Job Market Monitor
Michel Cournoyer
Philippines / Unemployment rate remain high despite strong economic growth
Despite strong economic growth, the unemployment rate in the Philippines remains the highest in Southeast Asia. The government admits it has not been able to meet its target of creating one million jobs a year, and now hopes to create employment by drawing in more investments. Vivian Atienza, a 40-year-old single mother, will soon leave … Continue reading
Asia / Gap between rich and poor widening finds the Asian Development Bank (ADB)
The Asian Development Bank is urging the Philippines and other countries in Asia to address the widening inequality between rich and poor, in terms of income and access to education, health and other services. The ADB noted that despite the rapid growth in the economies of some of these Asian countries, the gap between rich … Continue reading
Canada / Human capital trends survey 2013
To build leadership and talent, organizations need to do more than maintain good employee relations: they need to focus on direct organizational benefits that solve business problems. HR is strategic Deloitte’s survey of 1,300 senior business leaders in 59 countries reveals current and emerging human capital trends influencing the future course of talent, HR and … Continue reading
Europe / Telecoms could reduce their workforces by 30%
Telecoms network upgrades could cost 300,000 jobs in Europe over the next five years as wireless and wireline carriers move to more efficient technologies and look to reduce their workforces by 30%. According to the UNI Europa ICTS union, which represents telecoms workers across the European Union, within a decade the sector will see its … Continue reading
Egypt / Morsi vows more jobs
Egyptian President Mohamed Morsi has said his administration aims to create thousands of new jobs over the next three years. Morsi made the comments on Tuesday during a speech at the state-owned Iron and Steel Complex in Cairo’s Helwan. “This bastion expands over 21 million square metres. It is not just a factory, but a … Continue reading
Ontario / People Without Jobs, Jobs Without People
Rick Miner, Ph.D. produced the report People Without Jobs, Jobs Without People in February 2010. Job Market Monitor chooses to present some excerpts given its relevancy in the debate about the extend of the Skills Gap in Canada. -*- While much of the world is understandably focused on the current recession, there is a looming demographic and labour … Continue reading
UK / Jobseekers on bogus psychometric tests
Jobseekers are being made to complete bogus psychometric tests by the Department for Work and Pensions – and told that in some cases they risk losing their benefits if they do not complete the meaningless online questionnaire. The test called My Strengths, devised by Downing Street’s behavioural insights or “nudge” unit, has been exposed by … Continue reading
US / Tech Talent Shortage: A Myth ?
So it turns out the United States is not, in fact, the educational wasteland tech industry lobbyists would have you think. Companies like Microsoft often claim that America is suffering from an economically hobbling shortage of science, math, and computer talent. The solution, they argue, is to let employers fill their hiring gaps by importing tens of … Continue reading
Spain / Beyond Doomed
Spain is in a great depression, and it is one of the most terrifying things ever seen. Five years after its housing boom turned to bust, Spanish unemployment hit a record high of 27.2 percent in the first quarter of 2013. It’s almost too horrible to comprehend, but 19.5 percent of the total workforce has not had … Continue reading
German Latest Data / Unemployment Climbs
German unemployment rose for a second month in April, adding to signs that Europe’s largest economy is struggling to recover from a slump at the end of last year. The number of people out of work climbed a seasonally adjusted 4,000 to 2.94 million, the Nuremberg-based Federal Labor Agency said today. Economists predicted an increase … Continue reading
Europe / Are leaders aware of the miseries of mass unemployment?
Unemployment in Europe is at record levels and rising. Five European leaders (Dijsselbloem, Rehn, Asmussen, Regling and Hoyer) declared in The New York Times (April 17) that their current policies of austerity bring: serious social challenges, notably in the form of unacceptably high unemployment. These challenges have to be addressed with determination. But there is … Continue reading
Europe / Unemployment Sets Another Record
Eurostat estimates that 26.521 million men and women in the EU-27, of whom 19.211 million were in the euro area (EA-17), were unemployed in March 2013. Compared with February 2013, the number of persons unemployed increased by 69.000 in the EU-27 and by 62.000 in the euro area. Compared with March 2012, unemployment rose by … Continue reading
Canada’s New Rules / Hiring foreign workers should be ‘last resort’ says Kenney
The federal government plans to tighten up the temporary foreign workers program with new legislation that would require businesses to hire employees from abroad as a “last resort.” Ottawa wants to charge employers a new fee for labour market opinions and increase the existing fees for foreigners’ work permits. Immigration Minister Jason Kenney also announced … Continue reading
UK / Tata Steel Europe to shift two R&D centres to India, Netherlands
Tata Steel, Europe’s second-largest steel producer after ArcelorMittal, plans to close down two research and development facilities in the UK and shift them to the Netherlands and India, resulting in 300-400 job losses. Citing unnamed sources, The Sunday Times yesterday said that Tata Steel Europe (earlier known as Corus) plans to close two technology centres … Continue reading
The Just Jobs Index – The ranking
‘Jobs have taken center stage in the development agenda since the financial crisis of 2008’ write Tewodros Aragie Kebede, Huafeng Zhang, and Jon Pedersen in Just Jobs Index on michaelshank.net. ( Adapted chosen excerpts by Job Market Monitor to follow) The Just Jobs Network works to promote just jobs—those complete with appropriate compensation, social protections, labor rights, and opportunities … Continue reading
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