Job Market Monitor
Michel Cournoyer
Inequalities in America – 288 times richer
The wealth gap between the richest Americans and the typical family more than doubled over the past 50 years. In 1962, the top 1% had 125 times the net worth of the median household. That shot up to 288 times by 2010, according to a new report by the left-leaning Economic Policy Institute. That trend … Continue reading
US unemployment is worse than …
“The United States publishes two employment numbers: one based on a survey of employers (“the payroll survey”) and one based on a survey of households” Stefan Karlsson in US unemployment is worse than the headlines say on CSMonitor.com , adding: “The household survey gets more ink, but its proven itself unreliable.” “As I’ve discussed repeatedly, unlike most other … Continue reading
2012 World University Rankings – The Top 200
“MIT leads charge, UK enjoys strong showing, but biggest trend is increasingly international character of staff and students at world’s leading institutions” writes the guardian.co.uk in his analysis. via The top 200 QS World University Rankings 2012 | Higher Education Network | Guardian Professional.
Talent War – From Brain Drain to Brain Circulation
Representatives from higher education institutions in North America, South America, Europe, Asia and Australia met last week in Seeon, Germany, at the Sixth Annual Strategic Leaders Global Summit, an event co-hosted by Germany’s Technische Universitat Munchenthe and the Council of Graduate Schools, which is headquartered in Washington, D.C. The meeting’s theme was “From Brain Drain to … Continue reading
Willow Valley Inn – 175 Layoff
Willow Valley Inn & Suites in Lancaster County will lay off 175 people in November when the hotel closes to be demolished as part of the ongoing redevelopment there, according to a letter filed with the state Department of Labor and Industry. The West Lampeter Township hotel is operated by Willow Valley Associates Inc., which … Continue reading
Huawei – At least 700 new jobs with investment in UK
The Chinese telecoms equipment-maker Huawei will tomorrow hand David Cameron a post-Olympics trade boost by unveiling a £1.2bn investment plan to accelerate the growth of its British business. I can reveal that Huawei, one of China’s largest – and most contentious – private companies, will pledge to create at least 700 jobs in the UK … Continue reading
The 2011 Poverty Rate: What to Expect and How Long Will It Last? | Brookings Institution
The Center on Children and Families at Brookings has used a model for the past three years to predict the U.S. poverty rate before the official figure was released by the Census Bureau. As the table below shows, our track record is reasonably good although we caution that predictions are just that and can be … Continue reading
South Africa – Jobs Recession ?
“Most of the job losses during August were in the formal sector, which shed 14 382 jobs,” Adcorp said in a statement. “Permanent employment fell by 7 688 during the month, whereas agency employment increased by 1 083.” According to the Adcorp Employment Index, employment fell at an annualised rate of 0.23%, following sharp declines … Continue reading
Kodak to cut 1,000 more jobs
Bankrupt photography pioneer Eastman Kodak Co. is losing more executives and plans to cut an additional 1,000 jobs by the end of the year as it shrinks into a commercial printing-focused company. The latest job cuts follow the reduction of about 2,700 employees globally this year, the Rochester, New York-based company said Monday in a … Continue reading
DragonWave to cut more jobs
Canadian telecom network equipment maker DragonWave Inc (DWI.TO: Quote) (DRWI.O: Quote) said it is eliminating 48 jobs as it grapples with cash burn due to its acquisition of Nokia Siemens Networks’ NOKI.UL microwave business. This is its second job cut in three months. DragonWave had cut 68 jobs in Ottawa and Israel in June. The … Continue reading
HP to cut 2,000 more jobs
Hewlett-Packard said it will slash 2,000 more jobs as the technology giant unveiled a bundle of new computers. In a regulatory filing, the Palo Alto tech company revealed it now plans to cut 29,000 jobs by October 2014, according to a report by the Associated Press. Previously, the company had said it planned to cut 27,000… … Continue reading
US – 5 Reasons Why the Job Market is Going In Recession
US Job Market is nearly In recession Continue reading
Canada – Employment Up by 34,000 with 33,000 in Quebec
After a decline in July, employment rose by 34,000 in August, the result of an increase in part-time work. The unemployment rate held steady at 7.3%. Employment On a year-over-year basis, employment increased by 1.0% or 177,000, with most of the gains occurring in the spring of this year. Virtually all of the increase in the 12-month period was in full-time … Continue reading
US – Employment rose by only 96,000 but unemployment rate down at 8.1%
Total nonfarm payroll employment rose by 96,000 in August, and the unemployment rate edged down to 8.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in food services and drinking places, in professional and technical services, and in health care. Household Survey Data The unemployment rate edged down in August to 8.1 percent. Since … Continue reading
UK – The Queen rejects Government’s apprenticeship programme
Buckingham Palace was approached by ministers keen for Royal estates to hire young people on a Government-backed programme. But the Queen will instead keep her own apprenticeships for chefs, footmen and housemaids, according to The Times. The response was revealed in a Freedom of Information request about the Apprenticeships Bill, which was in its early … Continue reading
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