Job Market Monitor
Michel Cournoyer
A nurse or a ‘murse’?
I was drawn to nursing for two reasons. One was just necessity. I needed to make money and that was a field that was hiring, so I worked as an orderly during college. After doing that for about a year, I realized I really enjoyed it and I transferred into nursing school. Starting out, I … Continue reading
India / Part-time jobs have become a boon for student
Both boys and girls – just passed out of the campus or still pursuing their courses and preparing for competitive examinations are taking up part time jobs as receptionist, life insurance agents, telesales consultants, catering companies’ staff etc as they find it difficult to do a regular eight-nine hours job in an organization. “We prefer … Continue reading
China / Internet business boom has helped create more than 10 million jobs
Chinese young people are seriously considering making a living online as the economic slowdown bites China’s more conventional jobs market. An Internet business boom has helped create more than 10 million jobs in China, which greatly alleviates current employment pressure, according to a new report by the Ministry of Human Resources and Social Security (MHRSS). … Continue reading
Stora Enso / To slash 600 jobs
Nordic paper maker Stora Enso Oyj says that despite strong fourth quarter earnings it will slash 600 jobs due to the weak European economy. Stora Enso says most of the job cuts will take place in Sweden, where it will permanently shut down two paper machines by the end of June. The company also intends … Continue reading
EuroZone / A Great Depression?
The Great Depression was a period of severe economic contraction that lasted many years. In the United States real GDP fell every year from 1929 to 1933, when it reached only 73 percent of its 1929 level. Starting in 1934 the recovery was quite rapid, with GDP reaching its 1929 level in 1936. By contrast … Continue reading
Careerminds / Outplacement Reduces Average Unemployment Time
Careerminds Group, Inc., a North American provider of virtual outplacement and career transition services reported today that its overall 2012 time-to-placement for job seekers in its programs averaged 12 weeks. According to the U.S. Bureau of Labor Statistics the average unemployed duration for American workers is 41.9 weeks, or about 10.5 months. Careerminds reduced that … Continue reading
Recognition: A systematic need in our business culture, but …
Recognition is a strategy that we all use to feel competent – to feel good enough. There is nothing wrong with giving a pat on the back, but as a society we have come to rely upon it to prop up our self-esteem. If we need recognition from others to feel good and we perceive … Continue reading
UK / Worst time for young people?
Rising wages and low house prices helped the baby boom generation to prosper. Today’s young face high unemployment, expensive education, and a lifetime of renting. Have they never had it so bad? Let’s take a typical 24-year-old everyperson. This person lives in Nottingham. There’s a one-bedroom flat they want but it costs £120,000. You need … Continue reading
US College / Unemployment Rate for Bachelor’s-Degree: 3.7 Percent
I like to make this chart of unemployment rates by education attainment every few months. And it’s been a few months, so: Here’s what this graph does not say. It doesn’t say that college is guaranteed to get you a job, especially right out of school. It also doesn’t say that college drop-outs are destined … Continue reading
Apprenticeship / Rolls-Royce Is Hiring
To make sure its cars are everything their buyers desire, Rolls-Royce trains its craftspeople for years. Now the automaker needs more people for its Apprenticeship Program, and it is encouraging teenagers to sign up. People aged 16-24 can apply to be part of the next generation of employees who work with the leather, wood, paint, … Continue reading
US Mexican immigrants / 64 percent have not pursued naturalization
Mexican immigrants living in the United States legally are slow to seek U.S. citizenship, results of a Pew study released Monday indicate. Of the 5.4 million legal Mexican immigrants, 64 percent have not pursued naturalization. The 36 percent who have is about half the rate of legal immigrants from all other countries combined, the Pew … Continue reading
D.C. area / Local governments restart hiring
As many state and local governments strengthen their once-shaky fiscal footing, there are signs that municipalities in the Washington region have returned to a more normal trajectory for hiring after being constrained during the recession and its immediate aftermath. The government sector added 8,900 jobs in the D.C. area in 2012, according to the Labor … Continue reading
Philippines / Creating ‘good jobs’: an ‘overwhelming challenge’ says World Bank
A World Bank official has called the huge number of unemployment and underemployment in the Philippines as a huge challenge for the Aquino administration. “The need for good jobs — jobs that raise real wages or bring people out of poverty — is an overwhelming challenge,” Motoo Konoshi, World Bank Country Director, speaking before hundreds … Continue reading
Germany / Behind in hiring skilled foreign workers
The OECD says German firms continue to recruit too few skilled workers from outside of the country, even when they have difficulties filling vacancies. This is one of the key findings of a new migration report. According to the report unveiled by the Organisation for Economic Cooperation and Development (OECD) at a press conference in … Continue reading
New Mexico / Voters might decide if minimum wage is indexed
Lawmakers are considering a proposal to allow voters to decide whether New Mexico’s minimum wage should be increased annually for inflation. The House Labor and Human Resources Committee has scheduled a hearing Tuesday on the proposed constitutional amendment. The measure is sponsored by the committee’s chairman, Democratic Rep. Miguel Garcia of Albuquerque. The state’s minimum … Continue reading
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