Job Market Monitor
Michel Cournoyer
Outsourcing at US airport / 26 percent in 2011 says a report
According to the study, this trend poses problems for workers, the communities surrounding airports and the flying public Continue reading
Youth Unemployment in US and all over the place
At their October meeting, assembled European trade leaders got a stern warning from Nobel Peace Prize laureate Aung San Suu Kyi. She told them, “Youth unemployment is a time bomb.” Continue reading
UI Extension in the US / 1.3 million people to lose access to an emergency program
Unless Congress acts, during the last week of December an estimated 1.3 million people will lose access to an emergency program providing them with additional weeks of jobless benefits. A further 850,000 will be denied benefits in the first quarter of 2014 Continue reading
Europe / The Jobs Recovery Is Always Two Years Away
Is the jobs recovery around the corner? A few week ago, the European Commission published its latest economic forecast. Unemployment in the Euro area is projected to drop from 12.2% in 2014 to 11.8% in 2015. This is seemingly good news. The bad news is that the Commission also predicted that unemployment would begin to drop in … Continue reading
Bloomberg / To Cuts 50 Jobs in Newsroom
Bloomberg said it will cut about 2% of staff, or around 50 people in its news division as it struggles to maintain profits in a tough economic environment. Areas including sports, arts and entertainment will see the most cuts according to people familiar with the company\’s plans, although a small proportion of personnel will be … Continue reading
Who Doesn’t Hate His Job ? A Monster.com survey
Monster.com and market research company GfK conducted the study, which revealed that only 53% of Americans actively enjoy their jobs, and 15% actively dislike them. Canadians, meanwhile, took top prize for having the cheeriest workforce: 64% of Canadians like their jobs, while only 7% hate what they do Continue reading
Bosch / Battling to avoid cutting jobs
After being hit hard by stagnation of demand linked to the continent’s debt crisis, Bosch is now battling to avoid cutting jobs at its European plants. In spite of recent growth in emerging markets, Europe still accounts for 57 % of sales and forecasts expect revenues this year to remain below the level achieved in … Continue reading
Bangladesh / 140 factories closed in new wage protest
Almost 140 Bangladeshi garment factories were shut on Monday as thousands of workers protesting at a new minimum wage clashed with police outside Dhaka, police and manufacturers said. Continue reading
Newly qualified teachers in Canada / Heading abroad
Newly qualified Canadian teachers frustrated with the over-saturated teaching market in many major Canadian cities are setting their sights on international schools abroad, where they say professional and personal benefits far outweigh those back home Continue reading
Apprenticeships in US / Can lead to good jobs
Instead of racking up debt while going to college, apprentices start earning money within their first year in the classroom Continue reading
Employment Insurance in Canada / Legal Coverage at 81.9% in 2012, up from 78.4% finds Stat Can
The rate of eligibility for receiving regular Employment Insurance (EI) benefits in 2012 was 81.9%, up from 78.4% in 2011 and similar to rates observed prior to the 2008-2009 recession Continue reading
Canada’s Premiers Meeting / Pensions and Canada Job Grant top of agenda
Canada’s provincial and territorial premiers will be discussing pensions and the federal job grant program when they meet in Toronto today Continue reading
Pharmacists / Increasingly Using Social Media for Job Search
Pharmacists are the most avid users of social media as part of their job search compared with other health care professionals, a new survey finds Continue reading
China / Aging workforce brings one-child change?
“China has reached a turning point where the demographic dividend will become a liability,” said Shuang Ding, China economist at Citi Continue reading
World Economic Forum / Income Gap and Unemployment to Dominate International Agenda in 2014
An urgent need to address long-simmering economic problems such as widening income gaps and structural unemployment, coupled with growing concerns over the quality of economic policies and tension in the Middle East and North Africa, rank among the Top 10 trends for world leaders in 2014, according to the World Economic Forum’s Outlook on the Global Agenda, which is published today Continue reading
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