Job Market Monitor
Michel Cournoyer
Austerity in Europe Puts Pressure on Drug Companies
Profits at pharmaceutical companies have been declining or showing little growth for the last year as austerity measures across Europe lead to cuts in health care spending. Some analysts say this trend could continue until at least 2014. Budget cuts mean that many European governments are not willing to pay as much for pills. But … Continue reading
Young people will pay price of inaction on OAS: Finley | CTV Ottawa | CTV News
Human Resources Minister Diane Finley says immediate action is required to ensure younger Canadians won’t be struggling to support the nation’s rapidly aging population. Speaking to Toronto’s Canadian Club on Tuesday, Finley stressed the urgency of revamping Old Age Security lest younger Canadians be confronted with higher taxes or fewer social programs in the future. … Continue reading
Companies Move Manufacturing Jobs Back to America – ABC News
A factory sits empty. It’s not in the Rust Belt, nor is it part of a manufacturing exodus that has cost the U.S. thousands of jobs. It is a factory in Shenzhen, China, and the American company that once employed Chinese workers is now packing up, coming home and bringing the jobs with them. John … Continue reading
China | Hu Jintao stresses employment
More effort needs to be put into bolstering China’s job market, President Hu Jintao has said. Hu, also general secretary of the Communist Party of China (CPC) Central Committee, made the remarks Monday at the 32nd group study of the Political Bureau of the CPC Central Committee. Increasing employment is key to guarantying and improving … Continue reading
Is America Overworked?
It’s midnight on a Wednesday and I’m sitting at my keyboard after a 10-hour day trying to finish an article on whether Americans work too much. This is a prank, right? Sadly, it’s more like a typical day for most freelance writers, and we’re becoming part of the norm. With an increasingly competitive job market, … Continue reading
Top 10 skills and competencies: teamwork : graduate jobs, careers, recruitment TARGETjobs
The message from employers is clear: academic qualifications alone are not enough to get you a graduate job. They want to see evidence of your employability skills – the competencies that will enable you to contribute well in the workplace. But what are these key skills, and how do you show you have them? To … Continue reading
UK | CIPD calls for end to row over ‘unpaid’ work experience | 24 February 2012 | Stock Market Wire
The Chartered Institute of Personnel and Development (CIPD) is warning that recent headlines, which associate voluntary unpaid work experience with slave labour, are in danger of discouraging employers from offering placements and denying young people a route into permanent employment. Good quality work experience provides an invaluable way for young people to build key skills … Continue reading
Help Wanted: Skilled Manufacturing Workers
The U.S. economy is gathering momentum and the key driver is manufacturing. Not only is our industrial sector growing, but after more than a decade of losses in manufacturing jobs, we are actually going in the other direction. We added 50,000 manufacturing jobs in January on top of 32,000 the month before. This is a … Continue reading
President Obama proposed a job creation tax credit in his budget, but it is bad policy | Business | TIME.com
A tax credit? For small businesses? To create jobs? And raise wages? Wow! What a great idea! What’s not to like? Quite a bit, in fact. In his fiscal 2013 budget proposal, President Obama has suggested a temporary 10% tax credit designed to spur job creation and wage growth among small businesses. It’s a fine … Continue reading
Irish and British head for Australian jobs, but where are the Greeks?
RISING unemployment in Europe has driven an influx of Irish and British skilled migrants to labour-strapped pockets of the Australian economy in recent months, government figures show. But skilled migration from Greece, where unemployment topped 20 per cent in November, remains low as Australian recruiters target already strong labour streams from the British Isles. The … Continue reading
Republican House Bill Would Strip US Fed’s Jobs Mandate – Business News – CNBC
Seeking to make good on past threats in Congress to rein in the Federal Reserve’s powers, a prominent Republican lawmaker said on Thursday he will introduce legislation to focus the U.S. central bank on a single mandate to fight inflation and protect the dollar’s value. Representative Kevin Brady, vice chairman of the Joint Economic Committee, … Continue reading
Most jobs are not lost, they merely end up elsewhere
The structure of the economy – as represented by the relative sizes of the various industry sectors – is always changing. Normally the rate of change is so slow we don’t notice it. At present, however, the pace of change is much quicker than usual. These pressures are coming from outside Australia. Many are the … Continue reading
Adani Group to invest $ 6 b by 2015
The Adani Group on Thursday announced plans to invest $ 6 billion by 2015 to develop its three core clusters of resources, logistics and energy. The investment will be funded by a mix of internal accruals, equity and debt. It will largely go to its new Australian coal mining operation. The group is the largest … Continue reading
Chase bank is adding 350 jobs | The Columbus Dispatch
Chase, the region’s largest private employer, said yesterday that it will add at least 350 jobs in the Polaris area over the next five years. That continues a hiring binge that has seen Chase add 2,500 jobs over the past year in Columbus, bringing the local Chase work-force total to 19,000… via Chase bank is … Continue reading
Air New Zealand to slash hundreds of jobs | Stuff.co.nz
Air New Zealand “had no option” but to cut the jobs of 175 staff today, as plummeting profit margins force the national carrier into cost-cutting mode. This morning, the airline reported a $38 million profit for the six months to December, a slump of 61 per cent from the same period last year. Chief executive … Continue reading
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