Job Market Monitor
Michel Cournoyer
Disney / Layoffs could come
Walt Disney Co (DIS.N: Quote), which reported record earnings in November, started an internal cost cutting review several weeks ago that may include layoffs at its studio and other units, three people with knowledge of the effort told Reuters. Disney, whose empire spans TV, film, merchandise and theme parks, is exploring cutbacks in jobs no … Continue reading
Finland / Moventas Gears: Layoffs to come
Moventas Gears – the Finnish gear maker owned since last year by Scottish engineering group Clyde Blowers – is in discussions with staff over the implementation of temporary layoffs, which it blames on an “insufficient order backlog” for early 2013. Last year Moventas nabbed an €80m ($106m) contract to supply gearboxes for Areva’s 5MW offshore … Continue reading
Spain / Banco Novagalicia: 2,508 layoffs
The Banco Novagalicia involved in the Spanish banking crisis has presented a restructuration plan providing for 2,508 workers to be laid off by 2017 and 327 offices to be closed by 2015. Unions have criticized the plan and said the bank did not promote any negotiation and have organized a strike and demonstration on January … Continue reading
UK / Penguin Books publisher to close apprenticeship unit: 5,000 apprentices and 500 jobs could be cut
The media and education group, which also owns publisher Penguin Books, said that changes to the way apprenticeship schemes are funded had had a “radical” impact on demand for the courses offered by Pearson in Practice, which are tailored to specific industries and each last between three months and a year. Around 5,000 apprentices signed … Continue reading
European Universities / An ‘F’
Outmoded teaching, overcrowded classrooms and even broken windows are common complaints by both teachers and students at French universities – even the Sorbonne, one of Europe’s oldest and most illustrious schools. Classes often begin with a hunt for spare chairs as classrooms built for 20 students regularly pack 40 or more. Sometimes students are forced … Continue reading
Apple / Hiring at Data Center
Apple is continuing to hire staff for its data center operations, with positions available at current and future locations in North Carolina, Oregon, California sites in Newark and Santa Clara, and a new data center under construction in Reno, Nevada. The current openings include a position for a Data Center Site Services Manager in Maiden, N.C. … Continue reading
Alberta / Fast Tracking Skilled Immigrants or Training Canadians ? (video)
A fast track for skilled immigrants takes effect today, but should we be training more Canadians. Source: via Alberta Primetime – Alberta’s Fast Track for Skilled Immigrants.
Greece / Hellenic Telecommunications Organization (HTO) / 1,500 Jobs Cut
Greece’s Hellenic Telecommunications Organization (HLTOY) said Monday around 1,500 workers took part in its voluntary redundancy plan, enabling the company to reduce operating costs significantly and improve its competitiveness. The company estimates that its costs will be reduced by 80 million euros ($104.5 million) annually. Since the beginning of January, “the number of OTE employees … Continue reading
US / Greater demand for physicians
National recruiters say that as good as 2012 was for physicians seeking employment in hospitals or groups, 2013 will be even better. Due to impending physician retirements, decreases in the hours doctors work and increased demand for physicians, job opportunities for employed physicians won’t just be more plentiful but also will offer more variety. That … Continue reading
US / Five states without a state-set minimum wage, Louisiana is one of them
A recent national report shows that Louisiana is one of only five states without a state-set minimum wage, but state officials say it doesn’t really matter. The National Conference of State Legislators report shows that Louisiana, Alabama, Mississippi, South Carolina and Tennessee have no set minimums that must be paid to workers in private or … Continue reading
Becoming an Expat Worker in China
Younger people from a wider variety of countries are being attracted to live and work in China, according to a survey. However, becoming an expat in China can be challenging and there is increasing competition from highly qualified Chinese people. Some 70% of expat executives who took part in survey conducted by the Association of … Continue reading
Canada / In effect today: The new Job Alerts system to Employement Insurance Recipient
Employment Insurance changes come into effect today Contentious changes to employment insurance are now in effect. Beginning Sunday, people on EI face stricter, more complex rules for keeping their benefits, with the goal of getting unemployed workers back into the workforce sooner. To help people get back to work, the government has also launched a … Continue reading
Children / Preschools / A bonus for hiring men
Researchers Inga Wernersson and Ingrid Granbom reviewed efforts to include men in the traditionally woman-dominated field. They looked at different policies to include more men at different levels of teaching since the 1960s. There were efforts in the 60s and 70s to increase their representation in teacher training, but the efforts did not address the … Continue reading
10 Top Jobs for Parents
Finding the right job as a working parent is no easy task. It can be hard to juggle a family and a job, but there are jobs that make it easier for parents to balance life and work. Along with a good salary, parents often need jobs that offer flexible hours and even work-from-home opportunities. … Continue reading
It’s not a skill mismatch: Disaggregate evidence on the US unemployment-vacancy relationship
US unemployment seems stuck at an unusually high level of 8%, prompting some to suggest a widespread skills mismatch. This column argues that a skills mismatch is not supported by the evidence. Rather, out of the possible explanations, it seems that any shift in the ratio between unemployment and vacancies is driven by either lower … Continue reading
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