Job Market Monitor
Michel Cournoyer
French minister says Peugeot should cut in Spain, not just France
France’s industry ministry is pressing the country’s leading carmaker to limit the impact of a domestic restructuring set to claim 8,000 jobs – by shifting part of the cuts burden to Spain. Arnaud Montebourg, industrial renewal minister, was expected to raise the issue in talks on Thursday with PSA Peugeot Citroen chief executive Philippe Varin … Continue reading
Europe’s minority youth face extra hurdle in job hunt
France, with Europe’s largest concentration of Muslim and North African immigrants, is on the front lines of the discrimination problem, but it is not alone. In Germany, a university conducted a study sending out identical resumes in response to … http://www.winnipegfreepress.com/business/as-crisis-swirls-europes-minority-youth-face-extra-hurdle-in-job-hunt-discrimination-169594506.html
Bank of England should focus on employment data
Ben Broadbent, a member of the Bank of England’s Monetary Policy Committee, said the link between employment and inflation had proved “more stable” throughout the financial crisis than those between “either of those variables and output”. “We should … Telegraph.co.uk http://www.telegraph.co.uk/finance/jobs/9539737/Bank-of-England-should-focus-on-employment-data-says-MPCs-Ben-Broadbent.html Envoyé via Flipboard Envoyé de mon iPad
UK – Ivybridge paper mill to close with 100 jobs lost
A south Devon paper mill is to close with the loss of almost 100 jobs. Arjowiggins, which owns the Stowford Mill at Ivbybridge, said the decline in European sales meant it was having to transfer operations to Scotland. Closure of the mill in 2014 will … http://www.bbc.co.uk/news/uk-england-cornwall-19585376
The Green Job Myth
“We can invest $15 billion a year in renewable sources of energy…to create 5 million new jobs, new energy jobs, all across [the] country, jobs that pay well, jobs that can’t be outsourced,” candidate Obama promised.[ia] … http://www.canadafreepress.com/index.php/article/49498
Integrating Skill Acquisition Into Day-to-Day
Economies around the world are challenged with a chronic lack of skilled employees. Despite high unemployment levels, many companies struggle to find people who have the technical qualifications and experiences needed to fill critical roles … http://www.forbes.com/sites/sap/2012/09/13/embedded-learning-integrating-skill-acquisition-into-day-to-day-activities/
Unilever – Investment creates new jobs at Port Sunlight
The investment will create around 150 new jobs at a new high-tech manufacturing facility for personal care products in the 120 acre site. Brands brought into the Unilever portfolio as a result of the recent acquisitions of Sara Lee’s personal care … http://www.wirralglobe.co.uk/news/9927731.Unilever_s___40m_investment_creates_new_jobs_at_Port_Sunlight/?ref=nt
Germany gains from Spain’s brain drain
Besides budget cuts and “austerity measures”, another concern for poorer European nations is the departure of their citizens for countries with healthier economies. The German government has been actively recruiting engineers and other highly skilled workers from recession-hit states such as Spain. Al Jazeera’s Nick Spicer reports on one such recruitment programme from Donaeuschingen in … Continue reading
Italy – Alcoa workers stage protest to slow down plant closure
Two trade union leaders braved wind and rain atop a 60-meter high tower at Alcoa’s smelter in Sardinia in a protest aimed at slowing down the U.S. aluminum producer’s closure of the troubled plant. http://www.reuters.com/article/2012/09/13/us-alcoa-italy-idUSBRE88C0XM20120913
Malaysia – Govt Targets 90000 Students With Vocational Diplomas By 2020
The target could be achieved via various transformation programmes under the Vocational Education Programme that involved the upgrading of 79 vocational high schools nationwide to vocational colleges by next year. … http://www.bernama.com/bernama/v6/newsgeneral.php?id=694556
China – Workers want money and opportunity: survey
Employee confidence in China’s job market has dropped, and in 2012/13 more workers will ask their employers for a pay rise, according to latest report by Michael Page International, an international recruitment consultancy. The report is based on the … http://usa.chinadaily.com.cn/china/2012-09/13/content_15756901.htm
Australian Mining Jobs Decline
Mining sector employs 270,600 or 2% of total 11.5 million employed in Australia and has been struggling in the last few months with the strong dollar, rising costs and China’s desire to slowdown its economic growth. The sector in the last financial … http://www.123jump.com/australia/market-update/Australian-Mining-Jobs-Decline,-Fortescue-Debt-Worries-Weigh-on-Markets/50217/
Trina Solar Aggressively Cuts Jobs to Reduce Spending
Although the exact number of layoffs is not yet known, SPVI has learned from Solarzoom Market Centre that around 1,850 including 200 managers out of 15,000 employed are going to lose their jobs. Moreover, the company is operating under 75% utilization… http://solarpvinvestor.com/spvi-news/329-trina-solar-aggressively-cuts-jobs-to-reduce-spending-
Unemployment Insurance Claims – The US job market really going the wrong way
Last reports were not good, no more than the Current Population Survey for August. This morning report isn’t better. Is the job market really going the wrong way. -*- SEASONALLY ADJUSTED DATA In the week ending September 8, the advance figure for seasonally adjusted initial claims was 382,000, an increase of 15,000 from the previous … Continue reading
Gulf Cooperation Council – Bridging the skills gap: a priority
In spite of high economic growth and investment in education, Gulf Cooperation Council (GCC) countries find it hard to fill jobs with suitably qualified nationals while thousands of young men and women remain unemployed or underemployed and their potential barely used. The latest youth unemployment rates in GCC region (2011) show a high of 23.3 … Continue reading
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