Michel Cournoyer

AT&T call center continues hiring in Grayson

AT&T officials announced Monday that they are hiring 50 new employees for their East Park call center located in Grayson. “It is always great for me and my job when I can announce the hiring of 50 new employees,” said Mary Pat Regan, AT&T Kentucky president. State Representative Tanya Pullin joined AT&T officials for the … Continue reading →

China Reshoring manufacturing to the U.S.

Chinese conglomerates, on a mission to expand their global footprint and avoid “anti-dumping” tariffs, are shifting more of their production to America. In the United States, cash-strapped states desperate for revenue and jobs, are rolling out the welcome mat for foreign companies that can guarantee both. More Chinese manufacturers have been launching their own U.S. … Continue reading →

British Gas | 550 Southampton jobs to go

Andrew Pate speaks to Ian Peters, Managing Director of British Gas and Mike Jeram from UNISON. British Gas is planning to close a call centre at the end of the year with the loss of 550 jobs. Union leaders said the closure of the site in Southampton would be a “blow” to the workers as … Continue reading →

Hawker Beechcraft warns 350 employees of layoffs

Aircraft maker Hawker Beechcraft said it has given 60-day layoff notices to about 350 workers at its plant in Wichita. Monday’s letter from CEO Steve Miller and Chairman Bill Boisture told employees that market conditions require adjusting production to ensure the company remains competitive…. Source: Read More @ Hawker Beechcraft warns employees of layoffs | CJOnline.com.

GE | 300 New Jobs in Michigan

GE announced today that it will add 300 new jobs in the state of Michigan at its Advanced Manufacturing and Software Technology Center (AMSTC) in Van Buren Township. These high value information technology (IT) and research jobs bring the total commitment to 1,400 at the center and 1,600 across the state. GE also announced today … Continue reading →

Merck pharma closes Swiss HQ- 580 jobs

The job losses at biotech firm Merck Serono were part of a wider restructuring plan “to create a leaner, more agile organisation,” the company said in a statement. “The planned measures for Merck Serono’s operations in Switzerland are needed to ensure our global competitive position in a rapidly changing market and to secure the long-term … Continue reading →

Sony to hire 500 people in India

In contrast to its loss making Japanese parent, Sony India today said it is registering “healthy profit” and even plans to increase its headcount by 500 people in the current financial year. “The situation in India is different from the other global markets, where Sony is witnessing pressure. We are having strong growth and healthy … Continue reading →

Global skills gap leaves 10 million manufacturing positions unfilled says World Economic Forum in collaboration with Deloitte Touche Tohmatsu

The report,The Future of Manufacturing: Opportunities to Drive Economic Growth, by the World Economic Forum in collaboration with Deloitte Touche Tohmatsu Limited  estimates that 10 million manufacturing jobs worldwide cannot currently be filled due to a growing skills gap. This shortage is pervasive despite the high unemployment rate in many developed economies where companies are struggling to … Continue reading →

Academic economists played a big role in causing the crisis says Joseph Stiglitz

Academic economists played a big role in causing the crisis. Their models were overly simplified, distorted, and left out the most important aspects. Those faulty models then encouraged policy-makers to believe that the markets would solve all the problems. Before the crisis, if I had been a narrow-minded economist, I would have been very pleased … Continue reading →

CA | No Jobs for 43% of Newly Licensed Nurses

Forty-three percent of California nurses, who were newly licensed RNs in the previous 18 months, said they had not landed their first job, according to a Fall 2011 survey conducted by the California Institute for Nursing & Health Care (CINHC). The survey was conducted in collaboration with the California Board of Registered Nursing (BRN), California … Continue reading →

India | TCS to hire 50,000

Buoyed by good momentum, IT major Tata Consultancy Services (TCS) on Monday said it will hire 50,000 people in FY’13. “TCS is well prepared to achieve balanced growth across the industries and markets it operates in FY’13. In view of good momentum, we are targeting to hire 50,000 people this year,” TCS CEO and MD … Continue reading →

The U.S. Unemployment Map

It’s the economy, not the taxe code, which generates inequalities

The economic framework that has recently defined our politics should be replaced by a new narrative writes William A. Galston, one that runs as follows: In recent decades, changes in the structure of our economy and politics have created a dramatic increase in income inequality; while changes in our tax code did not contribute materially … Continue reading →

Free Secondary Vocational Education on the radar in Russia

Secondary vocational education will soon be free in Russia, the country’s Education and Science Minister Gennady Shepelev told reporters in Moscow on Monday. He declined to elaborate on the exact date. Shepelev recalled that 27 percent of students of Russian elementary vocation training colleges still pay for the studies. He also admitted that graduates’ job … Continue reading →

Update | AS Social Security run out of money retirement at age 65 could be delayed

Social Security program to run out of money by 2035 | Economy | News | Financial Post The Social Security program will exhaust its trust fund in 2035 and have to start reducing benefits to senior citizens unless Congress intervenes, its trustees said. That is three years sooner than projected in 2011 for the retirement … Continue reading →