Job Market Monitor
Michel Cournoyer
Obama’s Welfare-to-Work Plan and The Romney campaign
Does it make sense for states to try new approaches to help poor parents find jobs? The Obama Administration thought so. Temporary Assistance for Needy Families (TANF), which provides very little assistance to very poor families with children, has not been especially effective at placing single moms in jobs. Even in good times, nearly half … Continue reading
Solar – Schletter – 305 Jobs in Cleveland County
Schletter, Inc., one of the largest designers and manufacturers of solar power mounting systems, will establish a production and distribution facility in Shelby. The company plans to create 305 jobs in North Carolina by the end of 2016, and invest more than $27 million in its Cleveland County facility. The project was made possible in … Continue reading
What is happening in Apple Stores? Layoffs and Working Hours Cuts ?
It seems that Apple is in the midst of reducing the working hours of staff at its retail stores, and even laying off those recently taken on. Apple has reportedly been making cuts to its retail workforce, many of them new employees fresh out of the store’s training program. Apple fan site MacRumors said that … Continue reading
More clean cars means more jobs
Everybody’s worried about the high unemployment rate, and they should be. But fuel-efficient cars, hybrids and electrics are putting Americans to work big time. Clean cars create jobs. The Big Three automakers, addicted to the profits they made off big SUVs, saw economic ruin in subcompacts, hybrids and — heaven forbid — battery electrics. But … Continue reading
Ireland – Jobless figures in Cork City have surged to almost triple since 2005
AS THE recession bit, the sight of hundreds of people queuing outside Cork city’s dole office on Hanover Quay, the queue snaking around the corner, over Parliament Bridge, and down Wandsford Quay, became a national symbol of the depth of the jobs crisis facing the nation. The queue was at its longest between 2009 and … Continue reading
India – Only one out of 10 students graduating from Tier 2, 3 and 4 engineering colleges is readily employable
Even as students continue to make a beeline for engineering courses with an eye on the job prospects, a study finds that most engineering graduates are not readily employable. A PurpleLeap (an entry-level talent management company) Industry Readiness Index survey reveals that only one out of 10 students graduating from Tier 2, 3 and 4 … Continue reading
Employability – What Employers are Looking For
Employability has become a familiar and commonplace term, used by employers and the media in the post economic-crisis job market. But what does “employability” actually mean and what is its relevance for school leavers? Employability refers to a person’s ability to secure a job, to remain employed, and to progress and perform well in their … Continue reading
Dying careers and thriving careers
Our surroundings are changing rapidly. Against a backdrop of serious concerns about the Eurozone, projecting labor market activity can be particularly tough. However, changing patterns of employment by occupation are largely dominated by longer-term trends rather than the cyclical position of the economy. To understand the natural evolution of the jobs market — industries and … Continue reading
US Healthcare Workers – A sizeable increase in those who believe the economy is getting weaker
The Randstad Healthcare Employee Confidence Index, a measure of overall confidence among U.S. healthcare workers, declined 4.5 points to 53.9 in the second quarter of 2012, according to a recent online survey conducted by Harris Interactive on behalf of Randstad Healthcare. The quarterly survey of 232 workers currently employed in the healthcare industry, which included physicians, … Continue reading
India – MBA – Only one fifth employable
According to a nationwide study of marks secured by 2,264 management graduates, while MBA seats have increased by 30 per cent since 2007, recruiting companies found only that only 21 per cent business school graduates were employable. A similar previous study in 2007 placed employability index at 25 per cent. The study was carried out … Continue reading
UK – Highly paid jobs have become even better paid
Jobs including chief executives and managers have contributed to the rise in wage inequality in recent decades, research has shown. Highly paid jobs have become even better paid, including company executives and general managers of large organisations whose hourly pay jumped from £12.07 in 1975 to £49.20 in 1996, according to the study by Dr … Continue reading
Australia – Attitude change needed to attract workers
A peak business group says employers will need to change their attitudes in order to attract good workers, as Australia braces for a major shortage of skilled workers. Analysis by the Federal Department of Employment shows that 800,000 new workers will be needed over the next five years. The biggest demand for jobs is expected … Continue reading
China – New law will not protect labor rights of foreigners working without a work permit
Courts will not protect welfare or other labor rights of foreigners working without a work permit, even workers under contract, if a draft law is passed. Foreigners without a work permit or an expert certificate — a license issued by the government to some foreign workers with proven talent and expertise in their field — … Continue reading
Google – 4,000 Jobs Cut at Motorola Mobility
Motorola Mobility, which was bought by Google Inc. for $12.5-billion, will cut 20 per cent of its work force and shut nearly a third of its offices worldwide, Google said on Monday. “These changes are designed to return Motorola’s mobile devices unit to profitability, after it lost money in fourteen of the last sixteen quarters,” … Continue reading
US – Energy could add 3.6 Million Jobs
U.S. energy supplies have been transformed in less than a decade, driven by advances in technology, and the economic implications are only beginning to be understood. U.S. natural gas production will expand to a record this year and oil output swelled in July to its highest point since 1999. Citigroup Inc. (C) estimated in a … Continue reading
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