Job Market Monitor
Michel Cournoyer
Robert Shiller, Nobel prize for economics / Income Inequality Is ‘Most Important Problem’
Shiller, an economist famous for having warned about bubbles in technology stocks and housing, said inequality has been worsening for decades Continue reading
OECD / Employment rate still 1.4 percentage points below pre-crisis level
The OECD area employment rate – defined as the share of people of working-age who are employed – was 65.1% in the second quarter of 2013, 0.1 percentage point higher than in the previous quarter Continue reading
Job Search Tool / Twitter Resources
There are hundreds of websites for job seekers, such as Monster and CareerBuilder, but these three are designed specifically for Twitter recruitment: TwitJobSearch: This site allows you to search for jobs posted on Twitter using keywords (for example, “Marketing in New York”). Click on a link to find a job’s specific recruiting page. Take a … Continue reading
Rwanda / Germany Boosts TVET
Rwanda and Germany yesterday signed three financing agreements worth Rwf15 billion to support Technical and Vocational Education and Training (TVET) Continue reading
India / Tata Consultancy Services to hire 25,000 campus grads
India’s largest IT company by revenues, Tata Consultancy Services ( TCS ) has become the first IT firm to reveal its hiring targets for FY15, reports CNBC-TV18’s Kritika Saxena. TCS has already started giving out campus offers for FY15 and will be hiring 25,000 students from across 350 institutes in the country in the next … Continue reading
Canada / A report calls for a cap temporary foreign workers
Author and Carleton University economics professor Christopher Worswick said a cap is needed to “ensure the program does not grow too large.” Continue reading
Job Board Advertising / Relevant for finding talent report says
eQuest’s Data Analytics Division has released a new white paper that underscores the critical necessity of advertising to attract and find quality candidates and provides a new understanding of what the term “job board” means in a time when definitions are constantly changing. This is the third white paper in a series that establishes the … Continue reading
Natixis (France) / Talks With Unions to Cut Up to 700 Jobs
French investment bank Natixis (KN.FR) Wednesday said it has begun negotiations with labor unions to cut about 700 jobs in France by the end of 2015. The bank, which is controlled by French mutual bank Groupe BPCE, said the \”new economic and regulatory context\” has forced changes in its staff organization. The bank\’s global payroll … Continue reading
Lockheed Martin / 600 more layoffs
Lockheed plans to notify affected employees on Nov. 6 Continue reading
Fast-food workers in US / More than half are enrolled in one or more public programs
Nearly three-quarters (73 percent) of enrollments in America’s major public benefits programs are from working families. But many of them work in jobs that pay wages so low that their pay checks do not generate enough income to provide for life’s basic necessities Continue reading
Job Search Organizer / StartWire surpasses 2 million users less than 9 months after reaching a million
StartWire (http://www.startwire.com), the nation’s leading online job search organizer, logged a million users in May of 2013 and surpassed 2 million users today, effectively doubling its growth rate in less than 6 months Continue reading
Siemens / To cut 15,000 jobs worldwide
The ‘flagship’ German engineering and technology giant plans to shed 15,000 jobs worldwide by late 2014 in a cost-cutting drive Continue reading
Older Workers in US / Attitudes on work and retirement
The line between working and retirement is shifting for many americans ages 50 and older, with some currently or expecting to continue working for pay during retirement Continue reading
UK / Jobless claims drop by most since 1997, youth unemployment rate at 21%
U.K. jobless claims fell the most in 16 years last month as a wider measure of unemployment remained at 7.7 percent amid signs that the labor market is improving. Claims for unemployment benefit fell 41,700, the most since June 1997, the Office for National Statistics said in London today. The decline exceeded the 25,000 median … Continue reading
Happiness at Work / Making a difference in the job we already have
The manic pursuit of happiness has left many people upset — worried they will never enjoy work unless they choose “the perfect career.” Some of us also believe we will feel trapped in a job where we aren’t “doing what we love.” But it’s not that simple — or desperate. In his New York Times … Continue reading
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