Job Market Monitor
Michel Cournoyer
Australia – Rio close may Gove mine: 1400 jobs lost
Rio Tinto may close its Gove alumina mine in an effort to cut costs globally. The decision follows the miner’s announcement it would slash jobs at the site. At the time Frank Willsdon, Pacific’s general manager, explained that Rio is looking at ways to operate the site with fewer people. “Steadily over time, we [want … Continue reading
UK – Civil service employment down 30,000
The Office for National Statistics said civil service employment has fallen by 34,621 to reach 463,812 in the year to March 31. Over the past two years, more than 60,000 jobs have been cut, the figures show. The number of full-time civil servants fell by just over 34,000 to 354,250 over the period, with the … Continue reading
Thomas Jefferson School of Law misled on percentage of its graduates landing jobs
Thomas Jefferson School of Law, based in San Diego, was the first to face a lawsuit alleging that it misled students by advertising that a high percentage of its graduates landed jobs, without saying which of those jobs required a law degree or were full time. Now, a former career-services employee at Thomas Jefferson says the school didn’t just mislead; it … Continue reading
US – New home sales to near 2-1/2 year high
New single-family home sales surged in September to their highest level in nearly 2-1/2 years, further evidence the housing market recovery is gaining steam. The Commerce Department said on Wednesday sales increased 5.7 percent to a seasonally adjusted 389,000-unit annual rate – the highest level since April 2010, when sales were boosted by a tax … Continue reading
Europe – Kimberly-Clark to cut 1,500 jobs
US personal-care products giant Kimberly-Clark said Wednesday it was exiting its Huggies diaper business in much of western and central Europe, cutting up to 1,500 jobs. Kimberly-Clark Corporation announced it would close or sell five manufacturing facilities and some production would be transferred to other plants. As part of the restructuring aimed at boosting profitability, … Continue reading
Dow Chemical plans 2,400 job cuts
Dow Chemical on Wednesday reported a sharp drop in third quarter profits, hours after saying it planned to cut five percent of its global workforce, or 2,400 employees, and close 20 plants. The company reported quarterly profits of $497 million compared to $815 million the previous year, a 39-percent drop. Dow said Tuesday it aimed … Continue reading
New Jersey manufacturing needs for technical and skilled workers
Tuesday was “Student Technologic Day” at Sandvik, one event among many for the state’s first ManufactureNJ Week. The event is dedicated to improving the perception of manufacturing, generating dialogue about policies to help manufacturers and building student awareness of careers in manufacturing, said Meredith Aronson, director of the New Jersey Advanced Manufacturing Talent Network, a … Continue reading
Low Wage Factory Jobs In Haiti – Start Says H. Clinton
The Caracol Industrial Park is expected to create around 40,000 jobs in an area where subsistence farming and fishing are the only economic options available aside from migrating to more developed parts of the country, though many of those areas in the … . Low-Wage Factory Jobs In Haiti Not ‘Perfect’ But A Start For … Continue reading
Cemex to cut jobs in Spain
The Spanish subsidiary of Mexico’s top cement maker Cemex mulls cutting about one-fifth of its workforce in Spain, a trade union official told Reuters on Tuesday. The official, who had informal talks with Cemex on the issue … . Cement maker Cemex to cut jobs in Spain . http://www.reuters.com/article/2012/10/23/cemex-jobs-idUSL5E8LNHFR20121023
Job in sun linked to skin cancer
The study, published in the journal BioMed Central, found both a history of blistering sunburn and having a job in the sun were associated with basal cell and squamous cell carcinomas. Sunlight exposures at younger ages “tended to be associated with … Sunburn, job in sun linked to skin cancer. http://www.upi.com/Health_News/2012/10/23/Sunburn-job-in-sun-linked-to-skin-cancer/UPI-75091351025878/
Poland – Polimex to slash workforce by 1,744
Troubled Polish construction firm Polimex-Mostostal has announced plans to fire 1,744 workers by March 2013. The company, which has found itself in dire financial straits, currently employs nearly 10,000. The builder took heavy losses on infrastructure projects in the wake of the Euro 2012 soccer championships, when it signed unfavorable agreements that didn’t allow it … Continue reading
Sanofi – 900 layoffs but could run higher
Sanofi’s (SASY.PA: Quote) plan to restructure its research operations in France could lead to more job losses than the 900 layoffs mooted by the drugmaker, union representatives said. Unions said the company’s figure underestimated the number of job cuts as Sanofi reshuffles its laboratories into regional research hubs at the expense of smaller centers. “There … Continue reading
Weather Channel – 7 percent of its work force laid off
The Weather Channel laid off some 7 percent of its work force today according to independently confirmed reports (Mediabistro first reported the news). The network is owned, as of 2007, by a consortium composed of Bain Capital, NBCUniversal and the Blackstone Group, and is among the most widely-distributed networks on cable. Since the acquisition by … Continue reading
China’s Labor Markets
Unemployment is arguably the most important, but least well measured, factor in China’s economy. Low unemployment and rising wages signal economic health, making it less likely that the government will rush to pump up growth. The reverse – mass layoffs and stagnant income – have China’s decision makers lunging for the stimulus button. The official … Continue reading
Bullying – Older workers particularly vulnerable
The death of teen Amanda Todd has shone a spotlight on bullying of the young, but experts say the bullying phenomenon spans cradle to casket, with older workers in particular being “at considerable risk” of victimization. Research by the Workplace Bullying Institute finds nearly one-third of people between the ages of 50 and 64 have … Continue reading
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