Job Market Monitor
A Closer Look
Eurozone: India and China contributed 95 percent of the jobs created by the BRIC nations
As Eurozone companies fight recession, India and China contributed 95 percent of the jobs created by the BRIC nations after the US, which led the employment generation, according to a recent survey. The number of jobs created by BRIC investors in Europe increased by 8 percent in 2011, with India and China together accounting as … Continue reading
Barclays to cut 600 jobs in India
Barclays India will slash up to 600 positions by March next year as it cuts down on its lending activities, bank sources said. This, however will not translate into an equal number of job losses as some of them will get accommodated within the company, apart from natural attritions over a nine-month period when the … Continue reading
Arch Coal Layoffs – 750 workers in Appalachia
One of the world’s largest coal producers said Thursday it would lay off about 750 workers in the Kentucky, Virginia and West Virginia coalfields, the latest setback for an industry struggling to sustain market share as utilities switch to cleaner and cheaper alternatives to generate electricity. The bulk of the cuts by Arch Coal Inc., … Continue reading
States with the Longest Stretches of Unemployment
In the annals of states with long stretches of high unemployment, Nevada seems destined to become the poster child for the Great Recession and foreclosure crisis. The state has an 11.9% unemployment rate — a half a percentage point higher than runner up Rhode Island. Nevada has led the nation in unemployment for 27 months, … Continue reading
Unemployment Insurance Weekly Claims Report: Not an indication of a dynamic job market.
SEASONALLY ADJUSTED DATA I SEASONALLY ADJUSTED DATA In the week ending June 16, the advance figure for seasonally adjusted initial claims was 387,000, a decrease of 2,000 from the previous week’s revised figure of 389,000. The 4-week moving average was 386,250, an increase of 3,500 from the previous week’s revised average of 382,750. The advance seasonally adjusted insured … Continue reading
Northen Ireland – ‘Do nothing executive’ sleepwalks job crisis
NI Conservatives’ economy spokesman, Johnny Andrews, has accused the Executive of ‘sleepwalking towards a jobs crisis’ and failing to ‘deliver a boost for business’, after the latest labour statistics revealed an increase in unemployment and economic inactivity in Northern Ireland. “The Executive’s Programme for Government promised that creating jobs would be a priority, but it … Continue reading
Greece and Germany: Ex-East residents resent paying for
Germany may be Europe’s most powerful economy. But its prosperity is so uneven that Poles just across the border see it differently: as a place where housing is a bargain. Fueled by an economic boom in their own country, Poles have been spilling into the former East Germany, still one of the poorest parts of … Continue reading
Canada – IKEA Now Hiring in Winnipeg
IKEA announced today that as the opening of the retailer’s newest store in Winnipeg approaches, the company is launching a major recruitment campaign. IKEA will be hiring 300 new co-workers, to support the new 390,000 square foot store. The new co-workers will be welcomed into an engaging environment with a strong focus on people and … Continue reading
Canada – Employment Insurance, April 2012 – Down 28,600 (-5.3%) to 513,700
The number of people receiving regular Employment Insurance (EI) benefits decreased for the third consecutive month in April, down 28,600 (-5.3%) to 513,700. The number of beneficiaries decreased in nine provinces, with the largest percentage declines occurring in Quebec, Ontario, Alberta and Saskatchewan. Source: The Daily — Employment Insurance, April 2012.
UK – Accor to create 3,500 in three years
Accor, the hotel operator has launched people development strategy, strengthening its commitment to providing a learning and development support to its future and existing employees across its network of 185 hotels in the UK. Académie Accor unveils today its new campus in London, a first-of-its-kind UK professional training centre offering exceptional teaching facilities to ensure … Continue reading
China – Factories production drops for an eighth consecutive month
China’s factory sector shrank for an eighth straight month in June as export orders sentiment hit its weakest level since early 2009, according to a survey that indicates the country’s economic trough may extend well into the third quarter. The HSBC Flash Purchasing Managers Index, the earliest monthly indicator of China’s industrial activity, fell to … Continue reading
US – Wealth Gap by race widens
White Americans have 22 times more wealth than blacks — a gap that nearly doubled during the Great Recession. The median household net worth for whites was $110,729 in 2010, versus $4,995 for blacks, according to recently released Census Bureau figures. The difference is similarly notable when it comes to Hispanics, who had a median … Continue reading
Air France – 5,000 jobs to be cut by 2013
French airline Air France has announced it is to cut more than 5,000 jobs by the end of 2013 in an attempt to reduce costs and return to growth. The figure represents just under 10% of the total workforce of 53,000. The job cuts form part of a restructuring plan to restore profitability, in the … Continue reading
Tea Party : Unemployment Higher Among Native Born than Immigrants
The unemployment rate for immigrant workers in the United States is lower than the unemployment rate for native-born workers, according to data from the Bureau of Labor and Statistics (BLS). BLS’s data show that unemployment among foreign born workers in May 2012 was 7.4 percent, while for native-born workers it was 8.0 percent. The data … Continue reading
UK unemployment benefit claims post unexpected rise
Mixed unemployment data show headline jobless rate fell 51,000 to 2.61m as claimant count rose 8,100 to 1.6m Source: m.guardian.co.uk. Related articles (jobmarketmonitor.com) UK unemployment falls by 51,000 and 166,000 more people in employment – ONS UK: Long-term youth unemployment grows eight-fold since 2000 UK Youth Unemployment | From 6,000 to 50,000 on Jobseekers’ Allowance for more than … 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 