Job Market Monitor
Michel Cournoyer
Gallup U.S. Unemployment Rate – Down Slightly in Mid-July
U.S. unemployment, as measured by Gallup without seasonal adjustment, was 7.9% in mid-July, down 0.1 percentage points from June and May. Gallup’s seasonally adjusted unemployment rate also declined 0.1 points, to 7.7% in mid-July. via U.S. Unemployment Down Slightly in Mid-July.
UK – The number of unemployed fell by 65,000 in the three months to May
For March to May 2012: The employment rate for those aged from 16 to 64 was 70.7 per cent, up 0.3 on the quarter. There were 29.35 million people in employment aged 16 and over, up 181,000 on the quarter. The unemployment rate was 8.1 per cent of the economically active population, down 0.2 on the … Continue reading
Are men and women really all that different? Both Want Long Term Job Security
When it comes to what they’re looking for in a potential employer, are men and women really all that different? The answer is yes, when it comes to workplace needs and wants, a gender gap exists. According to a recent survey of over 7,000 Canadians, conducted by ICMA International and sponsored by Randstad Canada, the … Continue reading
Vocational and Technical Education Meet Parent Resistance
Career and technical education has come a long way since the days when students could be steered from academics into hairstyling, auto repairs or carpentry. But that doesn’t mean it’s easy to sell the concept of having all students take courses in CTE, as it is known. Take what happened this March in La Jolla, … Continue reading
How do 37,000 Layoffs look like in the Wind Industry
This graphic, put together by the wind industry, illustrates how an expiration of the production tax credit may impact employment in the U.S. Notice the spike in activity before the drop-off. That’s due to the rush of development we’re seeing currently in the lead up to the lapse of the credit… via This Is … Continue reading
10 Tips for Job Seekers on Online Reputation Management
Don’t let questionable Facebook photos or Tweets, a bare-bones LinkedIn profile or negative posts beyond your control derail an otherwise smooth job interview process. Use these 10 tips to improve your personal Google search results and help land the job you want… 1. Be Careful What You Share Online. 2. Start Managing Your Online Reputation … Continue reading
EU – A €2bn stimulus package for 13,000 jobs
Details of the programme were announced at Government Buildings by Taoiseach Enda Kenny, Tánaiste Eamon Gilmore, and Minister for Public Expenditure Brendan Howlin. The funding for the programme will come from loans from the European Investment Bank, the National Pensions Reserve Fund, domestic bank loans and other potential private investment sources. Mr Kenny confirmed that … Continue reading
Find Higgs particle and face layoffs
An Italian institute heavily involved in the discovery of the Higgs particle is facing layoffs as the state slashes public spending on science to balance the budget. Italy’s National Institute for Nuclear Physics (INFN) was informed of the budget cuts two days after the Higgs particle was spotted. The discovery is considered one of the … Continue reading
Technology sector layoffs surge as Hewlett-Packard cuts job cut
Planned layoffs that will impact 30,000 workers at computer giant Hewlett-Packard helped push job cuts announced by technology-sector firms to their highest level in three years, according to a report on tech-sector downsizing released Monday by global outplacement firm Challenger, Gray & Christmas, Inc. Technology firms, including those in computer, electronics, and telecommunications, combined to … Continue reading
US – 83% Negatively View Corporations that Outsource to China
U.S. voters across the political spectrum overwhelming have negative views of companies that outsource jobs to China and strongly support Buy America provisions, according to a poll released today by the Alliance for American Manufacturing. Voters also say strengthening manufacturing in the United States is a top economic priority and they back the creation of … Continue reading
Karstadt – 2,000 job cuts
Karstadt, the German department store chain owned by Nicolas Berggruen, the billionaire investor, plans to cut 2,000 jobs by the end of 2014. Karstadt plans to cut jobs and streamline old structures and processes in light of the “the challenging market conditions brought about by the euro zone crisis”, the company said on Monday evening. … Continue reading
US – 2M Jobs Lost If Automatic Cuts Kick In
Republicans and Democrats seized on a new report estimating that automatic budget cuts will cost the economy 2 million jobs to level election-year charges that underscored the deep political divide over how to avert the looming crisis. Roughly five months until the across-the-board reductions kick in, the Aerospace Industries Association unveiled a new report Tuesday … Continue reading
Calling in Sick – The Top 10 Excuses
…Here are the top 10 unusual excuses given for calling in sick: Employee’s 12-year-old daughter stole his car and he had no other way to work. Employee didn’t want to report it to the police. Employee said bats got in her hair. Employee said a refrigerator fell on him. Employee was in line at a coffee … Continue reading
Australia – Ford slashes 15 percent of workforce: 440 jobs gone
Ford Motor Co’s (F.N) Australian unit announced plans on Tuesday to cut up to 440 jobs, or about 15 percent of its workforce, and slash production by almost 30 percent to cope with a slide in popularity of its top model, the Falcon. Australian car manufacturers have enjoyed solid sales over the past year despite … Continue reading
U.S. – June industrial output rises
U.S. industrial output expanded in June on a rebound in manufacturing, a reassuring sign for an economy that has looked wobbly in recent months. Industrial production grew 0.4 percent last month, the Federal Reserve said on Tuesday. That was in line with analysts’ expectations in a Reuters poll of a 0.3 percent gain. Factory output … Continue reading
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