Job Market Monitor
Michel Cournoyer
Finland / Teacher is a popular profession
In Finland, the teachers are what dreams are made of. That’s not difficult to believe when you see Omaia Zakik, 38, entering the Esplanad café located on one of the capital’s bustling roads Continue reading
Peru / Unemployment rate rises unexpectedly
The unemployment rate in Peru rose unexpectedly last month, official data showed on Thursday. In a report, INEI Peru said that Peruvian Unemployment Rate rose to a seasonally adjusted 6.0%, from 5.8% in the preceding month. Source: via Peruvian unemployment rate rises unexpectedly – Investing.com.
Resume / How Long Should it Be?
How long should your resume be? The answer is that the length of your resume depends – on how much experience you have and what level candidate you are Continue reading
Vietnam / Youth go straight from graduation to bad jobs
The International Labor Organization (ILO) has warned that low-productive employment among Vietnam’s young population is curbing the youth’s potential and stunting national grown Continue reading
Korea / Unemployment rate unchanged at 3.2 percent in July – The China Post
South Korea’s jobless rate was unchanged at 3.2 percent in July, Statistics Korea said Wednesday, after new employment openings in education and social services offset losses in the manufacturing sector Continue reading
US / Cloud computing projected to add 671,300 jobs by 2020
Cloud computing jobs are multiplying, new data shows, prompting debate over whether the new positions are taking the place of other work or becoming a net positive to employment in general Continue reading
UK / Half of all out of work young people have never had a job finds IPPR
Half of all out of work young people who are not in full-time education have never had a job, according to new IPPR analysis, released ahead of the latest unemployment statistics Continue reading
Rio Tinto in Mongolia / 2000 jobs lost
Job losses from the mining sector continue to flow with a major Rio Tinto (ASX: RIO) contractor axing some 2,000 employees at the mining giant’s Oyu Tolgoi gold and copper project in Mongolia Continue reading
Salzgitter / To Cut 1,500 Jobs
Germany’s Salzgitter AG (SZG.XE) said Wednesday it will cut more than 1,500 jobs in response to the crisis in Europe’s steel industry, which prompted a profit warning from the company last week Continue reading
Cisco / To Cut 4,000 Jobs
Cisco Systems just said it plans to eliminate about 4,000 jobs starting next quarter Continue reading
UK / Unemployment Rate is unchanged, overall, but up at 21.4% for 16 to 24 year olds
United Kingdom – The unemployment rate for April to June 2013 was 7.8% of the economically active population, unchanged from January to March 2013. For 16 to 24 year olds, it was 21.4% for April to June 2013, up 0.7 percentage points from January to March 2013 Continue reading
Tempering the mobility-dampening effects of safety net policies with lump-sum unemployment payments
There is no reason to believe that the culture of the low-skilled native-born population is an insuperable obstacle to geographical mobility Continue reading
US / What explains the yawning gap between jobs open and jobs filled?
Such a structural mismatch may well explain part of the gap, yet it seems unlikely that it explains most of it. A second explanation is that employers are offering jobs at wages that are too low to attract good applicants Continue reading
US / Two-thirds of American Workers Would Still Work Even if They Won Millions
Two-thirds of American workers say they would continue working even if they won $10 million in the lottery, while 31% say they would stop Continue reading
US State and Local Government / Rather than layoffs, a failure to hire characterized the brunt of the total job losses since 2009
Rather than layoffs, a failure to hire characterized the brunt of the total job losses in state and local government since 2009. State- and local-government job losses were not disproportionately due to job losses but rather stemmed from significant non-hiring — letting vacant positions remain vacant. Continue reading
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