A Closer Look

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Beveridge principle bites the dust writes Public Finance

The Report of the Inter-Departmental Committee on Social Insurance and Allied Services, known commonly as the Beveridge Report was an influential document in the founding of the Welfare Statein the United Kingdom. It was chaired by William Beveridge, an economist, who identified five “Giant Evils” in society: squalor, ignorance, want, idleness and disease, and went on to propose widespread reform to the … Continue reading

UPDATE – Canada | Fed Budget | The Third Wave

Parks Canada hit hard as nearly 4,000 public-sector workers receive job notices Parks Canada has been hit especially hard in the latest round of federal public service cuts announced Monday, with the department receiving nearly half of the 4,000 notices of affected and surplus jobs, according to the largest union of federal public servants. The … Continue reading

Update | Qantas to cut up to 1,000 jobs

Qantas to cut 400 jobs in Australia, 600 more in danger -media | Reuters Australian carrier Qantas will cut 400 jobs at its heavy maintenance base near Melbourne airport and 660 workers at another base are also at risk, media reports said on Tuesday. A Qantas spokeswoman confirmed a review of the carrier’s three existing … Continue reading

Europe | May Day labour protests

Labour activists have been holding marches and rallies in Europe and around the world to mark May Day, at a time of austerity and social unrest. Politics coloured events in France – one of the eurozone’s dominant states – which elects a new president on Sunday. In Greece, which elects a new parliament the same … Continue reading

Labour Day | Indonesia stages Asia’s biggest rally

Thousands of Indonesian workers held Asia’s biggest May Day rally on Tuesday, demanding better pay and protection of job security, watched warily by a heavy police and army presence. Colourful protests organised by trades unions and left-wing parties across Asia shared the theme of better pay and conditions, and denunciations of government policy, as living … Continue reading

Older Worker at 45

Phyllis Barnett is only 61 years old, but as she explains it, she was already considered a senior in the eyes of the job market years ago. “I have discovered as I’ve gotten older,” she says, “that once you hit 45, you’re considered an older worker.” An accounting professional with a master’s degree in business … Continue reading

Philippines | Labor Day | Gov’t offers nearly 300K jobs

As the nation celebrates Labor Day today, the Department of Labor and Employment (DOLE) is offering as many as 300,000 local and overseas jobs in the simultaneous job and livelihood fairs the agency is holding in various areas. Labor Secretary Rosalinda Baldoz said the nationwide job and livelihood fairs form part of the centerpiece event … Continue reading

Qantas to axe over 1,000 jobs

QANTAS will axe 400 jobs at its Tullamarine heavy maintenance base and 660 workers at Avalon are also at risk. Source: via Qantas to axe 400 Tullamarine workers with another 660 jobs at Avalon in danger | Herald Sun.

Mining in Sudbury | From an employer market to a worker market

Jeff Lafortune teaches in the civil and mining engineering technologist program at College Boreal he graduated from 15 years ago. In that decade and a half, he has seen a tremendous demand build for skilled mining employees. “When I graduated, there was one company in town … and there were 15 of us wanting that … Continue reading

Ireland | Cisco to create 115 jobs

Cisco is to invest €26 million in its research and development centre in Galway, creating 115 jobs. The investment, announced this morning by Taoiseach Enda Kenny, will be made over the next two years and is being supported by IDA Ireland. Mr Kenny described it as “most welcome news” for Ireland and the region. “The … Continue reading

Wall Street To Cut 21,000 Jobs

Wall Street is earning profits at the moment but that doesn’t mean jobs on the famous financial exchanges of New York are safe as Wall Street recruiters announced this week that “job creators” will be slashing 21,000 jobs from the securities divisions alone. Analysts predict that worldwide cuts will be even larger as big banks … Continue reading

Amazon to collect sales tax and create 2,500 jobs

As part of a settlement with the great state of Texas, Bezos’ baby will start collecting the state’s requisite 6.25-percent sales tax on July 1st. The settlement resolves the online retailer’s ongoing dispute with the Lone Star state, which claimed that Amazon owed $269 million in back taxes. In addition to taking up collection, Amazon … Continue reading

Israel’s revised jobless rate goes up

Israel’s move to bring its economic statistics in line with leading Western countries has led to a far bleaker picture of its jobs market, undermining claims that the country is riding through the global crisis with relative ease. The Central Bureau of Statistics on Monday unveiled a new employment survey – a reworking of past … Continue reading

LDK Solar Cuts 5,554 Jobs

LDK Solar Co. (LDK), the world’s second- largest maker of wafers for cells, cut 5,554 jobs this year after plunging prices cut margins to a record low amid a renewable-energy shakeout that’s pushed at least eight solar companies into bankruptcy and prompted thousands of industry firings. LDK, which reported the lowest margins among its publicly … Continue reading

The retirement tsunami at Washington

Figures released earlier this month by the Office of Personnel Management seem to suggest that the giant wave of baby boomers leaving federal service may be starting to build. For the first three months of 2012, OPM saw a steady increase in the number of new claims for the Civil Service Retirement System (CSRS) and … Continue reading

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