Job Market Monitor
Michel Cournoyer
US / Orphan Clauses / State workers face smaller pension benefits
For public sector workers across the country, the difference of a couple of years, months or even days when starting on the job could mean the loss of hundreds of thousands of dollars in retirement benefits. Facing ballooning bills and strained budgets, 45 states have either cut pension benefits or increased mandatory employee retirement plan … Continue reading
Oman / Minimum wage raised and the number of foreign workers restricted
Oman’s parliament, the Shura Council, approved a much higher minimum wage and curbs on the employment of foreigners on Saturday, aiming to prevent joblessness again becoming a source of anger for Omani citizens. The cabinet proposed the moves last week in an attempt to spur private sector employment levels among Omanis after complaints about the … Continue reading
Lego / To cut 380 jobs in Denmark
Lego, the Danish maker of colourful toy bricks, said Tuesday it would cut 380 jobs at its main plant in Denmark by 2015 as it moves its packaging activities abroad to slash costs. “For some employees it will be natural departures. Other employees will be able to acquire new skills and find other positions within … Continue reading
ThyssenKrupp / 2,000 layoffs at its European steel division
German heavy industry giant ThyssenKrupp unveiled plans on Friday to axe more than seven percent of the workforce at its Steel Europe division to make the business more competitive. ThyssenKrupp said in a statement it would axe “more than 2,000 jobs” out a total workforce of 27,600 at its Steel Europe division in a €500-million … Continue reading
Lockheed Martin / 300 to 500 voluntary layoffs
Lockheed Martin Corp. announced a targeted, voluntary layoff program for midlevel employees working at the company’s Information Systems & Global Solutions unit. In a memo sent to employees on Jan. 31 and posted on career news website Dice.com, Patricia Lewis, Lockheed Martin’s vice president for human resources at the Information Systems and Global Solutions business … Continue reading
Hong Kong / Working Poors Live In Cages
Some 100,000 people in the former British colony live in what’s known as inadequate housing, according to the Society for Community Organization, a social welfare group. The category also includes apartments subdivided into tiny cubicles or filled with coffin-sized wood and metal sleeping compartments as well as rooftop shacks. They’re a grim counterpoint to the … Continue reading
Canada / Federal Court / Employers have a duty to accommodate “childcare obligations”
On January 31st, 2013 a Federal Court judge affirmed a 2010 ruling of the Canadian Human Rights Tribunal that said that employers have a duty to accommodate “childcare obligations” as a component of their duty to accommodate an employee’s “family status.” The facts of the case have left many Canadians, both employees and employers, asking … Continue reading
Job Search / Why Starting A Blog Could Help Your
We’ve all heard about how starting a blog can benefit writers who are looking to publish their work, but what if you’re not a writer? Could blogging still benefit you? In what ways? Blogging is more than writing your thoughts and feelings about a topic you’re passionate about. In fact, blogging could entail many things. … Continue reading
US Jobs Recovery / Middle-aged women doing particularly poorly
SINCE the job market in the United States hit bottom more than three years ago, men have benefited from the recovery far more than woman have, with middle-aged women doing particularly poorly. From December 2009 through last month, the economy added 5.3 million jobs, according to the Labor Department’s monthly survey of households. Only 30 … Continue reading
Philippine / Tourism industry to generate 7 M new jobs
Seven million new jobs are expected to be generated from the booming tourism industry in the next years. Tourism Secretary Ramon Jimenez said people are expected to feel the impact of the growing tourism industry. “What is beautiful about tourism is that it has a trickle effect, every tourism activity generates new jobs,” he said. … Continue reading
Canada / Employment decreased slightly and unemployment rate down 0.1 percentage points to 7.0% but …
Following two months of gains, employment decreased slightly in January (-22,000). A decline in the number of people looking for work pushed the unemployment rate down 0.1 percentage points to 7.0%. Chart 1 Employment Compared with 12 months earlier, employment increased by 1.6% or 286,000, all in full-time work. Over the same period, the total number of hours worked rose 1.7%. In January, employment declined … Continue reading
US / The number of Americans with marathon commutes is on the rise
The number of Americans with marathon commutes is on the rise, particularly following a debilitating recession that has pummeled employment and the housing sector, a recent report on the nation’s “super commuting” trend finds. “What’s really driving this is the economy,” says Mitchell Moss, director of New York University’s Rudin Center for Transportation and co-author … Continue reading
Solving youth unemployment – A winning essay
Max Kirby, who says there’s never been a better time to be young, has won £10,000 for penning his thoughts on ways to reduce unemployment. Here is his winning essay. One in five young adults in Britain is unemployed, more than twice the rate for the workforce as a whole. And (temporarily, I hope) I … Continue reading
US / Born children of immigrants are substantially better off than immigrants themselves
Second-generation Americans—the 20 million adult U.S.-born children of immigrants—are substantially better off than immigrants themselves on key measures of socioeconomic attainment, according to a new Pew Research Center analysis of U.S. Census Bureau data. They have higher incomes; more are college graduates and homeowners; and fewer live in poverty. In all of these measures, their … Continue reading
EU / Youth Unemployment / A ‘lost generation’ fund
European Union leaders are expected to set aside more than 5 billion euros from the EU budget to tackle the bloc’s soaring and costly youth unemployment when they meet for a summit in Brussels on Thursday. The aim is to get to grips with the debilitating unemployment caused by the region’s debt and economic crisis. … Continue reading
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