Job Market Monitor
Michel Cournoyer
Southwestern Ontario – Toyota – 400 new jobs
Toyota continues to add jobs and production to its Canadian plants, making it the country’s fastest growing automotive manufacturer. Toyota announced Tuesday it will start making Canada’s first hybrid electric vehicle in 2014 and add 400 jobs. The move vaults the company to the upper echelon of automotive employers in Canada, and unlike the Detroit … Continue reading
UK – Intercity/Agility Trains – More than 900 jobs wouldl be created and thousands more secured
More than 900 jobs will be created and thousands more secured after Transport Secretary Justine Greening approved a £4.5bn contract to supply Britain with the next generation of intercity trains. In a major boost to the UK’s manufacturing industry, 596 railway carriages will be built at a brand new train factory in the north east … Continue reading
Chrysler would create 250 jobs at Detroit plant
Chrysler told employees Monday at its Mack Avenue complex that it is planning to invest $198 million at the site on Detroit’s east side to build its Pentastar V6 engine. The investment would create 250 jobs. Last week, Chrysler said it would end production at the Mack Avenue II engine plant in September. About 200 … Continue reading
North Carolina – NetApp To Hire 460 Workers
Governor Bev Perdue announced this week that thanks in part to state and local incentives that high tech firm NetApp will hire around 460 workers in the area over the next several years. According to a statement from the governor’s office, the company plans to create 460 new jobs over four years and invest more … Continue reading
Qantas – 164 jobs cut with engine plant closing
Qantas and its airline partner Lufthansa have confirmed that the decision to close their engine plant at Tullamarine will mean the loss of 164 airline maintenance jobs. The union which covers many of the employees, the Australian Workers Union, says it hopes it can save the plant along with the jobs. The Qantas engines which … Continue reading
India – More hands on offer but not skills
In 2006, a World Bank report on skill development and vocational training in India spelt it out for all – “The relative supply of workers with technical/vocational skills has declined. This may be due to the fact that workers with technical/vocational qualifications do not have the skills that meet the labour market needs – often … Continue reading
India – Only 25% graduates have employability skills
Voicing concern over lack of employability skills among graduates, Minister of State for HRD and External Affairs E Ahamed said that only 25 per cent of them are employable. “Of late, employability of graduates coming out of our educational system is becoming a matter of great concern. I am told only 25 per cent of … Continue reading
India – Employability – A disconnect between what the industry needs and what the students learn
Puneet Mishra, director of Ambition Institute of Technology in Varanasi, is a worried man. He is concerned that a majority of engineering graduates in India are not employable. There is a disconnect between what the industry needs and what the students learn, he said, as the curricula are not upgraded frequently enough to match the … Continue reading
Native American joblessness – A slow genocide
The dire social and material statistics of Native America – on some reservations the suicide rate is the highest in the Western Hemisphere (particularly among teenagers), and there are greatly elevated levels of alcoholism, drug use, diabetes, tuberculosis, and domestic violence – coincide with crushing joblessness. The problems of Indian America cannot be effectively solved … Continue reading
House GOP Regulatory Reform Bill: new regulations are suspended until unemployment reaches 94 percent ?
The House Republican regulatory reform bill contains an embarrassing typo, mistaking “employment” for “unemployment.” The “Red Tape Reduction and Small Business Job Creation Act” calls for a moratorium on “significant regulatory action” as soon as the legislation is enacted. The argument by Republicans is that government regulations burden job creation and growth and should therefore … Continue reading
Florida – Jobless unemployment payments state’s error rate climbed from 4.5 percent to 8.4 percent
From 2008 to 2011, as officials struggled to handle Florida’s ballooning jobless rate, the state overpaid unemployment recipients by $486 million, according to a new analysis by the U.S. Department of Labor. During the same time, the state’s error rate — which includes underpayments and overpayments — climbed from 4.5 percent to 8.4 percent. The … Continue reading
President Obama – We tried that and it didn’t work: Hum…
Speaking to supporters in Oakland, CA, President Obama declared that his economic policies are already proven successes. “We tried that and it didn’t work,” Obama said of Mitt Romney’s proposed tax cuts and spending cuts, which he dismissed as a Bush-style “top down” economic policy. “Just like we’ve tried their plan, we tried our plan … Continue reading
UK back in Recession – Significant economic contraction of 0.7pc
The figures from the Office for National Statistics are much worse than forecasts for a 0.2pc contraction. It marks the third successive quarter of contraction, leaving Britain in its longest double-dip recession in more than 50 years. The economy shrank by 0.3pc in the first quarter of the year, following a 0.4pc contraction in the … Continue reading
Canada – 74% believe older job applicants are discriminated against
Nearly three-quarters of Canadians believe workplaces are shunning older job applicants based solely on their age, a worrisome finding given labour force trends in Canada.In a survey conducted by Ipsos Reid exclusively for Postmedia News, 74 per cent of those asked either “strongly” or “somewhat” agreed that employers discriminate against older people looking for jobs. … Continue reading
US – One in 10 employers would drop health benefits
About one in 10 employers plans to end workers’ health insurance as the new healthcare law takes effect, according to a new study. The finding could bolster opponents of the law, who argue that its changes to the healthcare system will force workers out of insurance plans they like. Supporters of the law say most … Continue reading
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