Job Market Monitor
Michel Cournoyer
Ohio / Shale gas development would support 39,000 jobs
The gas and oil industry’s development of Ohio’s Utica shale supported nearly 39,000 jobs in the state in 2012 and generated $1.5 billion in taxes, a new economic study commissioned by the industry estimates. Released Wednesday as part of a multi-state analysis by IHS, Inc., a global market information and analytical company, the study noted … Continue reading
South Australia / Government to axe 1750 public sector jobs over the next four years
SOUTH Australia has plunged deeper into the red with falling revenues forcing the state government to cut spending and slash jobs in the mid-year budget review. The government will cut spending by $464 million and axe 1750 public sector jobs over the next four years as it copes with revenue write-downs of more than $3 … Continue reading
Quebec / Minimum wage set to rise $0.25 per hour (2.53 per cent ) on May 1
The minimum wage in Quebec will increase by $0.25 per hour effective May 1, bringing it to $10.15. This measure, announced Wednesday, will benefit more than 365,000 workers in Quebec, including more than nine out of 10 working in the service sector, particularly in the hospitality, catering and retail. The minimum wage for employees who … Continue reading
Mexico / Minimum wage to raise by 3.9% in 2013
Mexico’s minimum wage commission agreed Tuesday to grant a 3.9% increase in the minimum wage beginning in 2013, below the 4.2% hike granted a year before and less than the current rate of inflation. The commission, which includes representatives of government, business and labor unions, said the increase of 3.9% brings to just under 65 … Continue reading
Canada / Foreign Skilled Workers / Language ability and education credentials, greater weight to youth
New requirements for immigrants coming to Canada under the federal skilled worker program will emphasize the ability to speak English or French and give greater weight to young applicants, Immigration Minister Jason Kenney announced Wednesday. Once potential immigrants have their language skills assessed, their education credentials will be assessed by an organization designated by Kenney. … Continue reading
GM / Camaro production shifted from Oshawa to Michigan – 2 000 jobs at stake
General Motors is moving production of the Chevrolet Camaro from its Oshawa, Ont., plant to a Michigan facility, the company said in a statement denounced by the Canadian Auto Workers’ union as a “betrayal.” GM said Wednesday that “lower capital investment and improved production efficiencies were key factors” in the move. But CAW president Ken … Continue reading
Europe / Recession / Turning off the heat and skipping meat at Christmas
The euro zone debt crisis has put a damper on this festive time of year in southern Europe. In Greece, families say they’re turning off the heat and skipping meat at Christmas dinner. Lisboners will be cutting back on gifts (one cleaning lady told Reuters she will only give “bare necessities”). And Italian civil servant … Continue reading
Texas / Half a million jobs added by oil and gas boom
Texas has gained more than 576,000 jobs from the ongoing U.S. oil and natural gas boom, far more than any other state, the IHS CERA analysis group reported Wednesday. The estimate includes both direct hires by oil and gas companies and other jobs in manufacturing and services that contribute to the boom or benefit from … Continue reading
Brazil / Petrobras $15.4 billion costs cutting – Impacts on jobs unknown
Brazil’s state-led oil company Petrobras (PETR4.SA) plans to cut costs by 32 billion reais ($15.4 billion) between 2013 and 2016 to stanch the impact of falling output and rising debt on its ambitious expansion plan. The plan will focus on 39 areas that accounted for 43 billion reais of spending in 2011 and seek to … Continue reading
86% jobs not suitable for Saudis says Labor Minister Adel Fakeih
Labor Minister Adel Fakeih said yesterday that 86 percent of jobs done by expatriates are not suitable for Saudis. However, he said the new Saudization drive was aimed at creating more jobs for two million unemployed citizens. Speaking to Al-Sharq daily, he said 85 percent of Saudi job seekers are women. “Moreover, 330,000 Saudis, who … Continue reading
Pfizer’s Lipitor / 600 jobs cut
Pfizer Inc (PFE.N) plans to cut about 20 percent of its sales force for primary-care drugs, Bloomberg News reported, as the pharmaceutical company copes with the loss of a patent for top-selling cholesterol drug Lipitor. The staff cuts will amount to about 600 sales people out of 3,000, and will begin this month, Bloomberg said, … Continue reading
Advantage Ontario calls for action in Ontario’s key tradable sectors to create jobs
“We are living in an era of increased global competition and the continuing aftermath of the financial crisis and global recession” writres Gord Nixon and Kevin Lynch in the LETTER TO ONTARIANS introducing the report of the Jobs and Prosperity Council ADVANTAGE ONTARIO (Adapted choosen excerpts by Job Market Monitor to follow) Economic globalization has at once undermined traditional … Continue reading
Lithuania / Minimum wage will increase at 6.06 LTL (EUR 1.7)
On Wednesday, the Government of Lithuania led by Social Democrat Algirdas Butkevicius approved of the proposition to increase minimum monthly wage (MMA) to LTL 1,000 (EUR 289) as of January 1, 2013, informs LETA/ELTA. The minimum hourly wage was set at LTL 6.06 (EUR 1.7). “We start work by implementing the commitments made to our … Continue reading
Canada / Immigration / Good on adoption, less on integration
Canada is known internationally as the poster country for multiculturalism. We have the highest level of immigration per capita of any country, about 250,000 immigrants a year. Almost 20 per cent of our residents are foreign-born. In about 20 years, Statistics Canada predicts that about a quarter of our population will be foreign-born. While many … Continue reading
Canada / Employment Insurance / Up 4,600 (+0.9%) to 535,000October 2012
Following a small decline in September, the number of people receiving regular Employment Insurance (EI) benefits in October edged up 4,600 (+0.9%) to 535,000. The number of beneficiaries increased slightly in Alberta, New Brunswick, Ontario, Manitoba and Quebec, while it edged down in British Columbia. Employment Insurance beneficiaries edge up in October . Choosen excerpts by Job Market … Continue reading
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