Job Market Monitor
Michel Cournoyer
UK – Royal Mail’s investment – 1,000 jobs
ROYAL Mail has announced a £75million investment programme for its UK express parcels business, creating 1,000 jobs. The expansion is part of its strategy to grow in the UK and overseas. In the last reported financial year, its parcels businesses accounted for almost half of the group’s revenues, excluding the Post Office, and online retailing … Continue reading
Germany – Employment growth looses momentum but unemployment still falls
In September 2012, a total of 41.8 million persons were in employment whose place of residence was in Germany, according to provisional calculations of the Federal Statistical Office (Destatis). The number of persons in employment was thus by 324,000 above the level of September 2011, which is an increase of 0.8%. Employment growth on the … Continue reading
US – Job Growth During the Recovery
“Congress in recent years passed a number of bills intended in part to jump-start a recovery in the labor market from the recession that began in December 2007” writes Linda Levine in Job Growth During the Recovery (Adapted excerpts by JMM to follow). What was the labor market’s response to these measures ? How well the … Continue reading
Louisiana – Benteler Steel Tube – 1,000 construction jobs and 675 full time jobs
Benteler Steel/Tube announced it will build a new hot rolling tube mill in Caddo, Louisiana, strengthening the company’s position in the North American oil country tubular goods (OCTG) market. The facility – a total investment of nearly $900 million – will be Benteler Steel/Tube’s first U.S. production facility and will create more than 1,000 construction … Continue reading
Canada – Veterans – Declared ‘surplus’ employees
The growing number of federal employees declared surplus as departments digest the Conservatives government’s spending cuts are squeezing out medically discharged veterans who have also been promised a shot at jobs in the public service. And a Senator who has taken up the cause of veterans believes the only solution is for the government to … Continue reading
Vodafone Hutchison Australia – Massive job cuts to come
Vodafone Hutchison Australia will cut a significant number of jobs across the country, as the organisation looks to recover from massive losses due to network issues that stem back to 2010. It is expected that 10 percent of the company’s workforce, of approximately 5,000, will be made redundant as part of the measure. CEO Bill … Continue reading
Canada – Temporary Foreign Worker Program – Recruiters in China are charging $12,500
News that a company backed by Chinese state-owned steelmakers plans to bring more than 200 Chinese miners to work temporarily in its coal mines in northern B.C. has put a much-needed spotlight on Canada’s Temporary Foreign Worker Program, as has news that recruiters in China are charging $12,500 a head for access to these mining … Continue reading
Montreal – Pfizer cuts 300 jobs
Pharmaceutical giant Pfizer has announced it’s cutting about 300 jobs across Canada, most of them in Montreal. Julie-Catherine Racine, a spokesman for Pfizer Canada, said Sunday that the cuts will be spread across several locations but the majority will be at the company’s headquarters in the Montreal suburb of Kirkland. “After an extensive and rigorous … Continue reading
Newell Rubbermaid – Over 1,900 jobs to be cut
Newell Rubbermaid plans to cut more than 1,900 jobs, or about 10 per cent of its worldwide workforce, over the next two and a half years. The consumer products company, known for Sharpie pens and its namesake containers, said Friday that all savings from the job cuts will be reinvested into growing its brands globally … Continue reading
India – Reliance Life Insurance Company – To hire 1,000
Leading private sector insurer Reliance Life Insurance Company (RLIC) plans to hire about 1,000 employees for its new distribution channel Life Plaza by March, 2013. RLIC, part of Anil Ambani-led Reliance Group’s financial services arm Reliance Capital, is also setting up close to 200 branches across the country under the newly-launched distribution model, Life Plaza, … Continue reading
Irish workers – Looking for jobs in B.C.
A B.C. construction industry team got a warm welcome at job fairs in Ireland, where out-of-work tradespeople are desperate for jobs being offered in Canada. At a job fair in Dublin, 10,000 workers came through the door, said Abigail Fulton, vice-president of the B.C. Construction Association. The delegation also set up in Cork and Belfast … Continue reading
Ireland – Jobs for 250, but 60 posts go
TWO firms have given one county a 200-jobs boost, but 60 were lost when a company went into liquidation after seven decades in business. Call centre provider Voxpro and meat processor Kepak made the announcement of 200 new positions for Cork. And 50 jobs are to be created by Europcar with the opening of new … Continue reading
Skills Gap – Illinois – Widening on factory floors
Say “skills gap” to any manufacturer, and invariably they’ll respond with the number 600,000. That’s the gaping hole of unfilled jobs at U.S. manufacturers—for Illinois, estimates point to 30,000 unfilled jobs. The talent shortfall carries serious consequences. In a Manufacturing Institute 2011 skills gap report surveying more than 1,100 U.S. manufacturers, 74 percent of respondents … Continue reading
Public sector jobs crowding out private jobs – Sheer mystical gobbledygook writes Krugman
Both Dean Baker and Josh Bivens weigh in Robert Samuelson’s outburst at the New York Times for saying that the government can too create jobs. (He went so far as to call it “flat-earth” thinking). Sadly, Samuelson’s attitude is widely shared — even, at least rhetorically, by Barack Obama. So let me not focus on … Continue reading
Finland – Unemployment among highly educated has grown significantly
Unemployment among the highly educated has grown significantly faster than in any other group, reports the daily Helsingin Sanomat. Between last year and this year, overall unemployment rose by six percent. However the rate jumped by 18 percent among job seekers with Master’s degrees. The unemployment rate among highly educated workers is around half of … Continue reading
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