Job Market Monitor
Michel Cournoyer
LinkedIn / To acquire search startup Bright.com
LinkedIn announced its intentions to acquire data-savvy job search startup, Bright.com, for $120 million. The deal, which was 70 percent stock and 30 percent cash the company said, will be completed during the first quarter of this year. In a statement today, LinkedIn said that “several members of Bright’s team,” which now numbers over 50 … Continue reading
UK / Give better careers advice says CBI
The Confederation of British Industry (CBI) has called for the government to do more to provide young people with high-quality careers advice, after research revealed 70% of children turn to parents for help. The Association of Colleges (AoC) survey of 2,000 11 to 16-year-olds also found 57% asked teachers for advice. But AoC president Michele … Continue reading
Spain / Unemployment rose by 113,097 in January
Spanish government figures show that the number of people registered as unemployed rose by 113,097 in January as temporary job contracts created over Christmas came to an end. The Labor Ministry said Tuesday that the reduction put the total number of those registered in unemployment offices at 4.81 million. Year-on-year, the figure was down 166,343. … Continue reading
UK / Employers are expected to recruit many more graduates this year
Employers are expected to recruit many more graduates this year, according to the Association of Graduate Recruiters. Numbers of vacancies rose by more than 4% last year, with the AGR predicting a rise of 10.2% in 2014. The rise reflects growing business confidence and economic growth, the association says. Big growth sectors include IT and … Continue reading
Intergenerational mobility in the US / A Map
Using these income data, we calculate two measures of intergenerational mobility. The first, relative mobility, measures the difference in the expected economic outcomes between children from high-income and low-income families. The second, absolute upward mobility, measures the expected economic outcomes of children born to a family earning an income of approximately $30,000 (the 25th percentile … Continue reading
Corporate Welfare / Doesn’t boost employment
Despite its popularity as a job-creation tactic, corporate subsidies tend to redistribute jobs from one community to another, not create new ones, says Milke. Last month, Kellogg’s announced it was shutting down a plant in southwestern Ontario and shifting some production to a company plant in eastern Ontario that had received millions in provincial support. … Continue reading
Tech Jobs in Canada / Big data and business intelligence pay best
Gaming and animation may still be the sexiest jobs in the tech sector, but it’s the fast-moving world of big data and business intelligence that will earn you the best money, according to the 2014 Technology Salary Report. The report is published annually by the Toronto-based recruitment firm Lannick Technology and gives us a glimpse … Continue reading
Volvo / To increase its job cuts to 4,400
World No.2 truck maker Volvo will increase its job cuts to 4,400, more than double its original plan, after currency effects and the cost of launching new models muted a rise in quarterly earnings. But Sweden’s biggest private sector employer also unveiled a stronger-than-expected order intake in the fourth quarter on growth in North America, … Continue reading
UK / Half workers see current job as a “stop-gap”
UK workers are more likely to consider their current employment as a stop gap rather than part of a career With the younger generation showing to be the most career-minded A new survey reveals that nearly half (46 percent) of Britons think of their current employment as a stop gap, whilst only two out of … Continue reading
IT Skills Gap in Malta / 77% of jobs in the next 10 years will require IT skills
“Half of today’s jobs require a certain degree of IT skill and experts predict this percentage will go up to 77 per cent in the next decade.” This was stated by Adrianna Zammit, country manager for Microsoft Malta and Cyprus during her address at Project Fireworks, a project which saw corporate companies, educators and students … Continue reading
Layoffs In Tech / All the growth is in high mobility
While much of the focus in the current news cycle seems to be on celebrity top executives and the minutiae of selecting and deselecting them, there is an underlying trend receiving far less notice: layoffs of ordinary workers at tech companies. The problem stems from the long-term malaise of the x86/Windows ecosystem, which has been largely upended … Continue reading
Europe / Non-EU seasonal workers will have equal rights
Foreign seasonal workers in the EU will have the same employment and social rights as their EU counterparts, under new rules adopted by the European Parliament on Wednesday (5 February). Seasonal fruit pickers are among those set to benefit from EU rules voted Wednesday (Photo: Manchester-Monkey) MEPs in Strasbourg signed off on the bloc’s first … Continue reading
Sony / Around 5,000 layoffs to come
Thousands of employees of Japanese tech company Sony will be affected by a major reorganization plan of the company. They have confirmed they are selling their Vaio PC business and switching its TV division into its own company, a move which is expected to lay off 5,000 employees from its global operations. It is estimated … Continue reading
US / Planned job cuts jump by 47%
Planned job cuts by U.S. employers in January soared 47% from the prior month, according to data from an outplacement firm, with the heaviest layoffs to occur in a battered retail sector after many reported weak holiday sales. The data echoes what market observers have seen for weeks, as Target Corp. ( TGT ), Macy’s … Continue reading
US / Jobless claims fall by 20,000
The number of Americans filing new claims for unemployment benefits fell more than expected last week, in a boost to the labor market outlook and the broader economy. Initial claims for state unemployment benefits declined 20,000 to a seasonally adjusted 331,000, the Labor Department said on Thursday. Claims for the prior week were revised to … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 