Job Market Monitor
A Closer Look
Ireland reveals plans to cut dole queues – CTV News
Dublin has unveiled far-reaching plans to cut dole queues by targeting those at risk of long-term unemployment, introducing penalties for people who do not take up training, and inviting the private sector to provide job placements. The plan copies several ideas already in place in the U.K., France and Australia, including immediate on-the-spot assessments for … Continue reading
Canada / Older workers flood into job market
Older workers have flooded into the job market since the recovery that began in the summer of 2009, TD Economics said Thursday, eclipsing other age groups in terms of gains made in the labour market. The report said Canadians aged 60 years and over account for about one-third of all net job gains, “a striking … Continue reading
Global Economic Growth Momentum Turns Positive – IDEX Online News – IDEX Online Research:
Composite Leading Economic Indicators (CLI) in February points to a positive change in momentum for major geopolitical entities, according to the OECD. Previously, there has been little overall change in the Composite Leading Indicators, most of which were in negative territory. The Composite Leading Indicators’ positive momentum is being driven primarily by the United States … Continue reading
Canada’s pattern of immigration spreads east and west – The Globe and Mail
What is rapidly changing is the distribution of new immigrants within Canada. From 1991 to 2006, Ontario attracted 54.5 per cent of the immigrant population (using Census data for those years). During that same period, the Maritime provinces attracted less than 1 per cent of immigrants, even though the region’s population was more than 5.5 … Continue reading
Centrica, British Gas Parent, Cuts 2,300 Jobs – International Business Times
Centrica, parent company of British Gas, slashed 2,300 jobs to save £500 million ($784.9 million) on the heels of disappointing profits brought by a mild winter that cut household energy consumption. The utility saw a 30 percent drop in annual operating profit at British Gas to $819.5 million, or $78.58 per household, after winter arrived with … Continue reading
Tucson Police Hiring 50-100 New Officers – Arizona Public Media
The Tucson Police Department will hire 50 to 100 new officers by the end of this year to fill its growing employment void, a department spokeswoman says. “We realized as a department that we are losing a lot of people due to attrition, whether it be retirements or people finding other places to work,” Officer … Continue reading
Appleton Papers to cut 330 jobs in West Carrollton – Dayton Business Journal
Appleton Papers Inc. plans end paper production in West Carrollton and cut 330 jobs. The Wisconsin-based company announced Thursday it reached a tentative 15-year deal worth $3 billion to buy its uncoated base paper from Domtar Corp. Appleton plans to continue operating a thermal paper coating operation locally, which employs about 100 and launched at … Continue reading
Stopping the ‘Reverse Brain Drain’ | KQED News Fix
The U.S. Immigration Service held a summit today in Silicon Valley to tackle a “reverse brain drain” of American-trained entrepreneurs returning to their native countries to start companies. More than 100 leaders from high tech, academia and government met at Moffett Field to discuss the “Entrepreneurs in Residence” initiative. “The best and brightest from all … Continue reading
Co-Workers Get a Chance to Change Places – WSJ.com
Employers are mixing it up. Jobs, that is. Some U.S. businesses are giving employees the chance to complete a stint in a different department or temporarily swap places with a colleague overseas. Companies have long provided job rotations for higher level executives to give them a sense of how different departments operate, but now they … Continue reading
Australians Working Longer, Retiring With More Money
The number of older workers with jobs in Australia has almost doubled in a decade, transforming workplaces and adding almost a million employees to meet the nation’s skills shortages. New data from the Bureau of Statistics shows that, on average, 1.93 million workers aged 55 and over were employed in 2011, almost double the 1.01 … Continue reading
Thelma Etim: The Gender Pay Gap Gains Are At Risk Of Erosion
Amid the bleak economic outlook, women in the UK had a little something to smile about just before the festive season got under way. This was owing to the Office of National Statistics’ (ONS) revelation that the gender pay gap had narrowed markedly. Figures showed it had dropped below 10% for the first time after … Continue reading
Windsor, Ont., poised to get 500 new manufacturing jobs – Windsor – CBC News
Windsor Mayor Eddie Francis confirmed Thursday the city is close to landing 500 much-needed manufacturing jobs. Francis called talks between BYD Company Limited and the City of Windsor “pretty advanced.” He also said that Windsor is “further ahead than other cities” when it comes to convincing the Chinese electric bus builder to set up shop. … Continue reading
Merck KGaA to cut costs, jobs | Reuters
German drugs and chemicals group Merck KGaA announced plans on Friday for a cost-cutting programme across all its businesses that may include job cuts. “Over the next two years Merck needs to address unprecedented market shifts, increasing competition in key product areas and existing inefficiencies in its own organization to ensure the long-term success of … Continue reading
Recession has Portugal urging citizens to leave to find work – USATODAY.com
For nearly 600 years, Portugal had one of the greatest colonial empires in Europe, commanding trade centers in Africa, South America and China. Ana, a 28-year-old unemployed Portuguese woman, waits in line in Lisbon on Jan. 3 to discuss her unemployment benefits. Austerity measures have made it difficult for many Portuguese to find work. Now, … Continue reading
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
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