Job Market Monitor
Michel Cournoyer
Heather Wilson: LANL layoffs 400-800
On Tuesday Heather Wilson, Republican candidate for U.S. Senate, released a statement in response to a voluntary lay-off at Los Alamos National Labs. According to the release, 400-800 jobs will be lost at Los Alamos as a result of President Obama’s budget cuts. Wilson’s statement was sent before any official announcement was made by Los … Continue reading
Sterling Savings Bank lays off 6% of workers – Portland Business Journal
Sterling Financial Corp. has laid off 6 percent of its workers, or 160 people, the bank announced in a filing Friday with the U.S. Securities and Exchange Commission . The layoffs will save the bank around $15 million in annual payroll. The bank is not releasing information about the number of layoffs in specific … Continue reading
Long Beach Post: LBUSD Approves Layoff of Over 300 Employees
With more than $200 million cut since 2008 and counting, the closure of two schools, and more than 800 layoffs last year, the Board for the Long Beach Unified School District (LBUSD) unanimously passed a motion approving the layoff of over 308 employees in order to brace for the millions the district will lose following … Continue reading
Long Beach school board approves layoffs of 300 – Sacramento News – Local and Breaking Sacramento News | Sacramento Bee
The Long Beach school board has approved the layoffs of more than 300 employees, including the entire teaching staff of the Head Start preschool program, as part of proposed budget cuts. The Press-Telegram ( http://bit.ly/ypTARZ) says the school district is proposing the cuts in anticipation of a more than $189 million budget deficit by 2014. … Continue reading
Demographic Dividends, Dependencies And Economic Growth In China And India
The world‟s two population giants have undergone significant, and significantly different, demographic transitions since the 1950s. The demographic dividends associated with these transitions during the first three decades of this century are examined using a global economic model that incorporates full demographic behavior and measures of dependency that reflect the actual number of workers to … Continue reading
Is English or Mandarin the language of the future? – BBC News
English has been the dominant global language for a century, but is it the language of the future? If Mandarin Chinese is to challenge English globally, then it first has to conquer its own backyard, South East Asia. The assumption that Mandarin will grow with China’s economic rise may be flawed. Consider Japan which, after … Continue reading
Inequality and Redistribution during the Great Recession – Economic Policy Papers – Publications & Papers | The Federal Reserve Bank of Minneapolis
In this paper, we explore the impact of the Great Recession on economic inequality and redistribution in the United States. We analyze many sorts of inequality (in earnings, disposable income, consumption expenditures and wealth) for different sections of the economic distribution. Here we highlight three central findings. In 2010, the bottom 20 percent of the … Continue reading
China’s Slowdown – EconoMonitor
Yesterday I was on China Radio International (CRI) talking about the latest figures and trends for the Chinese economy: the drop in real estate, record bank profits, weak trade and PMI data, and persistent inflation. The overarching question was whether the perceived slowdown in China’s economy is real, and how worried we should be about … Continue reading
Just How Important Is Manufacturing? – Willy C. Shih – HBS Faculty – Harvard Business Review
Having a strong domestic manufacturing base is vital to the United States maintaining its world leadership in innovation. That is because advanced manufacturing provides an important institutional foundation for learning and developing process skills and capabilities that are increasingly intertwined with core R&D in some of the industries most important to the country’s economic future. … Continue reading
If Cameron wants to bring down unemployment, he could stop sacking workers – Kevin Maguire – Mirror Online
Upwards of 200,000 Britons didn’t suddenly decide they don’t want to work when David Cameron got his loafers under the Cabinet table. And hoards more young people didn’t wake up and think employment, education or training weren’t for them. The dole queues stretch 2.67 million back because the ConDem Coalition just isn’t working. The Chancellor, … Continue reading
To Claim Unemployment Benefit, You May First Have To Do A Drug Test | Economy Watch
In a deal to extend the payroll tax cut and unemployment benefits, Congress has passed a law that would soon allow states to conduct drug-tests before handing out payments. While the Republicans initially wanted to extend the drug-tests to all unemployment benefit applicants, the new law would only allow the tests to be conducted on … Continue reading
GOP looks to ban federal regulations until unemployment falls to 6 percent – The Hill’s Floor Action
House Republicans have put forward a bill that would prevent federal agencies from issuing any new significant regulation until the national unemployment rate drops to 6 percent. Under the bill, H.R. 4078, federal agencies could not finalize regulations that cost the economy $100 million or more, or have other significant effects on job creation, until … Continue reading
Factcheck: Does frequent youth unemployment negatively affect your wages later in life? | Full Fact
Today the Department for Education claimed that, by the age of 42, a young person who experiences frequent unemployment can expect to earn 12-15 per cent less than average. Is this right? “By the age of 42, someone who had frequent periods of unemployment in their teens is likely to earn 12-15 per cent less … Continue reading
How To Write an Interview Winning CV – SQLServerCentral
Do you want your CV to be one that gets overlooked? Of course not! I’m going to share with you exactly what you need to do in order to create an interview winning CV for a Database Administrator (DBA), Data Professional or any other darn profession you can think of for that matter! What prompted … Continue reading
Make a good impression in phone interviews – USATODAY.com
As employers try to whittle down what can be hundreds of applicants vying for one job, they’re turning more to phone interviews to screen candidates and streamline the process. You may be taking a call in the kitchen, but don’t be tempted to rinse a dish or even your hands while talking to a potential … Continue reading
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