Job Market Monitor
Michel Cournoyer
American Veterans | Trends and Programs
“Veterans’ employment outcomes in the civilian labor market are an issue of ongoing congressional interest” write Benjamin Collins, David H. Bradley, Cassandria Dortch, Lawrence Kapp and Christine Scott in Employment for Veterans: Trends and Programs for CRS (Adapated choosen excerpts by JMM to follow) This report offers introductory data on veterans’ performance in the civilian labor market as well as a discussion … Continue reading
The City | Women miss out on top jobs
Just one in five mid to senior-level jobs in the City are filled by women and only 6 per cent of managing directors are female, research has found. The survey by Astbury Marsden, a financial services recruiter, suggests women still face a glass ceiling despite efforts by banks and hedge funds to address the gender … Continue reading
New Zealand | Gender pay gap widens
The gender pay gap is the biggest it has been in 10 years, according to new data from Statistic New Zealand. The quarterly employment survey shows the gender gap has increased in the year to September by 1.3 per cent, from 12.85 per cent to 14.18 per cent. Pay Equity Challenge Coalition said it was … Continue reading
Teleworking | IP Australia stops the brain drain
IP Australia has been allowing staff to work remotely for eight years, and believes it is the best way to retain skilled employees. Living in our nation’s capital isn’t for everyone, and IP Australia realised eight years ago that retaining skilled patent examiners would mean letting some employees work outside of its Canberra base. IP … Continue reading
Skills Gap | Three million open jobs in U.S. (Video)
Millions of jobs are waiting to be filled, but employers say they can’t find qualified workers because of “the skills gap.” Byron Pitts reports. Watch @: via Three million open jobs in U.S., but who’s qualified? – 60 Minutes – CBS News. Related Posts Apprenticeship | Skills Gap in Advanced Manufacturing POSTED BY JOB MARKET MONITOR ⋅ NOVEMBER 10, … Continue reading
Pilots | Airlines Face Acute Shortage Writes WSJ
U.S. airlines are facing what threatens to be their most serious pilot shortage since the 1960s, with higher experience requirements for new hires about to take hold just as the industry braces for a wave of retirements. Federal mandates taking effect next summer will require all newly hired pilots to have at least 1,500 hours … Continue reading
UK | Skills gap continues to plague manufacturers
Staffing problems are driven by candidates’ lack of technical skills and experience, as well as a lack of applicants for jobs, according to the study by the manufacturers’ body, published on Monday. Employers are being “proactive” towards addressing skills gaps by developing links with schools and colleges, increasing investment in quality apprenticeships and pumping more … Continue reading
David Frank, 88, Oldest Home Depot Employee
At 88 years old, David Frank is the oldest Home Depot employee in North America, and he’s definitely one of the sharpest tools in the box. Frank, who lives in Windsor and has worked at the Walker Road store for 11 years, said he doesn’t really see his part-time position in the hardware department as … Continue reading
ILVA | Temporary layoffs of 2000
ANSA reported that troubled steel manufacturer ILVA warned that it will seek judicial relief from environmental shutdown orders, complaining it can’t make any business plans while the orders are in place. Mr Bruno Ferrante president of ILVA complained in a letter to the ministry of environment that “This company cannot, at present, make any declaration … Continue reading
Ireland | Fidelity Investments to create 200 new jobs
Financial services giant Fidelity Investments is to create 200 new jobs in Dublin and Galway involving a diverse mix of technology, back office operations and enterprise services skills. The IDA Ireland-backed investment will see new employees – ranging from entry-level to management positions – join highly integrated global teams providing finance, treasury, HR and end-user … Continue reading
SAS | To cut nearly 6,000 jobs
Loss-making airline SAS will shed nearly 6,000 staff through cuts and asset sales to secure loans from banks and Nordic governments to help it survive a global downturn and fierce competition. SAS (SAS.ST), one of the European flag-carriers being squeezed by discount carriers such as Ryanair (RYA.I) and Norwegian (NWC.OL), has not made a full-year … Continue reading
Japan | Economy shrinks an annualized rate of 3.5 pc
Japan’s economy shrank in the September quarter for the first time since last year, adding to signs that slowing global growth and tensions with China are nudging the world’s third-largest economy into recession. The 0.9 percent fall in GDP was in line with expectations, although a decline in capital expenditure was much steeper than forecast. … Continue reading
(UPDATE) US Presidential Election – The Day After ? Planned layoffs jump to five-month high in Oct
The number of planned layoffs by firms jumped 41.1 percent in October to the highest level in five months, although the number includes more than 10,000 jobs in U.S.-owned auto plants in Europe, a report said on Thursday. Employers announced 47,724 planned job cuts last month, up from September’s 33,816, according to the report from … Continue reading
France | Employment | ‘Buy French’ Campaign
French consumers are being urged to choose products made in France as a patriotic response to the country’s economic travails. As part of a strategy to cut imports and boost national industry, the government is encouraging shoppers to read the label before they buy. “ ‘Made in France’ has never been so fashionable,” according to … Continue reading
Youth Unemployment | More severe in countries in which vocational preparation takes place in full-time schools
“Young graduates and early school leavers entering the labour market are a population at risk. They are exposed to above-average turnover rates between different jobs and face an increased risk of unemployment. “ write Marc Piopiunik and Paul Ryan in Improving the transition between education/training and the labour market: What can we learn from various … Continue reading
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