Job Market Monitor
Michel Cournoyer
US / Raise the Minimum Wage
If Democrats/liberals really wanted to help the poor, a good place to start would be raising the minimum wage. The exact amount is different depending on where one gets their information, but based on what I’ve read, if we took the minimum wage in 1968 and indexed it to inflation, these workers would make roughly … Continue reading
US / Losing the Race for Entrepreneurial Talent ? (Video)
In 2005, immigrant entrepreneurs launched 52% of all startups in Silicon Valley. But today, the number has dropped to 44%, and America is not only losing the opportunity to create new jobs but also losing its competitive edge, argues Vivek Wadhwa in his short, passionately argued book, The Immigrant Exodus: Why America Is Losing the … Continue reading
Background checks mistakes can shut out jobs
A recent survey by the Society for Human Resource Management indicated that about two-thirds of employers conduct criminal background checks on all job candidates. An array of companies, which don’t have to be licensed, offer the service. Searches, though, vary in accuracy. An April report published by the National Consumer Law Center found that many … Continue reading
UK / Newcastle Council cuts 1,300 jobs
More than 1,300 jobs are to be axed by a North East council struggling to trim £90m from its budget. Newcastle City Council – which employs 10,500 staff – will also shut 10 libraries, although it said its new £24m city centre library was safe. A spokesman blamed rising costs and a greater demand for … Continue reading
UK Public Sector / 70% of hiring managers saying a lack of new talent is hindering efficiency
Over 1.5m public sector job vacancies will need to be filled by 2017, but ‘poor perception’ is presenting a key barrier to attracting new recruits, according to new research. Bridging the Gap: Developing a framework to attract new talent into the Public Sector – published by the Centre for Economics and Business Research (CEBR) and … Continue reading
We’ve Seen This (Manufacturing) Movie Before
At the dawn of the 19th century, farmworkers were somewhere between 75% and 80% of the entire labor force. That number was still over 50% in 1860. It was not just the Industrial Revolution that increased the number of manufacturing workers in the US, it was an agricultural productivity revolution that allowed more food to … Continue reading
(UPDATE) SAS | To cut more than 7,000 jobs
SAS Group to cut more than 7,000 jobs SAS Group’s plans to eliminate jobs and shrink its business were accepted by pilot and cabin-crew unions as Scandinavia’s biggest airline fights to stay afloat. SAS surged 29 per cent after reaching accords with all eight labour groups, with one deal that covers 600 Swedish cabin crew … Continue reading
Sharp / 3,000 volunteers for 2,000 job cuts
Struggling Japanese TV maker Sharp Corp (6753.T: Quote) said on Tuesday about 3,000 of its workers volunteered for early redundancy, far more than the 2,000 it aims to lay off in a bid to trim costs amid mounting losses… Choosen excerpts by Job Market Monitor from via Sharp seeks 2,000 job cuts, gets 3,000 volunteers … Continue reading
Job cuts around Europe
Here is look at major company job cuts announced and planned around Europe in the past month as economic worries spread: Source: via FACTBOX-Job cuts around Europe | Reuters.
Africa / AfDB-OECD Conference On Youth Employment in West Africa
The Government of Senegal hosted the West Africa Regional Conference on Youth Employment on Saturday, November 10 in Dakar. The one-day conference, co-organized by the African Development Bank and the OECD Development Centre, brought together West African Ministers, youth organizations, civil society and the private sector. The conference received the special attendance of H.E. Olusegun … Continue reading
N.J. / Democrats raise minimum wage to $8.50
So much for the bipartisan lovefest brought on by Hurricane Sandy. Democrat and Republican senators clashed Monday over a proposal to raise the state’s minimum wage to $8.50 from $7.25 and provide for annual cost of living increases. The Senate Budget committee advanced the bill by a 7-6 vote, and the Senate is expected to … Continue reading
Bullying in Workplace / Robyn Durling Interview
The B-C Government brought in new legislation this year around bullying in the workplace. The province is the fifth in Canada to tackle workplace bullying. There’s nothing similar in the Yukon. Robyn Durling is with Bully Free BC and follows developments south of the border and beyond. via CBC.ca | A New Day | Bullying … Continue reading
Workplace bullying – Follow the debate
Last week, Fulton County banned bullying in the workplace, making it a firable offense. The director of a workplace institute praises Commissioner Bill Edwards, who proposed the rules for addressing the harm bullying inflicts on victims and the work environment. While a criminal justice professor applauds anti-bullying policies intent, he says they aren’t an instant … Continue reading
UK / Hovis To Cut 900 Jobs
The owner of Hovis has announced plans to cut 900 jobs in its struggling bread business as profits become harder to come by. In a statement, Premier Foods said it was to close two bakeries and reform its delivery network. The biggest impact will be felt in Birmingham, where 511 jobs are to be lost … Continue reading
(UPDATE) Greece – No to additional 22,000 layoffs asked by IMF
Greece / Rejecting IMF demand for 22,000 extra layoffs Greece has rejected a last-minute IMF demand for thousands of additional civil service layoffs, a finance ministry source said on Tuesday ahead of a crucial eurozone meeting to debate loan relief for Athens. The global lender on Monday called for 22,000 extra job cuts by 2014 … Continue reading
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