Job Market Monitor
Michel Cournoyer
American Airlines | 1,200 layoffs of nonunion workers
American Airlines plans to lay off 1,200 nonunion workers by the end of the summer as it closes an Arizona reservation center and outsources skycaps and some customer service and gate agents as part of its corporate restructuring. On Wednesday, the Fort Worth-based airline outlined plans to reduce annual employee costs by $95 million for … Continue reading
Update | Sony | Cuts 326 EMI’s publishing staff
Sony to Cut 326 EMI Publishing Jobs After Purchase Closes – Bloomberg Sony Corp. (6758) plans to cut 326 jobs at EMI Publishing within two years after U.S. and European regulators approve its $2.2 billion acquisition of the U.K. music company… Source: via Sony to Cut 326 EMI Publishing Jobs After Purchase Closes – Bloomberg. … Continue reading
Fisker | The real Karma is the taxpayer
Fisker Automotive, the startup hybrid-electric carmaker backed by the state and federal governments, has laid off another dozen workers at its Newport-area factory. The layoffs, which occurred quietly Friday, come as the company continues closed-door negotiations with the U.S. Energy Department for a loan that could determine whether Fisker ever builds a car in Delaware. … Continue reading
Pharmaceutical group Mylan is to create 500 jobs in Dublin and Galway
Those jobs will be created over the next five years following a €380 million investment in its Irish operations. The investment, which is being supported by IDA Ireland, will include an expansion of Mylan’s research and development (R&D) capabilities here. Mylan is the largest so-called “generics” pharmaceutical manufacturer in Ireland, producing medicines that are no … Continue reading
EU commission proposes ‘appropriate’ minimum wage
The European Commission on Wednesday (18 April) published an ideas paper to get Europe’s record number of unemployed into jobs and boost growth, including setting an appropriate minimum wage and shaming member states into improving work rates. A controversial suggestion is that member states should introduce an appropriate minimum wage. Most member states have … Continue reading
Keep your friends close, but your prospective employees closer | Facebook, LinkedIn Used for Screening
: Social media circles can reveal a lot about a candidate. With the pervasive, worldwide adoption of social media platforms like Facebook, Twitter and LinkedIn, job seekers know that the all-important first impression is potentially made well before the first interview. But just how many hiring managers browse social media profiles, and what types of … Continue reading
Dairy Crest | 500 jobs at risk
Dairy Crest announced plans to shut a glass bottling dairy at Aintree, where 220 people work, and a site at Fenstanton in Cambridgeshire employing 250 people. The company also said its contract to supply milk to Tesco would not be renewed when it comes to an end in July. Dairy Crest sells around 3% of … Continue reading
Gender and the Recession in UK | Better outcome for women is the result of a rise of 172,000 in self-employment
Comparing the labour market situation at the outset of the recession with the latest available official data shows that men overall have fared less well than women. By the start of 2012 there were 387,000 fewer men in work (a net fall of 2.4%) than in the first quarter of 2008. By contrast the number … Continue reading
South Africa | For vocational training affordable, good quality vocational training
Last month, a stampede at the University of Johannesburg killed the mother of a potential student, and injured several other people writes Sarah Emily Duff, an NRF postdoctoral research fellow at Stellenbosch University, South Africa. Thousands of parents and prospective students had turned up to register – in all, around 85,000 students applied for only 11,000 places. … Continue reading
India | Reverse Brain Drain | Who’s Coming Back and Why?
India’s faltering growth may be disappointing, but it’s still much more rapid than the continued stagnation of the U.S. economy. In certain fields, at least there are still opportunities to be seized in India by those with a taste for adventure. Labor economists call this kind of migration the “reverse brain drain.” Ironically, the migrants … Continue reading
LA | 350 workers face layoffs after 56 courtrooms closure
A state-ordered cut of $30 million to the Los Angeles Superior Courts budget will prompt the closure of 56 courtrooms countywide, layoffs of 350 workers and the “erosion of access to justice,” an official said Tuesday. The cuts will shutter 24 civil, 24 criminal, three family law, one probate and four juvenile delinquency courtrooms, according … Continue reading
Employers and Young Talents | Do not rely on the market for talent writes ManpowerGroup
As a series of demographic and economic shifts intensely converge, creating a “Human Age,” a range of population groups are being alienated from work opportunities in the global economy writes ManpowerGroup in Wanted: Energized, Career-Driven Youth. (Adapted excerpts by Job Market Monitor following) Young workers are most affected and have been labeled a lost generation of … Continue reading
1,000 jobs for Irish in Middle East, says an international consultancy
A MAJOR international consultancy has up to 1,000 jobs available for highly qualified Irish construction staff as it ramps up its operations in the Middle East, which is enjoying a boom in infrastructure spending. Hyder Consulting, which already employs nearly 4,000 people in the UK, Germany, the Middle East and Asia, is attempting to hire … Continue reading
Sony | Could Layoff 60 percent of EMI’s publishing staff
The European Commission is expected to issue a ruling on Thursday in one of the music industry’s biggest deals in the past decade: Sony’s proposed $2.2 billion takeover of EMI Music Publishing. In public, Sony has said little about the deal, except to soothe fears that the combined company might dominate the lucrative publishing industry. … Continue reading
UK | Almost 1 M persons out of work for more than a year by end of 2012 says IPPR
IPPR urges ‘job guarantee’ to tackle ‘hidden crisis’ of long-term unemployment Almost a million people will have been out of work for more than a year by the end of 2012, according to new analysis by the think tank IPPR. The think tank is today raising the alarm over the growing number of people who have … Continue reading
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