Job Market Monitor
Michel Cournoyer
Clinton welfare reform drop dead
President Obama is the chief executive, obligated by the Constitution to “take Care that the Laws be faithfully executed.” Obama, however, seems to have — by executive order — altered that to read “take Care that the Laws [which he likes or wished Congress had passed] be faithfully executed. The list of laws he won’t … Continue reading
Re-entering the workforce after taking time off to stay at home with kids can be an intimating process
Many females worry about their skills still being relevant and if they will still fit in and adapt to a workplace environment all while juggling their new added responsibilities at home. The good news is that a recent Korn/Ferry executive survey shows almost 50% of women say having children did not impact their career progression, … Continue reading
Jobs Gap – Fair Trade: The missing element in all the existing plans
If the U.S. is to cut unemployment to about 4.5 percent, which most economists consider to be full employment, the nation must ultimately create more than 16 million new jobs across the entire economy. That is in addition to finding jobs for the 12 million net new entrants into the work force, which the Labor … Continue reading
Best Buy – Geek Squad workers – Hiring on Layoffs ?
On the heels of saying it would lay off 600 Geek Squad workers, Best Buy Co. Inc. says it will hire 500 skilled employees for the unit. Best Buy (NYSE: BBY) spokesman Bruce Hight said Monday that the hiring should be complete by the end of the year. “They’re restructuring, and some particular types … Continue reading
Five Europe 2012 Grads Testimony
Athina Prassa in Athens mastered English in four years studying at a private university. It’s a skill that may not help her much as she hunts for work while hard-right thugs roam her blighted neighborhood. Lucy Nicholls in London graduated from fashion school brimming with optimism. It took just a week for real life to … Continue reading
Pakistan – An action plan for the implementation of National Skills Strategy
National Vocational and Technical Training Commission (NAVTTC) in collaboration with TVET Reform Support Program have started work on formulating an action plan for the implementation of National Skills Strategy (NSS). Preparatory work for development of the action plan began at TVET Coordination Forum on Monday, where officials from NAVTTC and Federal Public sector institutes imparting … Continue reading
Last Shuttle – Struggling a year after layoffs
A year after NASA ended the three-decade-long U.S. space shuttle program, thousands of formerly well-paid engineers and other workers around the Kennedy Space Center are still struggling to find jobs to replace the careers that flourished when shuttles blasted off from the Florida “Space Coast.” Some have headed to South Carolina to build airplanes in … Continue reading
China – Vocational training for disabled stengthened
China will strengthen vocational training for the disabled population and help them find jobs through a variety of rehabilitation programs, according to a joint notice issued Monday. The notice, issued by the China Disabled Persons’ Federation (CDPF) and two ministries, requires relevant government agencies to subsidize training programs and offer free information and employment services … Continue reading
Sweden – €4.3 million to help former AstraZeneca workers in
The European Commission has today proposed to provide Sweden with €4.3 million from the European Globalisation Adjustment Fund (EGF) to help 700 workers made redundant by the pharmaceutical firm AstraZeneca back to employment. The proposal now goes to the European Parliament and the EU’s Council of Ministers for their approval. EU Commissioner for Employment, Social … Continue reading
Cayman Islands – Unemployment Rate at 9.8%
Despite good news from the country’s experts that the local economy is improving, the government’s latest annual economic report shows that unemployment continues to climb, with over 1,700 Caymanians registered as unemployed – some 9.8% of the local workforce. via Cayman Islands News.
Netherlands – Sharp rise in ethnic minority youth unemployment
The unemployment rate among youngsters with an ethnic minority background rose between 22% and 29% over the first three months of this year, compared with 10% for the native Dutch, according to new research by the Forum institute. Of youths with a Moroccan background, up to 39% may now be without a job, Forum, which … Continue reading
Job Club – Because You Only Need One Job
Between networking, researching companies and spending hours searching and applying for jobs online, joblessness is a full-time job. And in that sense, those at the Lisle Township Job Club are fully employed. Its weekly networking meetings, held in the Community Career Center in Naperville, offer a window into the stubborn scourge of unemployment. I’ve come … Continue reading
First-time Calif. unemployment claims drop 9.5% – Handling Hard Times : The Orange County Register
California employers may be slow in adding jobs, but layoffs have declined substantially based on first-time claims for unemployment.Average weekly initial unemployment claims in the state rose to 61,851 in June from the 56,704 in May, according to the U.S. Labor Department. But for the first six months of the year, average weekly first-time filings were … Continue reading
China – Skills Gap May Ease Slowdown
Wages are still climbing rapidly in China and many companies are having trouble filling jobs despite the sharp economic slowdown here—evidence of a structural shortage in the labor market that may help China adjust to slower growth without political instability and whet consumer appetites for foreign goods. Reflecting the tight labor market, wage income for … Continue reading
U.S. Job Recovery – Faster for Men than Women
Even as women have moved up the economic ladder and outpaced men in earnings growth over the last decade, they are lagging behind in a crucial area — getting new jobs. Since the recession ended in June 2009, men have landed 80% of the 2.6 million net jobs created, including 61% in the last year. … Continue reading
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