Job Market Monitor
Michel Cournoyer
US Youth / More Are Homeless
Across the country, tens of thousands of underemployed and jobless young people, many with college credits or work histories, are struggling to house themselves in the wake of the recession, which has left workers between the ages of 18 and 24 with the highest unemployment rate of all adults. Those who can move back home … Continue reading
US / Top charts of 2012 by the Economic Policy Institute
EPI’s top charts of 2012 are drawn from our flagship publication, The State of Working America; regularly updated Economic Indicators; weekly Economic Snapshots; and posts on Working Economics, the EPI blog. Taken together, they illustrate that in 2013, policymakers must do more to ensure the U.S. economy works for all Americans. Here are the fisrt … Continue reading
The academic arms race: to educate everyone at the level of the elite in the past
The good jobs that do exist increasingly require higher education: Since the recession started in the U.S. in 2007, the number of jobs needing a college degree has risen by 2.2 million, according to a recent Georgetown University study. The number of jobs for mere high-school graduates fell by 5.8 million. Just to stay even, … Continue reading
China / Over 12 million jobs created this year
The Chinese government today said it has created 12.02 million new jobs in the first 11 months of this year surpassing the goal of 9 million. The urban registered unemployment rate stood at 4.1 per cent at the end of September, below the annual target of 4.6 per cent, the Ministry of Human Resources and … Continue reading
Global Job Gap / At least until 2017 to recoup the lost in the US and Europe says UN
World economic growth has weakened substantially this year and faces the confluence of a triple threat — the fiscal cliff in the United States, a worsening European debt crisis and a sharp slowdown in China, the United Nations said in a year-end report released on Tuesday. The worst case, the report said, could be a … Continue reading
Born in the bottom without higher education: 45% chance of remaining there
As the semester draws to a close at schools and universities across the country and college applications are submitted, the Treasury Department has released a report that should be food for thought for students scrambling to complete their work and finish their exams. The new report, prepared in conjunction with the Education Department, shows that … Continue reading
The Day After Sandy Hook / Funding cuts force layoffs at nonviolence institute
An organization that advocates and teaches nonviolence practices in Rhode Island schools and prisons has been forced to lay off staff, its executive director said Monday. Teny Gross of the Institute for the Study & Practice of Nonviolence said losses in federal and state funding have forced the institute to lay off about one-third of … Continue reading
Ireland / Call centre brings 250 jobs
A CALL centre has delivered an early Christmas present of 250 new jobs to an unemployment blackspot. Three former Talk Talk workers, who set up Irish technical support company Eishtec, are expanding their business to a second centre in Drinagh, Co Wexford. The jobs, which are service and technical support roles, are being welcomed in … Continue reading
From Gender to Mother Gap: Britain full-time working mothers earn 21% less than men
Mothers who work full-time earn 21 per cent less than men, a report revealed yesterday. But even women without children are victims of Britain’s gender pay gap. On average, they earn 7 per cent less than men in full-time jobs, the Organisation for Economic Co-operation and Development said. ‘Women pay a high price for motherhood,’ … Continue reading
UK / Large scale redundancy period cut from 90 to 45 days
The 90-day period before large scale redundancies can take place is to be cut to 45 days, the Government announced today. Employment Relations Minister Jo Swinson said the move, along with other changes, was aimed at helping workers and businesses. But the TUC said the last thing the country needed was for the Government to … Continue reading
India / Toward quota for Muslims in govt jobs ?
Apparently taken aback by BSP chief Mayawati successfully pushing the quota in promotion bill, Samajwadi Party chief Mulayam Singh Yadav sought to counter it in the Lok Sabha on Tuesday by making a strong pitch for reservation in government jobs for Muslims. Raising the issue during Zero Hour, Yadav contended that the plight of the … Continue reading
India / Jobs in textile sector to grow 15% by 2017
The number of jobs in India’s textiles and allied sectors is estimated to rise by about 15 percent by the end of the 12th Five Year Plan. At the end of fiscal year 2010-11, there were 105 million people employed in India’s textiles and allied sectors, PTI quoted Textiles Minister Anand Sharma mentioning in a … Continue reading
Canada / 10,800 Public Servants jobs cut so far
Federal public servants whose jobs were cut because of the government’s budget reductions are leaving the workforce, and the majority of people whose jobs could disappear in the coming months have been put on notice, say public sector unions and the Treasury Board Secretariat. Between April 1 and Sept. 30, federal departments and organizations have … Continue reading
French minimum wage: 9.43 euros ($12.40)
France’s Socialist government has announced it’s raising the country’s minimum wage for the second time in seven months. The measure is to boost consumer spending despite Paris’ austerity course. The French government said on Monday the cross-sector general minimum wage in the country would be increased by 0.3 percent as of January 1, 2013. It … Continue reading
Focusing on autistics strengths to create 1 million jobs worldwide
Danish company Specialisterne (the Specialists) wants to help create 1 million jobs worldwide for high functioning autistic workers by focusing on their strengths instead of their weaknesses. Owned by the nonprofit Specialist People Foundation, Specialisterne outsources workers with autism and similar challenges once seen as unemployable to perform high-paid consulting tasks in the IT, telecom, healthcare, … Continue reading
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