Job Market Monitor
Michel Cournoyer
Job Search Tool / Gradspring is for recent college graduates
College graduates have come to understand the stress and competitiveness of the job market all too well, and bridging the gap between college grads and companies has become a job in itself. Gradspring, an online job board and career resource for new graduates, might be the solution for students seeking post-graduation employment. More than 3,000 … Continue reading
Ontario / Ford offers jobs to laid off workers
Laid off Ford workers in Windsor and St. Thomas have until Dec. 14 to decide whether to apply for close to 400 jobs that will be opening up early next year at the automaker’s operation in Oakville, Chris Taylor, president of CAW Local 200, said Thursday. As part of the a preferential hiring program, Ford … Continue reading
NY / Hundreds of workers at dozens of fast-food chain stores are walking out on strike
The term “McJob” has come to epitomize all that’s wrong with the low-wage service industry jobs that are growing part of the U.S economy. “It beats flipping burgers,” the cliché goes, because no matter what your job might be, it’s assumed to be better than working in a fast-food restaurant. Today in New York City, … Continue reading
Women in US – America has a “leaky” talent pipeline
“Women have been a growing factor in the success of the U.S. economy since the 1970s. Indeed, the additional productive power of women entering the work force from 1970 until today accounts for about a quarter of current gross domestic product (GDP). Still, the full potential of women in the work force has yet to … Continue reading
Unemployment Rates / US: Education still matters
Unemployment does not strike indiscriminately. Education, and with it, skills and competencies make a huge difference. Last october, the unemployment rate for 25 years and older (seasonally adjusted) in the United States was more than three times lower among peoples with Bachelor’s degree and higher (3.8%) than among those who have not completed high school … Continue reading
The Inequality Challenge
High levels of inequality have become a subject of intense debate, particularly in the United States, where inequality has risen sharply over the past 30 years. The rise in inequality in most advanced countries and in many developing countries should be analyzed in the context of other big changes that have affected the global economy … Continue reading
UK / Job preservation better than in past recessions
The UK labour market has done far better than in past recessions in terms of preserving jobs. Does that mean it has been a triumph for the so-called “Anglo-social” model, partway between the liberal US system and more regulated continental European markets? Not quite. Taking the good and bad sides of Britain’s experience, it has … Continue reading
Job Search / Help (and a friend) wanted
Chances are, you’ll never see a job listing like this: Help (and friend) wanted — Must share common interests and be fun to spend time with. But a research paper released Thursday finds that when it comes to choosing job candidates, employers place a heavy emphasis on finding people who are similar to them, and whose company they … Continue reading
UK / Direct Line cuts 236 more jobs
Insurance group Direct Line is to cut a further 236 jobs as part of efforts to save £100million in costs. It said the roles would be cut across divisions including its commercial underwriting operation and risk and compliance function. The latest jobs cull comes on top of redundancies already announced by the group this year, … Continue reading
Pakistan / Women participation in labour force just 28%
Women participation rate in labour force in Pakistan is only 28 per cent, which is particularly low in the urban areas. Household duties and lack of education are considered by more than 80 per cent Pakistani women as the major reasons for their non-participation in the labour force, said World Development Report 2013, issued by … Continue reading
India / Stagnant jobs market
Indian jobhunters such as Mohit Goswami and Sujay Kumar Patwari have discovered an alarming peculiarity about India’s briskly expanding economy: it is creating barely any formal employment, and certainly not the 10m or so jobs needed annually to absorb new entrants to the labour force as the population grows. Mr Goswami, 24, an economics graduate, … Continue reading
Saskatchewan / Minimum wage in increases to $10.00 Saturday
The minimum wage in Saskatchewan is going up on Saturday. Last month, the province announced the minimum wage would increase from $9.50 to $10.00 per hour on Dec. 1. The increase will affect approximately 22,000 minimum wage earners, roughly five per cent of the paid workforce in the province. The minimum call-out pay will also … Continue reading
France / Hollande gives Mittal deadline to save jobs … or nationalisation
PRESIDENT Francois Hollande has given ArcelorMittal CEO Lakshmi Mittal until December 1 to draw up a plan to save jobs at a French plant of the world’s largest steel maker, including its nationalisation. Mr Hollande, who met Mr Mittal for an hour at the Elysee presidential palace in Paris on Tuesday, said he asked Mr … Continue reading
Wessanen / To cut 300 jobs in Europe
Dutch food group Wessanen said on Thursday it would cut 300 jobs and reduce costs by 15 million euros ($19 million)from 2014 onwards as it restructures its European and frozen foods businesses. Source: via Dutch food group Wessanen cuts 300 jobs in Europe | Reuters.
US / Old (white) boys club still alive and well
The proverbial old boys clubs in elite professions may no longer have rules keeping women and minorities out, but an analysis of their hiring practices suggests their upper-class, male and white makeup will stubbornly remain. According to a new U.S.-based study, bankers, lawyers and management consultants would rather hire someone who is like them than … Continue reading
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