Job Market Monitor
Michel Cournoyer
India | Accor to hire over 1,100 employees
Hospitality firm Accor today said it will hire 1,100 people in India this year to meet the needs of its growing network. The company plans to operate 90 hotels in India by 2015. It already has 3,600 employees here, the company said in a statement. “We expect to create significant job opportunities across all segments … Continue reading
Crossroads: The Psychology of Immigration in the 21st Century
The United States today has approximately 39.9 million immigrants—the largest number in its history. As a nation of immigrants, the United States has successfully negotiated larger proportions of newcomers in its past and is far from alone among postindustrial countries in experiencing a growth in immigration in recent decades. Notably, nearly three quarters of the … Continue reading
The number of Disabled Americans Workers receiving SSDI jumped 22%
The number of workers receiving SSDI jumped 22 percent to 8.7 million in April from 7.1 million in December 2007, Social Security data show. That helps explain as much as one quarter of the decline in the U.S. labor-force participation rate during the period, according to economists at JPMorgan Chase & Co. and Morgan Stanley. … Continue reading
Brain Drain | India top exporter of skilled immigrants to Australia
India has climbed to the top of the charts as the top source country for skilled permanent migrants to Australia. Chris Bowen, the Australian immigration minister who is visiting India, told TOI, “The strongest link between Australia and India is peopleto-people through immigration . India has for several years been our third largest source of … Continue reading
Job Search | Ageism exists
Ageism does exist, as many types of discriminations do when hiring. What you need to do, however, is strategically plan how you are going to present yourself in an interview. Right now there is a declining work force. Thousands and thousands of people are retiring, taking with them years of institutional knowledge. This knowledge is … Continue reading
Gallup | U.S. Unemployment Rate Up in April
U.S. unemployment, as measured by Gallup without seasonal adjustment, showed a modest decline to 8.3% in April from 8.4% in March. However, applying the government’s historical April adjustment to Gallup’s unadjusted number yields a seasonally adjusted April estimate of 8.6%, up from 8.1% in March… Read More @ Gallup Seasonally Adjusted U.S. Unemployment Rate Up in … Continue reading
Long-term unemployment : almost 30% of jobless in U.S.
Once unemployed, more Americans are staying that way than before the recession, with 29.5% of jobless Americans now out of work for more than a year. In the first quarter of the year, 3.9 million of the nearly 13.3 million unemployed workers in the country had been jobless for all or most of 2011. That’s … Continue reading
Unemployment Quest : Charles DeYoe was looking for a job reports Wired
Charles DeYoe has been looking for a job ever since he graduated school a year ago. But Charles decided to make the most of the experience, and turn his hunt for work into a video game, Unemployment Quest. Charles is running a Kickstarter project to raise funds to finish Unemployment Quest and produce pro-quality CDs. With 16 days to … Continue reading
New Zealand | Unemployment rate up at 6.7pc
New Zealand’s unemployment rate unexpectedly rose to 6.7pc in the first quarter after the labour force swelled to a three-year high as more people started looking for work in what’s been a tight jobs market. The kiwi dollar fell after the data was released. The unemployment rate rose 0.3 percentage points to 6.7 per cent … Continue reading
Baker Center : Up to 430,000 solar jobs by 2020
Baker Center answers our question on solar energy : the spread of solar power technology into energy markets is following the same “less-than-smooth” path. Solar power is on track to become a major source of energy for the United States, and will likely need less federal incentive than other energy sources to get there, according to a study … Continue reading
UPDATE – Lufthansa | No more rumored : 3,500 jobs cut
Lufthansa to cut 3,500 jobs Lufthansa on Thursday unveiled plans to cut 3,500 jobs as it reported a worse than expected operating loss of €381m in the first quarter of 2012. Analysts had been expecting a loss of €273m for the three months to March 31 but were reassured by how Europe’s largest airline by … Continue reading
Unemployment Insurance Weekly Claims Report : A good drop after two dissapointing weeks, but rises some concern
SEASONALLY ADJUSTED DATA In the week ending April 28, the advance figure for seasonally adjusted initial claims was 365,000, a decrease of 27,000 from the previous week’s revised figure of 392,000. The 4-week moving average was 383,500, an increase of 750 from the previous week’s revised average of 382,750. The advance seasonally adjusted insured unemployment rate was 2.6 percent … Continue reading
The geographical shift of the middle class will entail relocalization – World Economic Forum
The geographical shift of the middle class has implications for supply chains says The Future of Manufacturing, A World Economic Forum Report in collaboration with Deloitte Touche Tohmatsu Limited The rise of demand centres in Asia, along with the typical costs that accompany more developed nations, will likely increase localization of production. Increasingly expensive logistics are leading some companies, such as … Continue reading
India | 2,5 M jobs created in labour intensive sectors
Over 25 lakh jobs were created in the country between October 2008-December 2011 in selected labour intensive and export oriented sectors, like textiles, the Rajya Sabha was informed today. “According to the survey results, overall estimated employment in all selected sectors has experienced a net addition of 25.84 lakh from the first survey (October, 2008 … Continue reading
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