Job Market Monitor
Michel Cournoyer
LA | Mayor calls for 669 job cuts
In his new city budget, Los Angeles Mayor Antonio Villaraigosa called Friday for the elimination of 669 city jobs -– 231 through layoffs — even as he sought increased staffing levels for police officers and the restoration of some services at the Fire Department. One-third of the jobs targeted by the mayor in his $7.2-billion … Continue reading
Beaverton School District May Slash Over 300 Jobs
The Beaverton school district would eliminate more than 300 jobs under a budget proposal presented Thursday night at Sunset High School. Beaverton is one of the three largest school districts in Oregon — and it’s facing the largest budget shortfall. Before Beaverton superintendent Jeff Rose got into the budget details, he set the tone. He … Continue reading
Aviva | 1,300 Employees Fired Mistakenly – Ouch!
Aviva Plc (AV/), the U.K.’s second- biggest insurer by market value, said the company’s investment unit mistakenly sent an e-mail dismissing its entire staff before retracting the message. The e-mail, which was sent by the Aviva Investors human resources department to 1,300 employees globally, told recipients to turn over company property as they left the … Continue reading
What is the price to save the Euro : Isn’t Worth Saving writes Matthew O’Brien
Welcome to life in a suboptimal currency area. After all, countries that share a currency also share monetary policy. If they don’t share fiscal policy too — that is, there is no centralized treasury — they can get into trouble. Just ask Europe. But as Christian Odendahl at The Economist points out, this also means that … Continue reading
Obama must offer bold plan to fix economy in 2nd term says Robert Reich
President Barack Obama’s electoral strategy can best be summed up as: “We’re on the right track, my economic policies are working, we still have a long way to go but stick with me and you’ll be fine.” That’s not good enough. This recovery is too anemic, and the chance of an economic stall far too … Continue reading
India-based Embassy | IT park in Serbia will create 15,000 jobs
An Indian group will build an IT park in Serbia with an estimated investment of 600 million euros ($788 million). Serbian Prime Minister Mirko Cvetkovic and Jitendra Virwani, chairman of the India-based Embassy Group, Thursday broke ground for the construction of the IT park. Cvetkovic said that the 25,000 square meter facility in the town … Continue reading
162 layoffs in Quebec City | Illegal says Union
The 162 blue-collar layoffs issued by the City of Quebec yesterday are illegal. This was the legal opinion given to the executive of the City’s manual workers’ union (Syndicat des employés manuels – CUPE 1638) who were quick to file a motion for intervention with the Quebec labour relations board, the Commission des relations du … Continue reading
Technical and Vocational Education and Training (TVET) in Sub-Saharan Africa | A better chance for finding jobs (Video)
Three out of five unemployed in sub-Saharan Africa are young. This video explores the importance of Technical and Vocational Education and Training (TVET) in giving young people in Africa a better chance for finding jobs. It is published by UNESCO’s Regional Office for Education in Africa, based in Dakar, Senegal (2011).
UPDATE – American Airlines layoffs
Facing layoffs and other cuts, unions at American Airlines back merger bid from US Airways US Airways made an end run around its larger rival and secured the support of American’s three labour unions in its bid to force a merger. The unions were angry with American over its plan to cut jobs and squeeze … Continue reading
India | Five realities of a teacher job
Here are five common misconceptions about teaching that students sometimes have: MYTH #1: Teaching is not a dignified profession MYTH # 2: Those who can’t do anything, teach MYTH #3: Teaching is very easy and doesn’t require much skill MYTH # 4: If you went to school, then you know how to teach MYTH #5: … Continue reading
India | Infosys to cut in pay after salary freeze
Infosys will tell restive employees angry about a salary freeze that it will make steep cuts to their variable pay for the January-March quarter, risking an exodus of talent to greener pastures. India’s second-largest software exporter, which missed its revenue guidance for the final quarter, has decided that most of its employees will get only … Continue reading
Korea | 70,000 Korean Chinese Face Job Loss
Around 70,000 ethnic Koreans from China working here face the end of their temporary employment visas. Korea opened its doors to ethnic Koreans mostly from China in 2007 to make up for a shortage of workers here in so-called 3D — dirty, dangerous and difficult — jobs. But the four-year, 10-month work visas start to … Continue reading
ILO and World Bank report on government actions against the Great Recession
The International Labour Organization and the World Bank released a joint report and new online data tool with the first comprehensive stocktaking of countries’ jobs-related policy responses to the recent global financial and economic crisis. A follow-up to a request from leaders at the 2009 G20 Pittsburgh Summit, the report, Inventory of Policy Responses to … Continue reading
Europe suffocates in unemployment – The Pravda
In early 2012, many analysts were predicting the imminent resumption of the recession in Europe. Against the backdrop of the worsening debt problems of Greece and Spain, the economic performance indicators in the EU for the first quarter were not the best. Now, the united Europe is threatened by a new attack: unemployment growth does … Continue reading
Canada | Delaying OAS won’t keep skills in the labour force for long, sedentary and stressful jobs
The long, sedentary and stressful hours behind the wheel take a serious toll on truck drivers. In North America the average trucker dies at 61 years of age comments Linda Hall from Vancouver .They are lucky to see 65, much less 67. Nurses work 12-hour shifts, often graveyard shifts, on their feet all day, lifting and moving … Continue reading
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