmetics maker Avon Products Inc said it would cut about 600 jobs, including in its North America unit, as the company struggles to return to profit. The direct seller of cosmetics, which has posted losses in five of the past six quarters, had about 36,700 employees, including 4,300 in the United States, at the end … Continue reading
US – The recovery is among the weakest on record, particularly given its duration says Pew
By several measures — gross domestic product, personal income, job growth and employment ratio — the current recovery is among the weakest on record, particularly given its duration. Unless the economy’s official scorekeepers change their minds, the recovery already has lasted 60 months — the fifth-longest expansion since the end of World War II. Economists … Continue reading
Companies are taking out life insurance policies on their employees, and collecting the benefits when they die
Employees at The Orange County Register received an unsettling email from corporate headquarters this year. The owner of the newspaper, Freedom Communications, was writing to request workers consent to take out life insurance policies on them. But the beneficiary of each policy would not be the survivors or estate of the insured employee, but the … Continue reading
Zimbabwes – An unemployment crisis
Unemployment in Zimbabwe is on the rise as businesses close or downsize. In Harare alone, 711 companies shut down in 24 months. via Multimedia Video: Zimbabwes unemployment crisis – Mail & Guardian.
Canada – Bullying at work declines survey finds
The percentage of Canadians who have witnessed or experienced harassment in the workplace has noticeably declined in the last two years, according to a Leger Marketing poll commissioned by Queen’s School of Business. According to the 2014 study, which mirrors a similar poll in 2012, 23% of Canadians say they have personally experienced workplace harassment … Continue reading
iPhone 6 – 100,000 new jobs in China
Chinese manufacturing powerhouse Foxconn is preparing to assemble stuff like its never assembled stuff before, with reports from China suggesting the companys vast network of facilities may be employing an extra 100,000 workers to handle the logistics of making millions of iPhone 6s over the coming months. via iPhone 6 Production Explosion Creates 100,000 New … Continue reading
Danemark – A solid safety net
While the gap between the wealthy and everyone else is widening in much of the industrialized world, a large chunk of Danes remain firmly middle class. Forty-two percent of the working population of 4.6 million have annual disposable incomes between 200,000 and 400,000 kroner $36,700-$73,300. Just 2.6 percent earn more than 500,000 kroner a year … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
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Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
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