Job Market Monitor
Michel Cournoyer
Sweden Unemployment Rose in January as Debt Crisis Hits Demand – Bloomberg
Swedish unemployment rose more than estimated last month as Europe’s debt crisis weighs on demand in the largest Nordic economy. The non-seasonally adjusted unemployment rate, based on a survey of about 29,500 people, rose to 8.0 percent from 7.1 percent the prior month, Stockholm-based Statistics Sweden said today. The median estimate of 13 economists surveyed … Continue reading
Argentina 4Q Unemployment Falls To 6.7% On Economic Boom | Fox Business
Argentina’s unemployment rate fell to 6.7% in the fourth quarter as a fast-growing economy continued to add jobs, according to government data. The figure represents a sharp decline from the 7.2% unemployment rate reported in the third quarter, and 7.3% in the fourth quarter of 2010, national statistics agency Indec said in a statement Wednesday. … Continue reading
Hospital mass layoffs lower in 2011 than at height of recession :: Feb. 2, 2012 … American Medical News
The number of mass layoffs at hospitals decreased for 2011 compared with 2008, 2009 and 2010, when the recession and the ensuing economic hangover were in full force. According to data released Jan. 25 by the Bureau of Labor Statistics, 121 mass layoffs occurred in the hospital setting, leading to 8,098 people claiming unemployment benefits … Continue reading
Irish could fill up to 80,000 construction jobs in Canada – The Irish Times – Mon, Feb 27, 2012
UP TO 80,000 jobs in British Columbia could be filled by Irish construction workers, according to a delegation from western Canada which is visiting Ireland this week. Manley MacLachlan, president of the British Columbia Construction Association, which represents over 2,000 companies, said yesterday there was “a world of opportunities” for suitable workers in the western … Continue reading
Analysis: U.S. factory jobs rebound seen destined to fizzle – chicagotribune.com
U.S. manufacturers are hiring at the fastest pace in more than a decade to keep up with new orders but sweeping technological advances could cost thousands of factory workers their jobs in years to come. At a new factory in upstate New York, which is due to churn out its first computer chips this year, … Continue reading
Job scare may lead to new plan on manufacturing – The Economic Times
After pitching the new manufacturing policy (NMP) as a one-shot fix to revive the manufacturing sector and create jobs by the millions, the government is now worried that its benefits may take too long to come. It is now thinking of a short-term manufacturing plan to create jobs quickly to prevent social unrest. The concern … Continue reading
Childcare cost rises ‘may make parents quit their jobs’ – BBC News
Some parents could be forced out of work and into poverty as the rising cost of childcare outstrips wage rises, says a report. A survey by the Daycare Trust charity showed that the average cost of nursery care in Britain for children under two rose by nearly 6% last year. Average wages rose by just … Continue reading
WOW Sight And Sound In Liquidation – Layoffs
The slump in retail spending has claimed another victim, with Queensland-based WOW Audio Visual Superstores placed in the hands of receivers and managers. The company has about 500 employees, with 10 stores in Queensland and two in New South Wales, according to a statement from receivers and managers Ferrier Hodgson. WOW Audio Visual Superstores also has … Continue reading
Eli Lilly to create 200 Kinsale jobs – RTÉ News
Pharmaceutical company Eli Lilly has announced an investment of almost €330m at a new plant in Kinsale in Co Cork. The plant will manufacture and prepare for market the next generation of treatments for illnesses such as cancer and diabetes. Some 300 jobs will be created during construction, while the plant will need 200 skilled … Continue reading
PNC lowers plan for layoffs by 100 – NewsObserver.com
PNC Financial Services Group, which is on the verge of completing its acquisition of RBC Bank, has found new jobs for nearly 100 workers in Raleigh and Rocky Mount whose current positions are being eliminated. The bank is still working on finding new jobs for others who are facing layoffs, PNC spokesman Fred Solomon said … Continue reading
Layoffs hit Hebron fabrication site at Bull Arm – Nfld. & Labrador – CBC News
Some workers have been let go at the Bull Arm industrial yard in eastern Newfoundland, although the managing company says the layoffs are routine and will not affect the Hebron offshore oil project. Kiewit-Kvaerner Contractors let 10 people go on Thursday. Six were staff members, while four people had been seconded from other companies and … Continue reading
Wisconsin leads Midwest in layoffs, unemployment
Despite signs of recovery over the last year, Wisconsin is one of the leading states in layoffs and unemployment claims, according to the most recent federal statistics. Only five other states — California, New York, Pennsylvania, North Carolina and Florida — had more layoffs than Wisconsin during January of this year, according to the a … Continue reading
Rosebud Mining Begins Layoffs
As many as 30 workers will be receiving unemployment checks following what some workers call the “beginning” of further cuts in the Rosebud Mining organization. While there was no one available at Rosebud to confirm reports, it appears that over 20 positions were eliminated in Rosebud’s Kittanning operation on Route 422 and at least ten … Continue reading
Joblessness Leads to More Hungry and Homeless Families in U.S. Cities – U.S. Conference of Mayors
In the midst of a struggling economy and continuing high levels of unemployment, U.S. cities are feeling the pressure from increased numbers of hungry and homeless families according to a U.S. Conference of Mayors (USCM) report on the status of Hunger and Homelessness in 29 cities in America. Continue reading
US | Unemployment : 31.5 % among high school dropouts and 8.9 % for college graduates with Bachelor’s Degrees
Unemployment figures show the jobless rate for recent college graduates with Bachelor’s Degrees has been running at an unacceptable 8.9 percent. But, a new study from the Georgetown Center on Education and the Workforce finds that unemployment among job seekers with no better than a high school diploma is a catastrophic 22.9 percent – and an almost unthinkable … Continue reading
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