Job Market Monitor
Michel Cournoyer
Hewlett-Packard Begins Layoffs at Factory
Hewlett-Packard confirmed that it has begun eliminating jobs at its Rio Rancho center as part of its restructuring plan. Image via CrunchBase The company did not provide the actual number of job cuts, but some sources said that the company will fire a total of 100 workers from all departments at this facility. Hewlett-Packard announced … Continue reading
India – Gujarat – Lowest unemployment rate among all states
Gujarat Congress’s yet another poll agenda has been punctured, this time by a department under Union Ministry of Labour and Employment. In run up to the assembly election, one of the issues Gujarat Congress has taken up against the state government is unemployment. According to the latest report for the year 2011-12, released by Labour … Continue reading
US – Hires Rate (3.3 percent) and Separations Rate (3.3 percent) unchanged in May
There were 3.6 million job openings on the last business day of May, little changed from 3.4 million in April, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.3 percent) and separations rate (3.3 percent) were essentially unchanged in May. This release includes estimates of the number and rate of job openings, hires, … Continue reading
Unemployed Europeans Get Brazilian Visas And a Bride
Being young and European right now can be pretty bleak, with the average EU youth unemployment rate standing at 22.4% — and rates in Spain verging on a Great Depression-like 51%. Unsurprisingly, a lot of young Europeans want to move abroad, but moving abroad isn’t always easy — or even legal. This report in Brazilian … Continue reading
UK – The Recruitment and Employment Confederation and KPMG said permanent placements are down
Permanent and temporary jobs across the country, including the City, have fallen in recent weeks, giving a “bleak” outlook on the employment front, according to two studies. The Recruitment and Employment Confederation (REC) and KPMG said permanent placements fell for the first time in six months in June, while temporary appointments were down for the … Continue reading
Race Matters – Black unemployment rate:14.4% -vs- white at 7.4%
As the overall U.S. unemployment rate stayed at 8.2% in June, the rate among black Americans rose nearly a full percentage point. The reason for the increase appears to have been a rise in the percentage of African-Americans looking for a job, rather than job losses. The unemployment rate for blacks rose to 14.4% from … Continue reading
Long-Term Unemployed – Hard Times: Lost on Long Island
Starting in summer 2010, when many hoped an era of recovery would begin, and continuing through the holiday season six months later, HARD TIMES: LOST ON LONG ISLAND spotlights the challenges facing highly skilled, well-educated Long Islanders who lost their jobs. Public relations professional Anne Strauss notes, “Being unemployed for two years is not just … Continue reading
Chart – Public employment by President
Source: The Center of the Universe » Blog Archive » Public employment by President.
511,000 Americans Have Lost Unemployment Benefits
Expirations built into the unemployment insurance system when the program was extended at the start of this year will continue to bite this week, kicking 44,000 unemployed Americans off of benefits. This brings the total number of people who have lost benefits since the start of 2012 to 511,000. The federal government created the Emergency … Continue reading
Politics – Lower Unemployment Where Republican Governor Elected in 2010
While liberals remain aloof to our economic recession in Washington, every Republican governor elected in 2010 has reduced unemployment and spurred an economic recovery at a rate faster than the national average in their respective states. Tony Lee of Breitbart.com stated that “the average drop in the unemployment rate in these states was 1.35%, compared to … Continue reading
Presidential Campaign – Almost 13% of Young Adults Who Voted for Obama are Now Unemployment
After almost one full term of Obama’s policies, the unemployment rate is still above 8% according to figures released on June 6, 2012. The number of unemployed women ages 16 and over in the civilian work force increased by 780,000 from January 2009. The economy created only 80,000 jobs in June while 85,000 workers exited … Continue reading
OECD – High jobless rates to last until at least the end of 2013
The Employment Outlook 2012 says that the OECD-wide joblessness rate is forecast to remain high at 7.7% in the fourth quarter of 2013, close to the 7.9% rate in May 2012. This leaves around 48 million people out of work across the OECD. In the Euro area, unemployment rose further in May to an all-time … Continue reading
UN Millennium development Goals report 2012 – Extreme poverty is falling in every region
The Millennium Development Goals (MDGs) agreed to by world leaders over a decade ago have achieved important results. Working together, Governments, the United Nations family, the private sector and civil society have succeeded in saving many lives and improving conditions for many more. The world has met some important targets—ahead of the deadline. • Extreme poverty … Continue reading
Facebook, LinkedIn, Twitter – How Recruiters Use Social Media
By now, we’ve all heard about how employers scope out the Tweets and Facebook profiles of job seekers to winnow down the field of applicants. But job seekers may be surprised to hear just how many recruiters now use social media throughout the hiring process. Perhaps more surprising still, most recruiters are apparently checking for … Continue reading
West Palm Beach – FTI Consultants announces 115 layoffs
Economic concerns in the U.S. and abroad has led to 115 layoffs and office realignment at FTI Consulting, the company announced, which is a 3 percent downsizing of the company’s workforce. FTI Consulting (NYSE: FCN) said in a news release Friday that it would consolidate office space at six leased locations. The employees were told … Continue reading
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