Michel Cournoyer

Nissan’s Sunderland success story

BBC: Nissan’s decision to build its new Invitation car in Sunderland is the third statement of confidence in the plant in the last two years. In 2010 the company announced plans to manufacture the new electric Leaf in Wearside and last year it said it would also produce the new Qashqai on the site. The … Continue reading →

Royal Bank of Scotland | Cuts 215 U.K. Jobs

Bloomberg: Royal Bank of Scotland Group Plc, Britain’s largest government-controlled lender, said it was cutting 215 U.K. jobs and moving the posts overseas. The cuts will fall on support staff at the bank’s finance division, mainly in Edinburgh and London, a spokesman said. The reductions are in addition to the 6,800 job losses announced since … Continue reading →

Originally posted on Euro Area Debt Crisis by Megan Greene:
Last week I wrote about the difficulty of doing business in Greece, and the role that the government plays in perpetuating the bureaucracy. Does all of this mean that Greece is doomed? Not necessarily. Returning to the drachma would be ignominious for Greece, but it…

American Cities | Mapping Inequalities

The Atlantic Cities: Inequality is shaping up to be one of the biggest issues in the 2012 presidential election. The Occupy movement may have waned since last fall, but its focus on the privileges of the top one percent has yet to go away. Most economists argue that rising inequality is driven by broader structural … Continue reading →

Krugman | Economics is in Crisis

Paul Krugman: To say the obvious: we’re now in the fourth year of a truly nightmarish economic crisis. I like to think that I was more prepared than most for the possibility that such a thing might happen; developments in Asia in the late 1990s badly shook my faith in the widely accepted proposition that … Continue reading →

African Americans and Latinos | Unemployment | No relief in 2012

Economic Policy Institute: Even though the U.S. recession officially ended in June 2009, the country’s unemployment rate remains devastatingly high. The situation is particularly dire for many African Americans and Latinos—and is not predicted to improve any time soon. Among the states with sufficient data for reliable estimates, African American unemployment rates exceeded 10 percent in … Continue reading →

Spain : Safety net frays as care workers go unpaid, regions revolt, but more cuts demanded

Spain’s safety net frays as care workers go unpaid | Reuters Reteurs: Mercedes Garcia, the director of a residency for severely mentally disabled adults, has a crisis in her kitchen. Two caterers have been supplying and preparing food for the centre’s 46 patients for free for almost a year; the other 18 recently decided they’d had … Continue reading →

Tips: Entry-Level Resume in Recession

The Savvy Intern by YouTern: If you’re applying for a job at the entry level, you may be taking your first stab at writing a resume, which is always exciting. But the writing process gets even more exciting (and a bit more challenging) if you’re writing yours during a tough economic period. Competition is usually a … Continue reading →

Poverty in England: An interactive map

Want to see how poverty looks like relative to other districts ? The Gaurdian : Credit reference company Experian, besides supplying information to credit cards companies and banks, also provides data for the public sector – and has given us this data. It ranks every English local authority by a set of key poverty indicators… … Continue reading →

Yahoo preparing layoffs, could affect thousands

Yahoo Inc’s new chief executive is preparing a significant restructuring of the Internet company, including layoffs that could cut thousands of employees from its payroll, according to a technology blog. The moves could be announced as soon as the end of the month and would represent the first major changes under CEO Scott Thompson, the … Continue reading →

Job Gap | 600 M Jobs missing in the world | 12 M in U.S. | A factor behind income inequalities

The extensive Job Gap as tremendous impact. According to the 2012 of the ILO report on Global Employment Trends(GET), the world facesa Global Job Gap of 600 million jobs.

Apple says it is supporting 514,000 U.S. Jobs | Reactions

 Apple is Supporting 514,000 U.S. Jobs according to Apple itself. You can read the argument @ Apple. “Apple has made its first attempt to quantify how many American jobs can be credited to the sale of its iPads and other products, a group that includes the Apple engineers who design the devices and the drivers who … Continue reading →

Layoffs by governments at local level hardly help job recovery and investment in education is falling by the way

Layoffs at the local level, by local administrations, we could say, by local government, are so numerous that we could post them on a separated blog. This hardly helps job recovery. Moreover, investment in education is falling by the way. Krugman thinks it is bad politics and we agree. …If it weren’t for this destructive … Continue reading →

White People | What’s the matter with them ?

One of the burdens of blackness, W.E.B. DuBois famously wrote, was facing down an omnipresent question from the wider society: “How does it feel to be a problem?” I’ve been wondering lately if white people might soon understand what he meant. Both the right and left suddenly have a lot of complaints about white people, … Continue reading →