Job Market Monitor
Michel Cournoyer
Postsecondary Education and Training Matter
After suffering the largest share of job losses in the recession, Americans with no more than a high school education have continued to lose jobs during the sputtering recovery while better-educated people have gained millions of jobs, according to a Georgetown University study Over nearly five years of financial turmoil, Americans across a broad … Continue reading
UK – Nine out of ten employees agreed that having more choice in working arrangements improves morale
The Fourth Work-Life Balance Employee Survey was conducted in early 2011. It found that the majority of employees were satisfied with their hours and current working arrangements. Levels of awareness of the right to request flexible working were high; 75 per cent of all employees, 73 per cent of employees with non-childcare caring responsibilities and … Continue reading
Portugal – Unemployment highest ever
Portugal’s unemployment rate rose to 15 percent in the second quarter, its highest level ever, the national statistics body INE said Tuesday. In the first quarter, the jobless rate had been 14.9 percent. More than 820,000 Portuguese are now out of work as the recession deepens… via Portuguese unemployment highest ever – International | IOL … Continue reading
Gender Gap – Entrenched through candidates long-term expectations and assumptions
Roxana Barbulescu and Matthew Bidwell examine differences in the jobs for which men and women apply in order to better understand gender segregation in managerial jobs in Do Women Choose Different Jobs from Men? Mechanisms of Application Segregation in the Market for Managerial Workers on wharton.upenn.edu. The authors develop and test an integrative theory of why women might apply to different jobst … Continue reading
Eurozone – On brink of double-dip recession
The eurozone is on the brink of following Britain into a double-dip recession after its economy shrank between April and June. GDP across the 17-nation bloc fell by 0.2% in the second quarter of this year and economists believe the downturn is continuing. Better-than-expected figures from Germany and France were offset by sharp contractions elsewhere, … Continue reading
US – 13 million are looking for work and almost half of U.S. employers have difficulty filling positions ?
There is a skills gap in the U.S., and it is expected to widen over the next decade. Addressing it will take the concerted efforts of both government and — especially given strained federal and state budgets — private industry. A paper issued last week by the National Bureau of Economic Research attributes roughly one-third … Continue reading
Egypt – Unemployment rate hits record high
The national unemployment rate rose to 12.6 per cent in the second quarter of 2012 up from 11.8 per cent for the same quarter last year, Egypt’s official statistics agency CAPMAS reported on Tuesday. According to CAPMAS, the total number of unemployed Egyptians currently stands at 3.395 million, more than a quarter of whom have … Continue reading
Jaguar – 1,000 new jobs with 24-hour production
Soaring foreign demand for Range Rover Evoque and Freelander 2 models 30,000 people are believed to have applied for the new posts Bosses are hoping to achieve record profits of about £1.5bn this year Firm was bought by Indian manufacturing giant Tata from Ford in 2008 Jaguar Land Rover has created 1,000 new jobs by … Continue reading
Peugeot – The battle in Aulnay-sous-Bois
In July, after workers at French carmaker PSA Peugeot Citroen learned of company plans to close a plant in the suburbs of Paris, union leader Jean-Pierre Mercier went on the attack. Within hours he was calling for a “shock campaign” to force PSA Chief Executive Philippe Varin to keep the plant open. “We have the … Continue reading
Union wants automakers to invest
The Canadian Auto Workers union, which made concessions when the big U.S. automakers were struggling, says it wants to share in the profits now that the industry has “turned the corner.” As it geared up for contract talks slated to begin this week, the union said Monday that the automakers need to invest in their … Continue reading
SUNY Downstate Medical Center – More than 1,000 workers are losing jobs
More than 1,000 people are slated to be laid off at financially-troubled SUNY Downstate Medical Center in the next year — with hundreds now getting word they’re being axed. One of every eight employees at the cash-strapped hospital’s East Flatbush and Cobble Hill facilities are being let go, according to Brooklyn pols who have asked … Continue reading
ThyssenKrupp Layoffs – Mobile County Shaken
ThyssenKrupp Steel USA announced plans Monday to lay off nearly 200 workers from its Calvert plant of more than 1,600 people. The German Steel Company said the reduction of their workforce by 197 jobs, of which 143 are hourly positions, is due to “the increasing costs of raw materials used by the plant and slower … Continue reading
Wind – Vestas begins layoffs
Vestas on Monday confirmed an undisclosed number of workers at its Pueblo tower plant received layoff notices as the wind turbine maker began a pullback due to slumping U.S. orders. The company declined to give a specific number of job cuts but outside observers estimated the layoffs could affect about 90 of the plant’s 450 … Continue reading
Dove Industries – 106 layoffs
Vinyl window maker Dove Industries is closing its plant on the Sans Souci Parkway this week and 106 employees are losing their jobs, according to a notice filed with the state Department of Labor and Industry. Dove Industries sought new capital to stay open but was advised that financing was not available to continue its … Continue reading
Discrimination and Gender Wage Gap
“We’d all like to think, in 2012, that pay discrimination is a thing of the past,” the progressive activist Joy Lawson wrote in the Huffington Post recently. “But the pay gap still exists, and it’s big: women earn an average of 77 cents on a man’s dollar.” The pay gap is exaggerated, discrimination doesn’t drive it and it’s not … Continue reading
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