Job Market Monitor
Michel Cournoyer
Latvia / The third lowest minimum wage in EU
Latvia has the third lowest minimum wage in the European Union (EU). Only Bulgaria and Romania have smaller minimum wages, according to data by the EU statistical bureau Eurostat, writes LETA. Lithuaniahas the fourth lowest minimum wage in the EU 289.62 euros, while Estonia’s minimum wage is sixth lowest –320 euros. Eurostatdata reveals that Latvia’s … Continue reading
UK / 1 in 7 employees in work at the start of the recession have been made redundant
We get the latest official snapshot of the UK jobs market today. Whatever the figures show they can’t disguise the hard time many people are having, exemplified by yesterday’s news that 1,700 jobseekers applied for eight jobs on offer at a branch of Costa Coffee in Nottingham. The pain felt in recent years is also … Continue reading
India / Millions of India’s workers walked off their jobs against “anti-labour” policies
Millions of India’s workers walked off their jobs on Wednesday in a two-day nationwide strike called by trade unions to protest at the “anti-labour” policies of the embattled government. Financial services and transport were hit by the strike called by 11 major workers’ groups to protest at a series of pro-market economic reforms announced by … Continue reading
Sweden / 20 percent of ‘immigrants’ in 2012 were Swedes returning home
Last year, 103,059 people moved to Sweden, taking the country’s population to 9,555,893 by the year’s end, wrote Statistics Sweden (SCB) on Wednesday. The total population increase, however, was 73,038 as almost 52,000 people at the same time decided to leave Sweden. Of these emigrants, 69 percent were people who had at some point immigrated … Continue reading
US / Nanosolar / 75% of staff laid off
While few manufacturers are profitable in today’s photovoltaic market, U.S.-based Nanosolar has had a particularly tough ride in taking its technology to scale. The Silicon Beat website reported the news yesterday, that as much of 75% of Nanosolar’s staff were laid off on Friday, February 15. The source of the report was an anonymous employee … Continue reading
HMV / 464 Jobs cut due to 37 stores closure
Troubled entertainment retailer HMV is to close another 37 stores with the loss of 464 more jobs, according to the administrators. Joint administrator Nick Edwards said: “As part of our ongoing review of HMV’s financial position, we have undertaken a further review of the store portfolio and have identified an additional 37 stores for closure. … Continue reading
Canada / Up to 76.3% of the immigrant males and 71.8% of the females are over-educated study finds
“The contribution of immigrants to a host country’s welfare largely depends on the degree to which their foreign education translates into useable qualifications and skills in the host labour market. A common finding is of the imperfect transferability of human capital across countries” writes Mesbah Fathy Sharaf in Job-Education Mismatch and Its Impact on the Earnings of Immigrants: … Continue reading
US / Almost half of employed college graduates are in jobs requiring less than college education
“Political leaders, prominent foundations, and college presidents have argued that the nation must increase the proportion of adults with college degrees in order for America to remain competitive in the global economy” write Richard Vedder, Christopher Denhart, and Jonathan Robe in Why Are Recent College Graduates Underemployed? University Enrollments and Labor-Market Realities (Adapted quotes to follow). Supporting those … Continue reading
The Demography of Largest Countries 2010–50 in a Figure
Source: THE UNITED STATES AFTER THE GREAT RECESSION: THE CHALLENGE OF SUSTAINABLE GROWTH
Job Search / Tattoos And Piercings
At a recent job fair, a woman approached my booth and asked me a question about hiring discrimination. She was a hiring manager from another company also exhibiting at the job fair, but she wanted to know about her son’s prospects for getting a job. I talked to her about the type of work her … Continue reading
UK Parliament / Flexible Working
The Children and Families Bill would provide new entitlements for employees relating to the right to request flexible working. Provisions include, but are not limited to: Clauses 101-102 make changes to the circumstances in which an employee can make a request for flexible working, and to the procedure which employers must follow on receipt of … Continue reading
UK / An explosion in poverty-related hunger
An explosion in poverty-related hunger in Britain is putting the government in danger of failing to meet its international human rights obligations to its most vulnerable citizens, charities have warned. The UK is a signatory to a UN economic and social rights convention that sets out minimum standards of access to food, clothing and housing. … Continue reading
US / Summary of 2013 Unemployment Insurance Cuts
North Carolina has become the eighth state to cut the number of weeks of state unemployment benefits. Starting July 1, 2013 there will be a range of state unemployment benefits from 12 to 20 weeks. The number of weeks would be calculated twice a year and based on the state unemployment rate. In addition, the weekly … Continue reading
US / 23% of Illiterate (infographics)
Source: 23% of America Is Illiterate – OnlineCollegeCourses.com.
US / Minimum Wage Earners / None working 40 hours a week can afford rent
There is no place in the United States where a minimum wage worker working 40 hours a week can afford rent on a two-bedroom apartment. Chosen excerpts by Job Market Monitor from via Minimum Wage: Beggaring Workers does not Help Employment (Infographics) | Informed Comment. Related Posts Moderate minimum wages can do more good … Continue reading
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