Job Market Monitor
Michel Cournoyer
Air Georgian and Air Canada Announce an Airline Pilot Hiring and Training Program Partnership
Air Georgian and Air Canada, announced today the creation of a unique cadet pilot hiring program for high-achieving Canadian youth. The program is designed to encourage young men and women to consider careers in commercial aviation by assisting them with pilot training and offering them a clearer path to rewarding employment opportunities. Candidates must be … Continue reading
Psychology / The Toll and Fallout of High Unemployment
The job market continued to improve last year, but the pace of improvement was agonizingly slow. The unemployment rate edged down to 7.8%, a drop of 0.7% compared with the end of the previous year. Payroll employment grew 153,000 a month. Payroll gains in 2010, 2011, and 2012 have now offset a little more than … Continue reading
Job Search / NEW Facebook Graph Search
On Tuesday, Facebook Inc. unveiled its new Graph Search tool (pictured below), which will enable users to search friends, and friends of friends, for all kinds of information. Instead of simply directing users to the timelines, Facebook’s Graph Search tool will allow users to search “photos,” “likes” and comments — with just simple short phrases, … Continue reading
US / Labor groups working to extend the state’s anti-bullying laws from schools to the workplace (video)
Related Posts Workplace Bullying / Hard on Witnesses Too POSTED BY JOB MARKET MONITOR ⋅ DECEMBER 14, 2012 ⋅ LEAVE A COMMENT People who experience or witness workplace bullying are more likely to have prescriptions for antidepressants, sleeping pills and tranquilizers, a new study finds. Previous research has shown that workplace bullying affects mental health, but it hasn’t been clear … Continue reading
Puerto Rico / A plan to create 50,000 jobs
Puerto Rico’s new governor strode onstage wielding a baseball bat on Wednesday as he unveiled a long-awaited plan to help create thousands of jobs on an island struggling to emerge from a financial crisis. Alejandro Garcia Padilla signed a new law called “Jobs Now” in front of hundreds of business owners and dozens of government … Continue reading
US / Express Scripts / More than 400 layoffs so far at Medco Health Solutions
Express Scripts Holding Co. has trimmed the staff at Franklin Lakes-based Medco Health Solutions Inc., its $29.1 billion acquisition, by roughly 20 percent in Bergen County since last April, laying off more than 400 employees. This week St. Louis-based Express Scripts, which became the nation’s largest pharmacy benefits manager when it bought Medco, confirmed it … Continue reading
Lockheed / Another 150 workers at Fort Worth
An additional 150 workers at Lockheed Martin Aeronautics in west Fort Worth received pink slips today, more than doubling the number of layoffs since the first of the year. Employees at the plant have been told that their last day of work is expected to be Jan. 25, Lockheed spokesman Ken Ross confirmed in an … Continue reading
Update – Montréal / Cirque du Soleil / 400 jobs cut
Cirque du Soleil has announced it will lay off about 400 people between January and March. On Wednesday, the company said the first round of layoffs would happen before the end of the month. Cirque spokeswoman Renée-Claude Ménard said at least 50 per cent of the cuts will be taking place at the company’s Montreal … Continue reading
Indonesia / Minimum Wage / A Task Force to Anticipate Labor Layoffs
The Manpower and Transmigration Ministry has established a task force to monitor the threat of job dismissals following the implementation of monthly minimum wage standards considered as too burdensome by industries, the ministry said on Wednesday. “Our task force is continuously monitoring, so that not a single job dismissal takes place because of the rising … Continue reading
US / Business Roundtable proposes raising retirement age to 70
A business group of top executives on Wednesday proposed reforms to Social Security and Medicare that would raise the enrollment age for both programs to 70 but not raise Social Security taxes paid by upper-income Americans. The Business Roundtable, which represents more than 200 chief executives from some of the largest U.S. corporations, also urged … Continue reading
US / Pentagon / Civilian hiring freeze
The Pentagon is starting a civilian hiring freeze, effective immediately, Bloomberg News is reporting Wednesday. The move is related to the budget sequester that will take effect in March if Congress and the White House don’t act to turn off the sequester or replace its automatic spending cuts. While expected — Defense Secretary Leon Panetta … Continue reading
Scotland / Blockbuster / 300 jobs at risk
THOUSANDS of jobs are at risk after DVD rental firm Block-buster UK yesterday became the latest high street chain to go into administration. The company, which employs 4,190 staff, including more than 300 in Scotland, follows music retailer HMV, which called in administrators earlier this week. The Uxbridge-based business, which opened its first store in … Continue reading
Walmart / Planning to hire more than 100,000: Why ?
Wal-Mart Stores (WMT +0.17%) isn’t planning to hire more than 100,000 veterans over the next five years out of the goodness of its heart, but that is not necessarily a bad thing. As Matthew Yglesias at Slate notes, “Wal-Mart is anticipating that demand conditions will warrant them adding a fair amount of staff over the … Continue reading
US / 47.5 million in Working Poors Families, could reach 50 millions soon
“While the U.S. economy has shown some signs of recovery—the U.S. unemployment rate has dipped below 8 percent from 10 percent three years ago—the economic outlook for many working families is bleak” write Brandon Roberts, Deborah Povich and Mark Mather New in LOW-INCOME WORKING FAMILIES: THE GROWING ECONOMIC GAP (Adapted choosen excerpts by Job Market Monitor to follow) Data from the U.S. … Continue reading
US / Unemployment Insurance: Extended benefits have added more than 125 percent over the past two years
“Unemployment insurance programs insure workers against the risk of lost income if they lose their job through no fault of their own. In the U.S., the program is run at the state level. Each state sets its benefit level and eligibility criteria, and finances these benefits through payroll taxes.2 ” write David L. Fuller, B. Ravikumar and … Continue reading
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