Job Market Monitor
Michel Cournoyer
Ghana – 30,000 jobs lost in timber industry in last ten years
About 60 local timber companies have collapsed in the last 10 years, leading to the loss of about 30,000 jobs. Companies that had managed to survive the turbulence in the industry are currently producing below 50 per cent capacity. The Chief Executive of the Ghana Timber Millers Organisation (GTMO), Dr Kwame Asamoah Adam, made this … Continue reading
Teacher – There is no job that’s more exciting
I had a gap year before I went to university where I spent a year in China, just to travel and learn Chinese but I ended up teaching English to university students. I really enjoyed it – and that was the first time I’d thought about teaching. I’d gone just to experience being abroad, but … Continue reading
American Airlines Layoffs – Tulsa families up in the air
After negotiations with the union and early retirement packages, company and union officials said this month that American would lay off 300 mechanics and about 70 fleet service workers in Tulsa by February. The layoffs will be effective in November … American Airlines layoffs leave families up in the air | Tulsa World.
XL Foods – Brooks in crisis mode with 2,200 laid off workers
The mayor of Brooks in southern Alberta says the community is in crisis mode as it prepares for the human cost of troubles at the XL Foods beef plant. Workers at the plant, which is at the centre of a beef recall and E. coli scare, have been laid off again as food safety officials … Continue reading
15 Jobs That Make Workers Feel Guilty
Everyone has to pay the bills somehow. Some people just don’t feel great about the means to that end. Sure, feeling dissatisfied or unhappy at work is a bummer. But what’s worse is feeling that you’re actually making “the world a worse place.” And according to a recent survey by Payscale, people in many fields … Continue reading
Do Younger RH Discriminate Older Workers ?
Dear J.T. & Dale: My belief is that the younger generation of HR workers openly discriminate against older employees. I believe they are threatened because they are simply outperformed by the 40- to 70-year-olds. Thoughts? – Aaron J.T.: I’m not sure that it’s a question of who’s more productive, but rather, who’s less expensive. Labor costs … Continue reading
Participation Historical Paterns: The unemployment rate today would be 9.3%
Some people — notably Republican presidential candidate Mitt Romney — have argued that to get the “real” unemployment rate, we should add back all the people who have left the labor force and consider them unemployed. Doing that gives an unemployment rate of around 11%, depending on what month you choose for a baseline. But … Continue reading
What to Say – Job Interview Questions and Answers
Sure, you know the obvious things to avoid—like showing up late or dressing too casually—but the following nine lines can just as easily derail your chances of scoring the gig. Read on to learn which talking points to steer clear of during your next job interview. “I’m leaving my current job because my boss is … Continue reading
Psychology – 10 Techniques to Help Your During Interviews
Hiring decisions are made on more than just skills and experience. It’s also about gut feelings and instinctual reactions. All sorts of subtle psychological factors come into play; so here are ten techniques which can help you give the interviewer the feeling that you are the one. 1. Schmooze but don’t self-promote Schmoozing is good. … Continue reading
EU – Working together for job-rich growth
Collective efforts to pursue economic integration and promote strong and sustainable economic growth, social cohesion and employment were the main focus of the Tripartite Social Summit held in Brussels on 18th October, in preparation of the 18-19 October European Council. The Summit brought together the President of the European Commission, José Manuel Barroso, the President … Continue reading
India – Need 8% growth for creating jobs says PM
Addressing the Combined Commanders’ Conference in New Delhi on Friday, Singh said: “We need an aggregate growth rate of 8 per cent per annum to create new job opportunities for more than 10 million persons who are going to enter our labour force each year.” “This is not going to be an easy task, given … Continue reading
US – Politics and Unemployment – Unemployment drops in most swing states
Unemployment rates dropped in most swing states last month, the Labor Department reported Friday, a potential boon to President Barack Obama’s reelection effort. Seven of the 10 states identified as toss-ups by RealClearPolitics — including Florida, Iowa and Ohio — registered monthly declines in joblessness. Compared to September 2011, eight states saw a drop in … Continue reading
Europe – Barclays – To Cut Equity Jobs
Barclays Plc (BARC) is cutting just under 10 percent of staff in its equities division in Europe, Middle East and Africa as part of a plan to reduce costs amid a slump in trading volumes, said people with knowledge of the matter. The London-based bank… Barclays Said to Cut Europe Equity Jobs Amid Cost Cutting … Continue reading
Ireland – Dealz to create 300 jobs
Discount retailer Dealz will open 10 new stores across Ireland, creating 300 jobs. The company, which began trading a year ago, said it would mean an investment of close to €3 million in the economy. The stores will be opened in its next financial year, which begins next April. The company has already opened 20 … Continue reading
University of Phoenix – Closing 115 campuses and 90 learning centers
The University of Phoenix, the largest for-profit university in the U.S., is shuttering 115 of its campuses and 90 learning centers. Much like the recent closing of nine for-profit Kaplan Higher Education campuses, the UoP news signals a decline in the for-profit sector after months of damning reports of low graduation rates, predatory recruiting tactics … Continue reading
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