Job Market Monitor
Michel Cournoyer
US / ‘Extended’ Unemployment Benefits ending: less active jobless persons looking for work
Editor’s Note: We know what is unemployment insurance. It covers for unemployment. That said, it is also the price we pay to keep the unemployed active. And when the price of something falls, you get less of it on the market. This is what might happen with the end of the ‘extensions’: less active jobless persons … Continue reading
Sony / Layoffs to come
Financial woes continue to weigh on Sony as it looks to cut staff at production facilities, according to a Japanese report. The consumer electronics maker will offer early retirement packages for employees at Sony EMCS, a wholly owned production subsidiary, according to a Nikkei report on Tuesday. The subsidiary operates five production facilities in Japan … Continue reading
Revlon in China / To cut 1,100 jobs
Revlon Inc. (REV), the maker of cosmetics under its namesake and Almay brands, will cease operations in China and eliminate about 1,100 positions, including 940 beauty advisers, as it restructures its struggling business. Chosen excerpts by Job Market Monitor. Read the whole story at via Revlon to Exit Operations in China, Cut 1,100 Jobs – Bloomberg.
Hewlett-Packard (HP) / Layoffs up by 5,000 to 34,000
Hewlett-Packard Co. ( HPQ ) said it will increase by 5,000 the number of expected layoffs under a restructuring plan adopted in May 2012, bringing the number of job cuts to 34,000, the company said in a regulatory filing. The company, in a filing Monday with the Securities and Exchange Commission, cited “continued market and … Continue reading
Long-term unemployment benefits expire / Who, why, where …?
Who lost benefits? Anyone who has been collecting unemployment for more than 26 weeks loses benefits, roughly 1.3 million people immediately. Several million more people are expected to hit the limit over the course of the next year; they would lose benefits at that point. The Obama administration estimates that by the end of 2014, … Continue reading
A worldwide retirement crisis is coming
A global retirement crisis is bearing down on workers of all ages Continue reading
Knowledge, Skills and Abilities
Knowledge, skills, and abilities (aka KSAs) are three different things. And it’s important to know the difference – even though the difference can be subtle. Knowledge is the theoretical or practical understanding of a subject. For example, an employee might have knowledge of the ADDIE model used in instructional design. This doesn’t mean the employee … Continue reading
Paternity Leave / What happens when men cut back on work to fulfill family obligations?
Research shows that working men and women tend to make different adjustments when they become parents. Women typically resolve work-family conflicts by reducing their work hours, whereas men typically increase their work hours. And when women take maternity leave or temporarily cut back to part-time, many employers, rightly or wrongly, perceive them to be less … Continue reading
Teenage Unemployment in US / A tragedy
More than one in seven between age 16 and 24 can’t find any job, full or part-time. For African Americans in that age group, it’s more than one in four. Continue reading
Family and Medical Leave in US / Job Protection Isn’t Enough
Twenty years ago, the Family and Medical Leave Act, or FMLA, was signed into law. Without downplaying the historical significance of the FMLA’s guarantee of job-protected leave for a majority of U.S. workers, it had a limited impact on the frequency of parental leave and no impact on the likelihood that parental leave is paid Continue reading
India / 47 pct of 2013 grads would be unemployable
Their English language and cognitive skills is the cause, said Aspiring Minds, a leading employability solutions company Continue reading
Serbia / 2014 will be a tough year says Minister of Economy Sasa Radulovic
“I would like us all to live better without comprehensive reforms, and that no one loses a job, but that is not feasible, unfortunately,” Radulovic said Continue reading
Jobless claims in US / Decrease by 42,000 to a seasonally adjusted 338,000
Initial claims for state unemployment benefits decreased 42,000 to a seasonally adjusted 338,000, the Labor Department said on Thursday Continue reading
Oversimplifying poverty / How pop culture portrays a working poor life (Infographic)
Source: Socialworkdegreecenter.com
Humanities Major / What can you do with it ?
What may be surprising is the number of jobs available to humanities majors that are not typically associated with the field Continue reading
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