Job Market Monitor
Michel Cournoyer
T-Mobile | 900 new layoffs
When T-Mobile USA laid off thousands of workers in March, it wasn’t quite done handing out the pink slips. On Tuesday T-Mobile said it would enter into its next phase of restructuring, which means 900 more layoffs on top of the 1900 job cuts it has already made. via T-Mobile USA starts round 2 of … Continue reading
S. Korea | Unemployment rate (sa) stood at 3.4 percent in April
South Korea’s seasonally adjusted unemployment rate stood at 3.4 percent in April, unchanged from the previous month, official figures showed Wednesday. The economy added 455,000 jobs in April compared with 379,000 a year earlier. via S. Korea jobless rate falls due to service jobs – Channel NewsAsia.
Survey | Older Workers are sticking with their jobs because they “want to”
According to the Older Workers & Money Survey released today by Charles Schwab & Co., Inc., more than three-quarters (76 percent) of middle-income Americans who are between the ages of 50 and 69 say they are sticking with their jobs because they “want to” vs. being “stuck” in them because they can’t leave. Moreover, one … Continue reading
Credit Suisse | To fire 126 employees in the New York area
Credit Suisse Group (CSGN.VX) plans, according to a notification the bank sent to New York State’s Department of Labor on Tuesday. The layoffs, which will extend through August 6, follow the elimination of jobs of 109 people in New York earlier this year. The filing did not disclose the level of seniority nor the business … Continue reading
Indonesia | 2m skilled workers needed in over next 3 years
Indonesia’s private sector will need about 2 million skilled workers within the next three years to support growing business activities, according to the Indonesian Chamber of Commerce and Industry (Kadin). Kadin said on Tuesday that the demand for workers was based on the projection of 13 business associations including the Indonesian Shipbuilding Association (Iperindo), Indonesian … Continue reading
Pinterest | 5 Ways to Use in Job Search
Most people use it to pin pictures of pretty clothes, interesting home decor, and drool-inducing food, but we’ve got another idea — use Pinterest for your job search. Here are five ideas of how to do just that: 1. Find Companies You Want to Work For 2. Put Your Resume on Pinterest as a Portfolio … Continue reading
Pfizer | Layoffs at Manitoba PMU plant
Drugmaker Pfizer’s restructuring of its estrogen extraction plant at Brandon, Man. calls for about 40 per cent fewer employees by the end of next year. The company processes conjugated estrogen from pregnant mares’ urine (PMU) at Brandon to make the hormone replacement therapy Premarin, used to treat menopausal symptoms in women. Pfizer said Tuesday it … Continue reading
Hostess sent potential layoff notices to its 18,000 employees nationwide
Hostess had warned earlier this month that certain conditions — such as an “unsatisfactory resolution to its pending motion before the bankruptcy court regarding certain modifications to its collective bargaining agreements” — could force it to liquidate. “The notices were sent to alert employees that a sale or wind-down of the company is possible in … Continue reading
UK | Surprise Job Market Positive Results
(ONS Press Release) – For January to March 2012: • The employment rate for those aged from 16 to 64 was 70.5 per cent, up 0.2 on the quarter. There were 29.23 million people in employment aged 16 and over, up 105,000 on the quarter. The quarterly increase in employment was entirely due to more part-time workers. • … Continue reading
U.S. | Nearly $1 Trillion a year fighting poverty and over the next 10 years, governments will spend $250,000 for every poor American
On January 8, 1964, President Lyndon B. Johnson delivered a State of the Union address to Congress in which he declared an “unconditional war on poverty in America.” At the time, the poverty rate in America was around 19 percent and falling rapidly. This year, it is reported that the poverty rate is expected to … Continue reading
LinkedIn Profile | 6 Things That Shouldn’t Be on Your Resume
Sure, LinkedIn and your resume have a lot in common. They both include your professional summary, experience, skills, contact information, education and important links. But beyond that, there are plenty of things your LinkedIn profile has that need to stay clear of your resume. 1. All of Your Experience 2. Publications 3. Recommendations 4. Interests 5. Birthday … Continue reading
Hawker Beechcraft announces another 150 layoffs at Wichita
Hawker Beechcraft has announced layoffs for the second time in three weeks, this time affecting 150 employees at its Wichita aircraft plant. The latest cuts will reduce the aircraft maker’s total employment in Wichita to 4,200 people. Hawker Beechcraft announced on April 23 that it was giving 60-day layoff notices to about 350 employees – … Continue reading
U.S. tariffs on Chinese solar cells could lead to job losses
The Obama administration’s recent decision to slap import tariffs on Chinese solar cells was hailed by some domestic solar manufacturers as a victory for job creation, leveling the field while sending a powerful message to Beijing about monopolistic behavior in crucial industries. But a close look at the U.S. solar industry suggests that the tariffs … Continue reading
South Africa’s police to cut 9000 jobs
South Africa’s police service should reduce staff numbers by 9000, the National Treasury has recommended, according to a report on Monday. According to a Treasury report submitted to Parliament last week, this could see the police service placing a moratorium on the recruitment of new members from 2013, Beeld newspaper reported. Dianne Kohler-Barnard, DA MP … Continue reading
UK | More than 60,000 NHS jobs ‘at risk’
More than 25,000 National Health Service posts have been abolished in the past two years and more than 60,000 further jobs are at risk, according to the Royal College of Nursing. Government proposals to move care of many patients from acute hospitals to community settings are branded a “facade” by the nurses’ representative body in … Continue reading
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