Job Market Monitor
A Closer Look
Qantas workers despair over job cuts – Local News – News – General – Brimbank Weekly
JOB cuts at Qantas could have a devastating effect on communities surrounding Victoria’s two major airports, union officials have warned. Australian Workers Union state secretary Cesar Melhem said Brimbank, Hume, Moonee Valley and Melton supplied the bulk of Qantas workers to Tullamarine Airport, while Avalon Airport attracted many of its workers from Wyndham. Qantas chief … Continue reading
Rhodes scholars could help stop Indiana ‘brain drain’ | Palladium-Item | pal-item.com
Thank you state Sen. Jean Leising for authoring Senate Resolution 10, establishing a study committee “to study the causes of and solutions for higher than state average unemployment rates and lower than state average per capita income in certain Hoosier counties” (New Castle Courier Times, Jan. 24). The American dream of upward mobility for the … Continue reading
The hiring game | CommunityPress.com | cincinnati.com
Hiring is in high gear at the Horseshoe Casino Cleveland, set to open in May with 1,600 new dealers, bartenders, servers, cashiers and other workers. Officials with developer Rock Gaming and operating partner Caesars Entertainment say the hiring process in Cleveland foreshadows what happens in Cincinnati. The Horseshoe Casino Cincinnati is set to start hiring … Continue reading
ExxonMobil Engineers Help Close Gender Gap in Math and Science – MarketWatch
Close to 1,000 students across the country participate in hands-on activities –Middle school students interact with role models at 13 ExxonMobil locations –Program sparks students’ curiosity in the science, technology, engineering and math fields ExxonMobil Foundation is collaborating with National Engineers Week for the ninth consecutive year to present “Introduce a Girl to Engineering,” where … Continue reading
Québec must revise its immigration law and programs to put an end to the systemic discrimination of migrant workers
Québec must revise its immigration law and programs to put an end to the systemic discrimination of migrant workers, says the Commission des droits de la personne et des droits de la jeunesse The Commission des droits de la personne et des droits de la jeunesse is urging the Québec government to change its immigration … Continue reading
Sears: Now Come the (Penalty-Free) Headquarters Layoffs «
As I foreshadowed on January 5, despite a huge subsidy package enacted by the state of Illinois in December, Sears Holdings Corp. has already announced layoffs at its headquarters in the Chicago suburb of Hoffman Estates. Last week, the retailer announced that 100 HQ staff will be laid off. This after the chain announced on … Continue reading
msnbc video: Could Americans be in for another hit?
Watch @ msnbc video: Could Americans be in for another hit?.
NZ | Foreign ministry to cut jobs in radical restructure | NATIONAL News
Most of the Ministry and Foreign Affairs 600 staff will have to reapply for their jobs under a radical restructuring proposal that could see up to 300 jobs go and lucrative allowances for staff on overseas postings whittled back to boost pay packets back home. Staff will be told on Thursday about proposals to cull … Continue reading
Strong Yen Hurting Japanese Economy – Forbes
Bank of Japan governor Masaaki Shirakawa warned on Monday that a surging yen and the European Union’s sovereign-debt crisis were slowing Japan’s post tsunami economic recovery. The strong yen and the European financial crisis are related because as investors dump the euro, they look for what they feel are safe haven currencies like the Japanese yen … Continue reading
IMF warns of HK recession – The Standard
Hong Kong faces a potential recession if the European financial crisis deepens, the International Monetary Fund warned. Economic growth locally is expected to slow to 4 percent in 2012 from 5.75 percent estimated for this year because of weakening external demand, the fund said in a report released yesterday. In the third quarter, the economy … Continue reading
Quarterly National Accounts – GDP Growth – Fourth Quarter 2011, OECD
Provisional estimates show that quarterly gross domestic product (GDP) growth in the OECD area decelerated sharply to 0.1% in the fourth quarter of 2011, against 0.6% in the third quarter. Source: oecd.org Quarterly National Accounts – GDP Growth – Fourth Quarter 2011, OECD.
A new jobs program for people trapped in unemployment – CBS News
We’ve seen some improvement in the job market lately. But there’s something stubborn about unemployment. Never in the last 60 years has the length of joblessness been this long. Four million people, a full third of the unemployed, have been out of work more than a year. They’ve been severed from the workforce. Ben Bernanke, … Continue reading
The Intractable Tragedy of Long-Term Unemployment – Derek Thompson – Business – The Atlantic
The vast majority of the 5.5 million long-term unemployed have been out of work for more than a year. For this installment of “Working it Out,” we asked you if the government should enact special programs to help the long-term unemployed. We’ve received more than 100 responses. Here are some of the smartest, most heartfelt, … Continue reading
Hundreds of thousands march in Spain against reforms | Reuters
Hundreds of thousands of people protested across Spain Sunday against reforms to the labor market they fear will destroy workers’ rights and spending cuts they say are destroying the welfare state. Organizers, including the two largest unions Comisiones Obreras and UGT, said as many as half a million people joined the protest in 57 towns … Continue reading
Jobless disability claims soar to record $200B as of January, research from JPMorgan Chase shows – NYPOST.com
Standing too many months on the unemployment line is driving Americans crazy — literally — and it’s costing taxpayers hundreds of billions of dollars. With their unemployment-insurance checks running out, some of the country’s long-term jobless are scrambling to fill the gap by filing claims for mental illness and other disabilities with Social Security — … Continue reading
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