Job Market Monitor
Michel Cournoyer
UK / HR workers among the unhappiest
The findings, released today by vocational training organisation, City and Guilds have found that HR professionals are some of the unhappiest across the UK workforce. The Career Happiness Index 2012 looks into what people in the UK consider to be the most important factors contributing to their happiness at work. The index found that among … Continue reading
China / Unemployment on rise
China, with a 4.1 percent urban unemployment rate, is feeling the pressure from the country’s sluggish economy, as new job growth slows and more people become unemployed, a top official said today. “The impact of economic slowdown on the job market is starting to emerge,” said Vice Minister of Human Resources and Social Security Yang … Continue reading
Canada / Talent War / Skilled immigrants: They’re not lining up anymore
If you’re an engineer in China or Brazil, you have a good life. Why come and freeze in Canada, right? It’s a truism that Canada is a nation of immigrants, but in the years ahead, demographics — an aging population and low birthrate — and changing employment patterns, with increased demand for specific skills, indicate … Continue reading
US / Homeland Security to hire 600 cybersecurity pros
Department of Homeland Security (DHS) Secretary Janet Napolitano, acting on the recommendation of the Homeland Security Advisory Council’s Task Force on Cyberskills, said at a Washington Post cybersecurity forum that DHS wants to hire at least 600 cyber experts, analysts, IT specialists and people who are familiar with coding. As a number of cyber experts … Continue reading
Russia / Changing jobs more frequently than other Europeans
Russians change work more frequently than their European counterparts. According to Rosstat (Russia’s Federal Statistics Service), over 11 percent of the working population remains employed at a primary place of employment for less than a year only; for 700,000 employees, this period lasts less than a month. Experts interviewed by RBTH differ in their opinions … Continue reading
UK / Sainsbury’s create 5000 extra seasonal jobs
AN EXTRA 5000 seasonal jobs are being created across the UK by supermarket giant, Sainsbury’s. The jobs boost is to meet increased customer demand over the festive period. In September, the company announced it was creating 15,000 vacancies across its 1,000 stores, filling them in “record time”. Sainsbury’s chief executive Justin King said: “This year … Continue reading
Canada / Quebecor cutting some 500 jobs
Quebecor Inc. is cutting some 500 jobs at its Sun Media newspaper division in a move that includes the closure of two production facilities in Ottawa and Kingston. The downsizing is part of the Montreal-based media group’s efforts to reduce annual costs by $45 million. There had been earlier reports Quebecor (TSX:QBR.B) would eliminate the … Continue reading
Spain / The Real Jobs Crisis
Hunger. Austerity. Unemployment. Secession. Three people killed at a Halloween party stampede. Not a day goes by without bad news about Spain. With family ties to Spain, I have always considered the Iberian peninsula my second home. After graduating from college in New York in 2009, I moved to Madrid. According to data released by … Continue reading
OECD / Unemployment Rate / Broadly the same rate observed since January 2011
The OECD unemployment rate was 7.9% in September 2012, broadly the same rate observed since January 2011. In the euro area, the unemployment rate increased for the 16th consecutive month — up 0.1 percentage point to 11.6% in September. The unemployment rate fell by 0.3 percentage point in the United States in September (to 7.8%), … Continue reading
NBCUniversal / More Layoffs until about 500 people have been trimmed
Job cuts that have been happening for months, including some announced Monday, are part of the parent company’s effort to slash spending. The drip-drip-drip of layoffs at NBCUniversal continued Monday with some New York-based television personnel getting their pink slips. The layoffs are part of a months-long concerted effort by parent Comcast to rein in … Continue reading
‘Obamacare Layoffs’ / Overblown ?
“Obama Reelection Triggers Massive Layoffs Across America.” “Job loss an early consequence of election.” “Obama keeps job; others lose theirs.” “The Obamacare Layoffs Begin…” “Top US Companies Plan Layoffs Because of Obamacare.” These are some of the headlines coming out of media sources like the Washington Times, the National Review, and Fox News since President … Continue reading
Universities / Employability / Professional experience and interpersonal skills are the biggest areas of improvement for graduates
The Global Employability Survey is an online survey conducted amongst recruiters in 20 countries worldwide with the objective of determining what makes the ideal graduate on a longer term. The survey focuses on the following subjects: What qualities should the ideal graduate have? What qualities make a graduate more employable in the long run? Which … Continue reading
Evidences suggests that structural unemployment is worsening in many countries
Since the onset of the Great Recession, there has been a change in the relationship between the unemployment rate and vacancy rate in the U.S.” write Bart Hobijn and Aysegul Sahin in Beveridge Curve Shifts across Countries since the Great Recession on frbsf.org. (Choosen excerpts by JMM to follow) This relationship, summarized by the Beveridgecurve, was remarkably … Continue reading
US / Nonprofit Sector is Growing Faster than Rest of the Economy
The nonprofit sector’s growth in total wages and employees outpaced government and business between 2000 and 2010, The Nonprofit Almanac 2012 shows. The volume was published this week by the Urban Institute Press. Even during and after the recession, from 2007 to 2010, nonprofit employment grew 4 percent and wages increased 6.5 percent, while they … Continue reading
Wisconsin / Skills gap / Boosting job training funds ?
If Wisconsin wants to make a dent in the skills gap, the state will have to make some serious investments in job training, advocates discussed at a luncheon in Brookfield Thursday. Wisconsin is perhaps the only state that doesn’t put any “meaningful dollars” into job training, and the roughly $370 million in federal job training … Continue reading
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