Job Market Monitor
Michel Cournoyer
Canada – Ontario – Quebec / A confrontation emerges on workforce training
The Minister of Finance of Canada, M. Jim Flaherty and his colleague Human Resources and Skills Development, Mrs. Diane Finley launched theirs courses of action in workforce training last week. It might be a political football, but Quebec and Ontario were fast to react. Those reactions are certainly fuelled by the media, as always. Ottawa … Continue reading
Egypt / The Unemployment Problem In Chart
About 1 million Egyptians lost their jobs in 2011 as the economy shrank for the first time in decades. And the paradox of the Middle East deepened with more young people than ever searching for jobs, while at the same time, the private sector encountered increasing difficulty in its search for qualified employees. The latest figures from the government statistics agency, CAPMAS, … Continue reading
US / The Rest of the World is in Recession
We have quarterly GDP data for 11 more OECD countries since our last post “World plunges into recession in Q42012“, and there have been some 2nd estimate revisions (such as the U.S). The chart below shows an improvement over the last post we made with the inclusion of more data points, but both the measures … Continue reading
UK / Managers and skilled workers: the bulk of far right support
The study found the image of young unemployed people alienated by tough economic times and turning to the anti-Muslim and anti-immigration group was a myth. In fact half of sympathizers are in full time work, almost one in five is university educated and more than two thirds own their own home. The report, by the … Continue reading
US / Planned layoffs rose for second month in a row
Planned layoffs at companies rose for the second month in a row in February as the financial sector cut the most employees in over a year, a report showed on Thursday. Employers announced 55,356 planned job cuts last month, up nearly 37 percent from 40,430 in January, according to the report from consultants Challenger, Gray … Continue reading
Jordan / Significant numbers not paid minimum wage
A significant number of workers are paid less than the minimum wage, with 1.4 per cent of the workforce earning less than JD100 ($141) a month, the Department of Statistics (DoS) said on Tuesday. According to a recent DoS study that covered 2012, 12.4 per cent of working Jordanians get less than JD200 ($282) a … Continue reading
Arizona / GM Plans Hiring 1,000 IT Workers at Computer Center
General Motors Co. (GM), amid an overhaul of its information technology operations, plans to hire 1,000 people for a new computer center in the Phoenix area, the fourth so-called innovation center, the company said today. The hiring is part of Detroit-based GM’s plan to add about 7,500 information technology workers over as many as five … Continue reading
Nova Scotia / Lots of highly skilled workers needed
RORY WILLIAMS wasn’t sure what he wanted to do when he graduated from Dartmouth High School two years ago. So he did what many Nova Scotia kids do: he hit the road. That was fortuitous. His epiphany came while he was working on a farm in Australia when he met a couple of Aussie welders … Continue reading
Sweden / Vattenfall to cut 2,500 jobs
Swedish power company Vattenfall has announced it will slash thousands of jobs by 2015, with Germany to be most affected by the cuts. The utility firm said it had to face up to low electricity prices and overcapacities. Swedish utility company Vattenfall on Wednesday said it would have to lay off 2,500 employees by the … Continue reading
Canadian Pacific / Ahead of Schedule on Job-Cut Plan
Canadian Pacific Railway Ltd. (CP), the least efficient North American large railroad, is ahead of its plan to eliminate more than one-fifth of its workforce, Chief Executive Officer Hunter Harrison said. The company already has cut more than 3,000 jobs, Harrison said today at a JPMorgan Chase & Co. transportation conference in New York. He … Continue reading
T-Mobile / Big layoffs to come at headquarters
A significant round of layoffs is happening at the Bellevue headquarters of T-Mobile USA just ahead of its merger with MetroPCS, according to people inside the company. Employees are expecting the cuts, which may affect more than 100 people in marketing and other groups, to happen Thursday, when conference rooms at the company are reserved … Continue reading
UK / An overhaul of vocational education
Teenagers in England are to be offered the chance to take new courses in engineering and construction as part of an overhaul of vocational education. Ministers said they would develop seven qualifications in the two subjects to equip youngsters with relevant skills. The Department for Education also said thousands of vocational qualifications which were “of … Continue reading
Times Higher Education World University Rankings 2012-2013
The Times Higher Education World University Rankings 2012-2013 powered by Thomson Reuters are the only global university performance tables to judge world class universities across all of their core missions – teaching, research, knowledge transfer and international outlook. The top universities rankings employ 13 carefully calibrated performance indicators to provide the most comprehensive and balanced … Continue reading
How To Score Good Jobs Right Out of High School
Frank Pena doesn’t have much time to chat, because he’s repairing a jet engine. The 24-year-old technician at Lockheed Martin is a big guy, but even he looks tiny compared with some of the engines—from the Air Force’s C-5 to the commercial 727—arrayed in the factory. Pena is here, and not flipping burgers at McDonalds, … Continue reading
Telefonica Brasil / To cut 1,000 jobs
Telefonica Brasil SA has opened a voluntary buyout program to cut 1,000 jobs, a union said on Wednesday, as the Brazilian phone company works to keep down costs and overhaul its flagging fixed-line operations. The Brazilian unit of Spain’s Telefonica said it was carrying out an “administrative reorganization to maintain competitiveness,” according to a press … Continue reading
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