Job Market Monitor
A Closer Look
Pain Without Gain – NYTimes.com
Last week the European Commission confirmed what everyone suspected: the economies it surveys are shrinking, not growing. It’s not an official recession yet, but the only real question is how deep the downturn will be. And this downturn is hitting nations that have never recovered from the last recession. For all America’s troubles, its gross … Continue reading
Germany drawing up plans for Greece to leave the euro – Telegraph
The German finance ministry is actively pushing for Greece to declare itself bankrupt and to agree a “haircut” on the bulk of its debts held by banks, a move that would be classed as a default by financial markets. Eurozone finance ministers meet on Monday to approve the next tranche of loans from the EU … Continue reading
Egypt unemployment climbs to 12.4 pct Q4/2011 – Economy – Business – Ahram Online
Egypt’s unemployment rate rose by 0.5 per cent to 12.4 per cent in the fourth quarter of 2011, according to an International Labour Organisation [ILO] report. Unemployment was 11.9 per cent in the third quarter of 2011. Urban governorates saw joblessness at 19 per cent and rural governorates 8 per cent. Read More @ Egypt … Continue reading
U.S. Unemployment Increases in Mid-February
The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February, up from 8.6% for January. The mid-month reading normally reflects what the U.S. government reports for the entire month, and is up from 8.3% in mid-January. via U.S. Unemployment Increases in Mid-February.
The Netherlands enters recession | Dutch News
The decline in economic activity has taken its toll on the job market in the Netherlands. There were 10.000 fewer jobs available at the end of December than there were in the third quarter of 2011, with commercial jobs in trade and business declining considerably. Manufacturing jobs also declined by 2.000 from the third quarter. … Continue reading
Toronto tops New York in risk of condo bubble | Mortgages | Personal Finance | Financial Post
A sliver of land wedged between Toronto’s elevated expressway and an off-ramp that pumps traffic into downtown may become the epicenter for a Canadian housing bubble. In four years, this site that’s now used as a parking lot and police impound near the shores of Lake Ontario will be home to Ten York, a 75-story … Continue reading
‘One Bad Bill’: One in Three Americans Are Poor or Near-Poor – News – GOOD
We tend to separate the 99 percent into “poor,” “working class,” and “middle class.” But those categories may be becoming obsolete. According to new numbers crunched by the Census Bureau and The New York Times, many of us—17 percent, according to the Times’ measure—are one paycheck away from economic disaster, making one in three Americans … Continue reading
The Wealth Gap – Inequality in Numbers – BBC News
Until protestors took to the streets last year, first in New York and then in financial centres across the world, inequality had been a low-key issue. Not any more. With the political temperature rising, a stream of new analysis is revealing how sharply inequality has been growing. In October, the US Congressional Budget Office (CBO) … Continue reading
Rising Share of Americans See Conflict Between Rich and Poor | Pew Social & Demographic Trends
The Occupy Wall Street movement no longer occupies Wall Street, but the issue of class conflict has captured a growing share of the national consciousness. A new Pew Research Center survey of 2,048 adults finds that about two-thirds of the public (66%) believes there are “very strong” or “strong” conflicts between the rich and the … Continue reading
Foxconn to Raise Salaries for Workers by Up to 25% – NYTimes.com
Foxconn Technology, one of the biggest manufacturers of products for Apple, Dell, Hewlett-Packard and other electronics companies, said Saturday that it would sharply raise worker salaries at its Chinese factories. Foxconn said that salaries for many workers would immediately jump by 16 to 25 percent, to about $400 a month, before overtime. The company also … Continue reading
29,500 long-term unemployed Michigan workers lose benefits
Nearly 30,000 “long-term” unemployed workers in Michigan—those out of work for more than 6 months—had their Extended Benefits (EB) assistance abruptly disqualified as of February 18. The EB assistance is the last extension program available for workers who have exhausted all other forms of emergency unemployment compensation. The disqualification comes as a result of new … Continue reading
Egypt’s unemployment rate rises to 12.4% | Egypt Independent
Egypt’s fourth quarter unemployment rate rose by two percentage points from the previous quarter, the government’s statistics office said on its website on Saturday. Unemployment, one of the key triggers of the mass demonstrations that toppled Hosni Mubarak, rose to 12.4 percent in the fourth quarter of 2011, compared to 8.9 percent in the fourth quarter … Continue reading
Spain faces unemployment pain after embracing austerity in European crisis – The Washington Post
Even while the Socialists were still in power, Spain took the initiative in slashing mercilessly into welfare budgets and reducing salaries, vowing to get a handle on a dangerous pile of deficits and debts. The conservative prime minister elected three months ago, Mariano Rajoy, has pursued the cutback campaign even more vigorously, raising taxes and … Continue reading
Work Sharing Provision an Essential Part of Payroll Tax Cut Bill – Economic Intelligence (usnews.com)
This week, Congress passed the Middle Class Tax Relief and Job Creation Act of 2012 that carried the essential provisions of work sharing bills proposed by Sen. Jack Reed and Rep. Rosa DeLauro. The bill would have the federal government pick up some of the expenses associated with state work sharing programs, thereby giving them … Continue reading
Republican Study Committee | Who Killed the Jobs? – Power Line
This chart tells you just about everything you need to know as you prepare to vote in 2012. Prepared by the Republican Study Committee, it depicts the percentage of Americans in the labor force from January 2005 (commonly known as the “good old days” through January 2012. The decline in the number of working Americans … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 