Job Market Monitor
Michel Cournoyer
India / 47% of graduates unemployable for any job says Aspiring Minds
At least 47% of graduates in India are not employable for any industry role, according the latest report by employability solutions firm Aspiring Minds Continue reading
Barrick Gold Corp / To lay off up to a third of staff
Barrick Gold Corp will lay off up to a third of its corporate staff at its headquarters in Toronto and other offices, sources said, as the world’s top bullion producer intensifies a downsizing plan amid a slump in the price of gold. Continue reading
US/ Volunteering for young people might not an effective way to get to employment research finds
With inconclusive findings, more analysis is needed to determine whether volunteering is an effective way to increase human capital, build a professional network and signal employability to employers for young people entering the labor market during an economic recession Continue reading
UK / Business Leaders for Flexible working: the Agile Future Forum
If implemented successfully by business leaders, workforce agility can offer sustainable business performance and engaged employees Continue reading
US / Retirement / 45 % of all working-age households don’t hold any retirement account assets
A new report from the National Institute on Retirement Security, based on analysis of the 2010 Survey of Consumer Finances, shows that about 45 percent of all working-age households don’t hold any retirement account assets, whether in an employer-sponsored 401(k) type plan or an individual retirement account Continue reading
US / 76% living paycheck-to-paycheck
Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday Continue reading
US / Not All College Degrees are created Equal – College Majors, Unemployment and Earnings
It Still Pays to Earn a College Degree But Not All College Degrees are created Equal
In the past, a college degree all but assured job seekers employment and high earnings, but today, what you make depends on what you take. In Hard Times 2013, we show differences in unemployment and earnings based on major for BA and graduate degree holders. Continue reading
Canada / Nearly 300 jobs cut at Veteran Affairs
Nearly 300 positions at Veterans Affairs Canada are being eliminated as a result of measures in the 2012 federal budget Continue reading
Yahoo / About 1,000 less employees
Yahoo’s headcount has decreased by about 1,000 employees during Marissa Mayer’s first year, through a combination of attrition and ramped-up performance management, with staffers now getting reviewed on a quarterly basis instead of every year. Continue reading
Disabled in Australia / Maybe, but fully fit to work
Hundreds of thousands of people on the disability support pension who have some capacity to work should be given the support and incentives they need to enter or re-enter the workforce Continue reading
India / A hard time to find jobs
A survey by US-based Gallup revealed respondents were more pessimist about finding jobs in India in 2012 Continue reading
Ontario / Skills Gaps costs are high and they affect major sectors says The Conference Board
Ontario faces skills gaps in many areas and that these entail significant costs for businesses, individuals, and the province Continue reading
Australia / 1000 Finance Jobs Are Offshored Monthly
The financial services jobs market continues to struggle as the sector loses almost 1000 jobs a month to more cost effective offshore hubs, such as Asia and New Zealand Continue reading
Best jobs in the world / And the winners are six lucky contestants
Six lucky thrill seekers have been given what Tourism Australia has dubbed the “Best Jobs in the World” – which range from “Chief Funster” to “Outback Adventurer.” Continue reading
Alberta / Teacher layoffs to come
Large numbers of layoffs seem possible. The Calgary and Edmonton public boards alone expect to lose more than 350 teachers by fall. Continue reading
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