Hyundai Motor Co. plans to hire 877 more workers to add a third shift at its Montgomery, Alabama, assembly plant so it can crank out more Sonata midsize cars and Elantra compacts. The Korean automaker said Monday the hiring will take place during the summer, with the plant transitioning to the third shift in September. … Continue reading
Labour supply is the number-two concern of companies surveyed by Calgary Economic Development, says President and CEO Bruce Graham. Their number-one concern is the jittery world economy, but that’s a fret for the global pace of business that drives oil prices, rather than for the local economy. What business leaders most want is help to … Continue reading
In a recent survey, Gaby Atfield and Kate Purcell found in Futuretrack Stage 3 Working Paper 4: The fit between graduate labour market supply and demand that graduates who were studying vocational subjects were most likely to believe that the subject they had studied would be an advantage in looking for employment. Sixty per cent of respondents studying subjects allied to … Continue reading
LM Wind Power Holding A/S, a maker of turbine blades for companies including Vestas Wind Systems A/S (VWS), said profit fell 41 percent last year when it cut 180 jobs making 3 percent of its staff and that it expects demand to weaken. Earnings before interest, taxes, depreciation and amortization fell to 73.9 million euros … Continue reading
“Fifty-nine percent of workers who were laid off from full-time jobs in the last year reported they found new positions, up from 55 percent last year.” according to CareerBuilder Survey. Majority of Workers Finding Jobs in New Fields 60 percent of workers in the 2011 survey took jobs in different fields vs 48 percent last … Continue reading
Three decades of stagnating earnings for bottom deciles of male wage earners and 1990s anti-poverty policies promoting employment among poor single mothers suggest increases in the ranks of low-wage breadwinners living in low-income households. Low-wage workers often get few employer sponsored benefits, while antipoverty programs target poor non-earners; these factors suggest low-wage and low-income workers may be unprotected … Continue reading
“In May 2004 the UK, Sweden and Ireland were the only EU countries to fully open their labour markets to migrant workers from A8 countries.[1]” write Nick Clark and Jane Hardy in Free Movement in the EU – The Case of Great Britain, a report publisher on Bibliothek der Friedrich-Ebert-Stiftung. “The same access to labour … Continue reading
In a well documented paper, David Raffe, from University of Edinburgh, tells us that : The processes and outcomes of education-work transitions vary across countries and these differences tend to persist over time Institutional differences which create different national ‘logics’ largely explain these differences System reactions to pressure and theirs impacts vary. His General findings Where … Continue reading
The crisis of African American unemployment requires federal intervention writes Economic Policy Institute. Even when the national economy is good, however, conditions for African Americans are typically bad. Federal intervention to aid African American community development is necessary for the following reasons: African Americans still reside mainly in separate and unequal communities. In 2010, in the … Continue reading
Unemployment gets worse before getting better, then it gets worse again, finds U of M study Being unemployed is roughest early on and then again after you’ve been out of a work for months, the study finds. A new study co-authored by Connie Wanberg, associate dean at the University of Minnesota’s Carlson School of Management, … Continue reading
A Floridian who loses his job this year will be eligible for 74 weeks of unemployment benefits, instead of the 99 weeks available during the recession. This is the last week that Florida residents will be able to apply for up to 20 weeks of extended benefits, paid by the federal government, the Florida Department … Continue reading
As pointed out by Calculated Risk, industrial production is still 4.1% below the pre-recession peak. And, from the job market perspective, things are worse. Manufacturing’s decline in jobs is part of a complicated picture Is manufacturing in crisis? That’s a question on the minds of many policy makers. Even President Barack Obama talked about it in … Continue reading
Social Media Strategies from Linfield College Sign up for a Twitter account. Companies often tweet job openings, and find a sizeable pool of applicants within several hours. They also tweet valuable inside information that can help job seekers tailor cover letters and resumes. In addition, some career development offices at colleges tweet local job postings. … Continue reading
Job search site Indeed, already a long-standing powerhouse in the U.S., has overtaken TotalJobs to become the top job search site in the U.K. based on unique visitors, the company revealed today. Indeed overtook Monster in the U.S. in Nov. 2010, a sign that its formula of showing job listings from tons of job-related sites … Continue reading